Performance Period Contract Clauses (250)

Performance Period. For purposes of this Agreement, the term "Performance Period" shall be the period commencing on January 1, 2016 and ending on December 31, 2018.

Performance Period. The Performance Period for the Restricted Stock Units shall be the three (3) year period commencing on [__________] and ending on [__________].

Performance Period. Your payout under this Performance Stock Unit Award (the "Award") will depend on (i) the base award shown on your Award Agreement and (ii) the Company's, or applicable Segment's, performance during the three-year period beginning January 1, [2020] and ending December 31, [2022] (the "Performance Period").

Performance Period. The Performance Period shall commence on February 3, 2019 (the "Commencement Date") and, except as otherwise provided in these Terms and Conditions, will expire in full on January 29, 2022 (the "Performance Period"). For the sake of clarity, if a Change in Control occurs, the Performance Period will end on the date of a Change in Control and the Performance Units will convert to time-based restricted stock units in accordance with Section 4(c) below.

Performance Period. The performance period for Tranche 1 of the Performance Stock Unit Award is the period commencing December 26, 2016 and ending December 31, 2017 (the "First Performance Period"). The performance period for Tranche 2 of the Performance Stock Unit Award is the period commencing January 1, 2018 and ending December 30, 2018 (the "Second Performance Period"). The performance period for Tranche 3 of the Performance Stock Unit Award is the period commencing December 31, 2018 and ending December 29, 201...9 (the "Third Performance Period" and each of the First Performance Period, the Second Performance Period, and the Third Performance Period, a "Performance Period").4. Performance Stock Unit Award. (a) General. Each Tranche of Employee's Performance Stock Unit Award consists of one-third of the PSUs (Employee's yearly "Target Incentive"). Depending on the Company's satisfaction of the Performance Goals applicable to Employee's Target Incentive for a Performance Period, Employee's Target Incentive may be earned at target, below target, or above target. (b) Amount of Target Incentive Payable to Employee for each Performance Period. On or prior to the 90th day of each Performance Period, the Committee shall establish and communicate (i) the Performance Goal(s) and (ii) the payout range (e.g., from 0% to 200%) applicable to the Tranche of Employee's Performance Stock Unit Award for such Performance Period. (c) Payment of Performance Stock Unit Award. Subject to early termination of this Award Agreement pursuant to Section 6, the Company will issue to Employee shares of Stock representing the aggregate earned Performance Stock Unit Award for Tranche 1, Tranche 2, and Tranche 3, if any, based upon the extent of achievement of the Performance Goals established by the Committee in accordance with Section 4(b). Such issuance, if any, will be made by the Company after the completion of the Third Performance Period but by no later than March 15 of the year after the year in which the last day of the Third Performance Period occurs (the "Payment Date"). Neither dividends nor dividend equivalents will accrue or be paid on Employee's PSUs.5. Vesting; Termination of Employment. Except as set forth in this Section and in Section 6, Employee's Performance Stock Unit Award will remain unvested until the last day of the Third Performance Period and, in the event that Employee experiences a Termination of Employment prior to the last day of the Third Performance Period, this Award Agreement will terminate and be of no further force or effect as of the date of any such Termination of Employment. Notwithstanding the foregoing, in the event of Employee's death, Disability or Retirement (a "Vesting Event"), each Tranche will be payable at the time set forth in Section 4(c) as follows:(a) If the Vesting Event occurs after the completion of the Performance Period applicable to such Tranche, the number of shares of Stock earned with respect to such Tranche will be based on the extent to which the Performance Goals established under Section 4(b) with respect to such Performance Period have been achieved; and(b)If the Vesting Event occurs before completion of the Performance Period applicable to such Tranche, the number of shares of Stock earned with respect to such Tranche will be based upon the extent to which the Performance Goals established under Section 4(b) with respect to such Performance Period have been achieved as of the last day of such Performance Period, except that the number of shares of Stock earned will be pro-rated based on (i) the number of days which have elapsed during such Performance Period up to and including the day such Vesting Event occurs, divided by (ii) 365.For purposes of this Section, the term "Retirement" means the voluntary termination of employment by Employee from the Company when Employee's age plus years of service with the Company (in each case measured in complete, whole years) equals or exceeds 67, provided that at the date of termination Employee is at least 58 years of age and has completed at least five years of service with the Company. View More

Performance Period. Except as provided in Paragraphs 5 and 6, the "Performance Period" shall be the three-year period ending on the date set forth under "Restriction Period Ends" as provided in the foregoing Notice of Award. You may not sell, assign, transfer by gift or otherwise, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise, any of the shares of Restricted Stock prior to expiration of the Performance Period.

Performance Period. The Performance Period commences on January 1, 2020, and ends on December 31, 2022.

Performance Period. The Performance Period for this Award shall be the three-year period commencing on January 1, 20 and ending on December 31, 20 .

Performance Period. The "Performance Period" for purposes of determining the cash value shall be fiscal year 20 through and including fiscal year 20 .

Performance Period. PSP performance periods will be three years in duration, beginning on the first day of a Company fiscal year and ending on the last day of the third consecutive fiscal year thereafter. A new three-year performance period will start with each new fiscal year, such that there will be three overlapping PSP performance periods open at any given time, as illustrated below. The Committee may establish shorter performance periods as it determines are reasonable. Performance Share Plan Fiscal Years 2018... - 2020 November 2017 5.Performance Goals. The PSP has two performance goals: (a) average return on invested capital ("ROIC"); and (b) earnings per share ("EPS") (together referred to as "PSP Goals"). At the beginning of each performance period, the Board will: (c) establish minimum threshold, target, and maximum PSP Goals; (d) determine their respective weighting; and (e) correlate performance achievement levels to potential award levels for Participants. Such decisions will be recorded and communicated to Participants in an Award Table, in the form attached. Notwithstanding anything to the contrary contained herein, for Participants who are "covered employees" within the meaning of Section 162(m) of the Code, payment of awards under the Plan is expressly conditioned on achievement by the Company of a specified level of net earnings from continuing operations attributable to Esterline, as reported in the Company's consolidated financial statements, as determined by the Committee within the first ninety (90) days of the applicable performance period ("Umbrella Goal"), in which case the maximum number of shares of Company Stock available for issuance under a PSP award to each such Participant will be as determined by the Committee. View More