Performance Goals Clause Example with 10 Variations from Business Contracts

This page contains Performance Goals clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Performance Goals. (a) The number of PSUs earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals in accordance with Exhibit A. All determinations of whether Performance Goals have been achieved, the number of PSUs earned by the Grantee, and all other matters related to this paragraph 3 shall be made by the Committee in its sole discretion. (b) Promptly following completion of the Performance Period, the Com...mittee will review and certify in writing (a) whether, and to what extent, the Performance Goals for the Performance Period have been achieved, and (b) the number of PSUs that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph 4. Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More

Variations of a "Performance Goals" Clause from Business Contracts

Performance Goals. (a) The number of PSUs Units earned by the Grantee for the Performance Period Period, if any, will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals performance goals described in accordance with Exhibit Appendix A. All determinations of whether Performance Goals performance goals have been achieved, the number of PSUs Units earned by the Grantee, and all other matters related to this paragraph 3 matters, shall be made by the Committee ...in its sole discretion. (b) Promptly No later than ____ __ immediately following completion the end of the Performance Period, Period (the "Vesting Date"), the Committee will review and certify determine in writing (a) (i) whether, and to what extent, the Performance Goals performance goals for the Performance Period have been achieved, and (b) (ii) the number of PSUs Units that the Grantee shall earn, has earned, if any, subject to compliance with the requirements of paragraph Paragraph 4. Such certification determination shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More
Performance Goals. (a) The number of PSUs earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals performance goals described on and determined in accordance with the attached Exhibit A. All determinations of whether Performance Goals and the extent to which the performance goals have been achieved, the number of PSUs earned by the Grantee, and all other matters related to this paragraph Section 3 shall be m...ade by the Committee in its sole discretion. (b) Promptly following completion of the Performance Period, Period (and no later than 60 days following the end of the Performance Period), the Committee will review and certify in writing (a) (1) whether, and to what extent, the Performance Goals performance goals for the Performance Period have been achieved, and (b) (2) the number of PSUs that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph Section 4. Such certification shall be final, conclusive conclusive, and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. 1 The Target Award represents an X-Multiple of 1X. I.e., the number of shares actually issuable pursuant to this Agreement could be twice the Target Award. 2 Insert 200% of Target Award. 1 4. Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in this Agreement, the PSUs will vest and become non-forfeitable on the last day of the Performance Period, subject to (a) the achievement of the minimum threshold performance goals for payout set forth in the attached Exhibit A, and (b) there being no termination of Grantee's employment (as determined pursuant to Section 7.2 of the Plan) from the Grant Date through the last day of the Performance Period. The number of PSUs that vest and become payable under this Agreement shall be determined by the Committee based on the level of achievement of the performance goals set forth on the attached Exhibit A and shall be rounded to the nearest whole PSU. View More
Performance Goals. (a) 3.1 The number of PSUs Performance Units earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals with respect to each Performance Measure in accordance with Exhibit A. I. All determinations of whether a Performance Goals have Goal has been achieved, the number of PSUs Performance Units earned by the Grantee, and all other matters related to this paragraph Section 3 shall be made by the... Committee in its sole discretion. (b) 3.2 Promptly following completion of the Performance Period, Period (and no later than sixty (60) days following the end of the Performance Period) the Committee will review and certify in writing (a) whether, and to what extent, the each Performance Goals Goal for the Performance Period have has been achieved, achieved and (b) the number of PSUs Performance Units that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph Section 4 of this Agreement. Such certification shall be final, conclusive and binding on the Grantee, and on for all other persons, to the maximum extent permitted by law. View More
Performance Goals. (a) 3.1 The number of PSUs earned by the Grantee Participant for the a Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals Goal(s) in accordance with Exhibit A. All determinations of whether Performance Goals Goal(s) have been achieved, the number of PSUs earned by the Grantee, Participant, and all other matters related to this paragraph Section 3 shall be made by the Committee in its sole discretion. (b) 3.2 Promp...tly following completion of a Performance Period (and no later than thirty (30) days following the end of the Performance Period, Period), the Committee will review and certify in writing (a) whether, and to what extent, the Performance Goals Goal(s) for the Performance Period have been achieved, and (b) the number of PSUs that the Grantee Participant shall earn, if any, subject to compliance with the requirements of paragraph Section 4. Such certification shall be final, conclusive and binding on the Grantee, Participant, and on all other persons, Persons, to the maximum extent permitted by law. View More
Performance Goals. (a) The number of PSUs earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals performance goals described on and determined in accordance with the attached Exhibit A. All determinations of whether Performance Goals and the extent to which the performance goals have been achieved, the number of PSUs earned by the Grantee, and all other matters related to this paragraph Section 3 shall be m...ade by the Committee in its sole discretion. 1 (b) Promptly following completion of the Performance Period, Period (and no later than 60 days following the end of the Performance Period), the Committee will review and certify in writing (a) (1) whether, and to what extent, the Performance Goals performance goals for the Performance Period have been achieved, and (b) (2) the number of PSUs that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph Section 4. Such certification shall be final, conclusive conclusive, and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. ‌ 4. Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in this Agreement, the PSUs will vest and become non-forfeitable on the last day of the Performance Period, subject to (a) the achievement of the minimum threshold performance goals for payout set forth in the attached Exhibit A, (b) the certification of the performance results for the PSUs by the Committee, and (c) there being no termination of Grantee's employment (as determined pursuant to Section 7.2 of the Plan) from the Grant Date through the last day of the Performance Period. The number of PSUs that vest and become payable under this Agreement shall be determined by the Committee based on the level of achievement of the performance goals set forth on the attached Exhibit A and shall be rounded to the nearest whole PSU. View More
Performance Goals. (a) 4.1 The number of PSUs POs earned by the Grantee for the a Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals in accordance with Exhibit A. A hereto. All determinations of whether Performance Goals have been achieved, the number of PSUs POs earned by the Grantee, and all other matters related to this paragraph 3 Section 4 shall be made by the Committee in its sole discretion. (b) 4.2 Promptly following complet...ion of a Performance Period (and no later than forty-five (45) days following the end of such Performance Period, Period), the Committee will review and certify in writing (a) whether, and to what extent, the Performance Goals for the Performance Period have been achieved, and (b) the number of PSUs POs that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph 4. Section 5. Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More
Performance Goals. (a) A. The number of PSUs Shares of Performance-Based Restricted Stock earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals in accordance with Exhibit A. All determinations of whether Performance Goals have been achieved, the number of PSUs Shares earned by the Grantee, and all other matters related to this paragraph 3 Section 5 shall be made by the Committee in its sole discretion. (b)... B. Promptly following completion of the Performance Period, Period (and no later than forty-five (45) days following the end of the Performance Period), the Committee will review and certify in writing (a) whether, and to what extent, the Performance Goals for the Performance Period have been achieved, and (b) the number of PSUs Shares that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph 4. Section 6. Such certification shall be final, conclusive conclusive, and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More
Performance Goals. (a) The number of PSUs earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals in accordance with Exhibit A. I. All determinations of whether Performance Goals have been achieved, the number of PSUs earned by the Grantee, and all other matters related to this paragraph Section 3 shall be made by the Committee independent compensation forum of the Board of Directors of the Company (the "Ind...ependent Compensation Forum") in its sole discretion. (b) Promptly following completion of the Performance Period, the Committee will review and certify in writing (a) (i) whether, and to what extent, the Performance Goals Goal(s) for the Performance Period have been achieved, and (b) (ii) the number of PSUs that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph Section 4 of this Agreement. Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More
Performance Goals. (a) The number of PSUs Performance Shares earned by the Grantee for the Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals in accordance with Exhibit A. All determinations of whether Performance Goals have been achieved, achieved and the number of PSUs Performance Shares earned by the Grantee, and all other matters related to this paragraph 3 Grantee shall be made by the Committee in its sole discretion. (b) Promp...tly following completion of the Performance Period, Period (and no later than March 15 of the year following the last day of the Performance Period), the Committee will review and certify in writing (a) whether, and to what extent, the Performance Goals for the Performance Period have been achieved, and (b) the number of PSUs Performance Shares that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph Section 4. Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More
Performance Goals. (a) 4.1 The number of PSUs earned by the Grantee for the a Performance Period will be determined at the end of the Performance Period based on the level of achievement of the Performance Goals in accordance with Exhibit A. A hereto. All determinations of whether Performance Goals have been achieved, the number of PSUs earned by the Grantee, and all other matters related to this paragraph 3 Section 4 shall be made by the Committee in its sole discretion. (b) 4.2 Promptly following completion of a... Performance Period (and no later than thirty (30) days following the end of such Performance Period, Period), the Committee will review and certify in writing (a) whether, and to what extent, the Performance Goals for the Performance Period have been achieved, and (b) the number of PSUs that the Grantee shall earn, if any, subject to compliance with the requirements of paragraph 4. Section 5. Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law. View More