Plan and Company Information Contract Clauses (23)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Plan and Company Information clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Plan and Company Information. Grantee may access important information about the Company and the Plan through the Company's Knowledge Center and website. Copies of the Plan and Plan Prospectus can be found by logging into the Fidelity NetBenefits website, which can be found at www.netbenefits.fidelity.com, and clicking on the "Stock Plans" tab and then "EQT Performance Awards" and "Plan Information and Documents." Copies of the Company's most recent Annual Report on Form 10-K and Proxy Statement can be found at www.eqt.com b...y clicking on the "Investors" link on the main page and then "SEC Filings." Paper copies of such documents are available upon request made to the Company's Corporate Secretary. EXHIBIT A Determination and Vesting of Performance Awards The target number of Performance Awards subject to this Award is described in the 2014 Value Driver Performance Award Agreement to which this Exhibit A is attached (the "Target Award"). Grantee may earn and vest in 0% to 300% of the Target Award, depending on (i) the Company's achievement of a minimum level of EBITDA for 2014, (ii) the Committee's determination of the Performance Multiplier, taking into consideration certain financial performance measures and value drivers and individual performance on value drivers, and (iii) Grantee's continued employment through the applicable Vesting Date(s), as follows: 1. Between December 31, 2014 and March 1, 2015 (i.e., on the Confirmation Date), the Committee shall determine and certify the Company's 2014 EBITDA and the Performance Multiplier applicable to this Award: •If 2014 EBITDA is less than the Company's 2014 business plan EBITDA (excluding the portion of the Company's 2014 business plan EBITDA attributable to the Company's Distribution segment), the Performance Multiplier shall be 0% and the entire Award will be forfeited without further consideration or any act or action by Grantee. •If 2014 EBITDA is equal to the Company's 2014 business plan EBITDA (excluding the portion of the Company's 2014 business plan EBITDA attributable to the Company's Distribution segment) or above, the Performance Multiplier will be 300%, subject to the Committee's discretion to determine that a lower Performance Multiplier shall apply to this Award. In exercising such discretion, the Committee shall consider and be guided by the following considerations: (i) the financial performance measures and value drivers of the applicable short-term incentive program of the Company for calendar year 2014, and (ii) if desired, Grantee's individual performance on his or her 2014 value drivers. Notwithstanding its certification of the Performance Multiplier on the Confirmation Date, the Committee may further reduce the Performance Multiplier at any time prior to December 31, 2015 in the event that any of the value driver results used to originally determine the Performance Multiplier are determined to be materially inaccurate, regardless of whether misconduct of any person was involved or whether the inaccuracy leads to a restatement of financial results. The Committee may choose not to reduce the Performance Multiplier based on the facts and circumstances or legal constraints. View More Arrow
Plan and Company Information. Grantee may access important information about the Company Company, the EQT Plan, and the EQM Plan through the Company's Knowledge Center and website. Copies of the EQT Plan, EQT Plan Prospectus, EQM Plan, and EQM Plan Prospectus can be found by logging into the Fidelity NetBenefits website, which can be found at www.netbenefits.fidelity.com, and clicking on the "Stock Plans" tab and then "EQT "EQM Performance Awards" and "Plan Information and Documents." Copies of the Company's most recent Annu...al Report on Form 10-K and Proxy Statement can be found at www.eqt.com by clicking on the "Investors" link on the main page and then "SEC Filings." Copies of EQM's most recent Annual Report on Form 10-K can be found at www.eqtmidstreampartners.com by clicking on the "Investors" link on the main page and then "SEC Filings." Paper copies of such documents are available upon request made to the Company's or EQM's Corporate Secretary. Secretary, as appropriate. -7- EXHIBIT A Determination and Vesting of Performance Awards The target number of Performance Awards subject to this Award is described in the 2014 EQM Value Driver Performance Award Agreement to which this Exhibit A is attached (the "Target Award"). Grantee may earn and vest in 0% to 300% of the Target Award, depending on (i) the Company's EQM's achievement of a minimum level of EBITDA for 2014, (ii) the EQT Compensation Committee's determination of the Performance Multiplier, taking into consideration certain financial performance measures and value drivers and individual performance on value drivers, and (iii) Grantee's continued employment through the applicable Vesting Date(s), as follows: 1. Between December 31, 2014 and March 1, 2015 (i.e., on the Confirmation Date), the EQT Compensation Committee shall determine and certify the Company's EQM's 2014 EBITDA and the Performance Multiplier applicable to this Award: •If (a)If 2014 EBITDA (as adjusted, if at all, in accordance with Section 2 below) is less than the Company's EQM's 2014 business plan EBITDA (excluding the portion of the Company's 2014 business plan EBITDA attributable to the Company's Distribution segment), EBITDA, the Performance Multiplier shall be 0% and the entire Award will be forfeited without further consideration or any act or action by Grantee. •If (b)If 2014 EBITDA (as adjusted, if at all, in accordance with Section 2 below) is equal to the Company's EQM's 2014 business plan EBITDA (excluding the portion of the Company's 2014 business plan EBITDA attributable to the Company's Distribution segment) or above, the Performance Multiplier will be 300%, subject to the EQT Compensation Committee's discretion to determine that a lower Performance Multiplier shall apply to this Award. In exercising such discretion, the EQT Compensation Committee shall consider and be guided by the following considerations: (i) the financial performance measures and value drivers of the applicable short-term incentive program of the Company for calendar year 2014, and (ii) if desired, Grantee's individual performance on his or her 2014 EQM-related value drivers. Notwithstanding its certification of the Performance Multiplier on the Confirmation Date, the EQT Compensation Committee may further reduce the Performance Multiplier at any time prior to December 31, 2015 in the event that any of the value driver results used to originally determine the Performance Multiplier are determined to be materially inaccurate, regardless of whether misconduct of any person was involved or whether the inaccuracy leads to a restatement of financial results. The EQT Compensation Committee may choose not to reduce the Performance Multiplier based on the facts and circumstances or legal constraints. (b)In the event any acquisition by EQM from the Company and/or any of its Affiliates included in EQM's 2014 business plan is not consummated in the month reflected in such business plan but is consummated on or prior to December 31, 2014, 2014 EBITDA may be adjusted upward or -8- downward to reflect the impact of the acceleration or delay of the closing date of such acquisition, as determined by the EQT Compensation Committee to be appropriate in its discretion. (c)In the event any acquisition by EQM from the Company and/or any of its Affiliates included in EQM's 2014 business plan is not consummated on or prior to December 31, 2014, 2014 EBITDA shall be adjusted to include the planned impact of such acquisition. View More Arrow
Plan and Company Information. Grantee may access important information about the Company and the Plan through the Company's Knowledge Center and website. Copies of the Plan and Plan Prospectus can be found by clicking on and logging into the Fidelity NetBenefits website, which can be found at www.netbenefits.fidelity.com, "Total Rewards" link on the main Knowledge Center page under "Human Resources Links," and then clicking on the "Stock Plans" tab and then "EQT Performance Awards" and "Plan Information and Documents." "Weal...th" tab. Copies of the Company's most recent Annual Report on Form 10-K and Proxy Statement can be found at www.eqt.com by clicking on the "Investors" link on the main page and then "SEC Filings." Paper copies of such documents are available upon request made to the Company's Corporate Secretary. EXHIBIT A Determination and Vesting of Performance Awards The target number of Performance Awards subject to this Award award is described in the 2014 2013 Value Driver Performance Award Agreement to which this Exhibit A is attached (the "Target Award"). Grantee may earn and vest in 0% to 300% of the Target Award, depending on (i) the Company's achievement of a minimum level of EBITDA for 2014, 2013, (ii) the Committee's determination of the Performance Multiplier, taking into consideration certain financial performance measures and value drivers and individual performance on value drivers, and (iii) Grantee's continued employment through the applicable Vesting Date(s), Date, as follows: 1. Between December 31, 2014 2013 and March 1, 2015 15, 2014 (i.e., on the Confirmation Date), the Committee shall determine and certify the Company's 2014 2013 EBITDA and the Performance Multiplier applicable to this Award: •If 2014 If 2013 EBITDA is less than the Company's 2014 2013 business plan EBITDA (excluding the portion of the Company's 2014 business plan EBITDA attributable to the Company's Distribution segment), EBITDA, the Performance Multiplier shall be 0% and the entire Award will be forfeited to the Company without further consideration or any act or action by Grantee. •If 2014 If 2013 EBITDA is equal to the Company's 2014 2013 business plan EBITDA (excluding the portion of the Company's 2014 business plan EBITDA attributable to the Company's Distribution segment) or above, the Performance Multiplier will be 300%, subject to the Committee's discretion to determine that a lower Performance Multiplier shall apply to this Award. In exercising such discretion, the Committee shall consider and be guided by the following considerations: (i) the financial performance measures and value drivers of the applicable short-term incentive program of the Company for calendar year 2014, 2013, and (ii) if desired, Grantee's individual performance on his or her 2014 2013 value drivers. Notwithstanding its certification of the Performance Multiplier on the Confirmation Date, the Committee may further reduce the Performance Multiplier at any time prior to December 31, 2015 2014 in the event that any of the value driver results used to originally determine the Performance Multiplier are determined to be materially inaccurate, regardless of whether misconduct of any person was involved or whether the inaccuracy leads to a restatement of financial results. The Committee may choose not to reduce the Performance Multiplier based on the facts and circumstances or legal constraints. Moreover, any Awards paid to participants hereunder shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Board or any committee of the Board, to the extent such policy is applicable to the Awards. View More Arrow
View Variations (3) Arrow