Target Units means one hundred percent (100%) of the total number of PSUs granted on the Grant Date, as specified in Section 1 of the Award Agreement.
Target Units means the number of Performance Units with respect to the number of Shares reflected in this Agreement that you could receive if the Performance Target level is achieved for the Performance Period. The number of Target Units is set forth on the cover page of this Award Agreement.
Target Units means the target number of Units eligible for vesting as shown on page 1.
Examples of Target Units in a sentence
If the number of Target Units held by a Target Unitholder is such that the aggregate entitlement of the Target Unitholder to Scheme Consideration comprising Bidder Scrip Consideration is such that a fractional entitlement to a Bidder Scrip Consideration arises, then the entitlement of that Target Unitholder must be rounded down to the nearest whole number of Bidder Units.
Below are examples of the diagram sheets that show the summary for both passing and failing Target Units.
TR Performance Units do not represent actual Common Units, but rather represent a right, subject to the terms of the Plan and this Agreement, to receive a number of Common Units equal to the product of (i) the Target Units multiplied by (ii) the TR% of Target.
More Definitions of Target Units
Target Units means the pro-rata portion of the Target Units as determined pursuant to the immediately preceding sentence. Number of Objective Criteria Target Units Earned: [ ]% of the Objective Criteria Target Units shall be eligible to be earned based on attainment of the Objective Criteria Threshold Performance Goal for the Performance Period, subject to continued employment or service as provided herein except in the case of a Qualifying Termination. [ ]% of the Objective Criteria Target Units shall be eligible to be earned based on attainment of the Objective Criteria Target Performance Goal for the Performance Period, subject to continued employment or service as provided herein except in the case of a Qualifying Termination. [ ]% of the Objective Criteria Target Units shall be eligible to be earned based on attainment of the Objective Criteria Maximum Performance Goal for the Performance Period, subject to continued employment or service as provided herein except in the case of a Qualifying Termination. One Share of the Company’s stock will be issued for each Objective Criteria Target Unit earned and vested in accordance with this Agreement and Schedule A. Number of Qualitative Criteria Target Units Earned: Up to [ ]% of the Qualitative Criteria Target Units shall be eligible to be earned based on the attainment of the Qualitative Criteria Performance Goal for the Performance Period, subject to continued employment or service as provided herein except in the case of a Qualifying Termination. One Share of the Company’s stock will be issued for each Qualitative Criteria Target Unit earned and vested in accordance with this Agreement and Schedule B. SIGNATURE PAGE TO PERFORMANCE-CONTINGENT RESTRICTED STOCK UNIT AWARD AGREEMENT Participant: Printed Name: [ ] Target Units: [ ], of which [ ] are Objective Criteria Target Units and [ ] are Qualitative Criteria Target Units. Regional Management Corp. By: Name: [ ] Its: [ ] Schedule A REGIONAL MANAGEMENT CORP. 2015 LONG-TERM INCENTIVE PLAN PERFORMANCE-CONTINGENT RESTRICTED STOCK UNIT AWARD AGREEMENT Schedule A sets forth the objective performance targets (the “Objective Criteria Targets”) for the objective criteria performance-based and service-based Restricted Stock Unit Award (the “Objective Criteria Award”) under the Regional Management Corp. 2015 Long-Term Incentive Plan, as it may be amended and/or restated (the “Plan”), evidenced by the Performance-Contingent Restricted Stock Unit Award Agreement (the “Agreement”) t...
Target Units has the meaning ascribed to it in the recitals.
Target Units shall have the meaning set forth in the preamble.
Target Units means the number of Performance Units with respect to the number of Shares reflected in this Agreement that you could receive if each of the applicable Performance Target levels is achieved for the Performance Period. The number of Target Units is set forth on the cover page of this Award Agreement.
Target Units means the issued and outstanding units in Target; zz) “Target Warrantholders” means the holders of Target Warrants;
Target Units means the aggregate number of Units awarded to a Participant under the Plan, as described in Section 5.2 of the Plan.