Stock Price Targets definition

Stock Price Targets means the stock price targets applicable to a series of Performance Units established by the Committee at the time of such award. For purposes hereof, a stock price target shall be deemed attained at such time as the fair market value (as defined in the applicable Stock Incentive Plan) of a share of Celera Stock or PE Biosystems Stock, as the case may be, averages such stock price target over a period of 90 consecutive calendar days.
View Source

Examples of Stock Price Targets in a sentence

  • Subject to the following sentence, the actual number of Shares subject to this Award that will vest will be determined based upon the achievement of Company Stock Price Target(s) during the Performance Period and the satisfaction of the applicable service-based vesting conditions, all in accordance with this Exhibit A.

  • Except in connection with a Change in Control as set forth in Section 5 of this Exhibit B, no partial achievement will occur and no Shares will become Eligible Shares for achievement between two Company Stock Price Targets.

  • The Plan Administrator shall make adjustments to the Stock Price Targets to eliminate (to the extent necessary and without duplication) the impact of any stock splits, reverse stock splits, and stock dividends.

  • EXAMPLE o If during the first year the price of the Stock exceeded ___, then 2 of the 8 Stock Price Targets would have been met.

  • Continuing the example, if in year three, the stock price does not exceed ___, then only 2 of 8 Stock Price Targets would have been met in that year, and thus only ______ additional Option shares will vest, bringing the total number of vested Option shares to ______________________.

  • The actual number of Shares subject to each Grant Tranche that will vest will be determined based upon the achievement of Company Stock Price Target(s) during the applicable Measurement Period and the satisfaction of the applicable service‑based vesting conditions, all in accordance with this Exhibit B.

  • The Maintenance Condition is as follows: In order for any RSUs meeting the Stock Price Condition on or prior to December 31, 2022 to vest, the average Closing Price of the Company’s common stock for the entire period during the fourth quarter of calendar year 2022 (“Q42022”) must be not less than 60% of the respective Stock Price Targets.

  • The Option may be exercised in full on or after the earlier of (a) April 19, 2007 or (b) two years after all Stock Price Targets under the Series FY02-7 Performance Units granted to you on the date hereof have been attained, provided that, except as provided below, you are on the date of exercise, and have been at all times from the date of grant to the date of exercise, a regular employee of the Company or one of its subsidiaries.

  • AutoPal Software is designed to provide The Client with comprehensive Loan Servicing Software.

  • Accordingly, Recipient may receive under this Agreement $260,000 in value of Restricted Shares for each of the three Stock Price Targets, or a total of $780,000 in value of Restricted Shares if the Company's Common Stock closes at or above the highest Stock Price Target for 20 consecutive days.