Common use of Board Certification Clause in Contracts

Board Certification. Promptly after the Audit Committee of the Board approves the Company’s financial statements for the fiscal year in which the end of the Performance Cycle occurs, the Committee must determine and certify whether, and to what extent, the Performance Criteria have been achieved. If the minimum Performance Criteria of EBITDA CAGR has not been achieved during the Performance Cycle, no Performance Shares will be issued and this Agreement will be of no force or effect.

Board Certification. Promptly after the Audit Committee of the Board approves the Company’s financial statements for the fiscal year in which the end of the Performance Cycle occurs, the Committee must determine and certify whether, and to what extent, the Performance Criteria have been achieved. If the minimum Performance Criteria of EBITDA CAGR has not been achieved during the Performance Cycle, no Performance Shares the Award will not be issued paid to the Recipient and this Agreement will be of no force or effect.

Board Certification. Promptly after the Audit Committee of the Board approves the Company’s financial statements for the fiscal year in which the end of the Performance Cycle occurs, the Committee must determine and certify whether, and to what extent, the Performance Criteria have been achieved. If the minimum Performance Criteria of EBITDA CAGR has not been achieved during the Performance Cycle, no Performance Shares will be issued and this Agreement will be of no force or effect.