Designated Period Clause Samples

Designated Period. The Designated Period under the SERP Plan Section 10.1 and the 409A SERP Plan is three (3) years.

Designated Period. Pursuant to Section 4 of the Plan, the Employee may exercise the Rights awarded under this Award Agreement at any time or times during a period of time commencing on the Award Date and ending on [Date of End of Period] (hereinafter the "Designated Period"). The Employee may exercise any or all of his Rights on any given day or days during the Designated Period and any such day or days shall be known as an Exercise Date. The amount of the award paid to the Employee on such Exercise Date by the Company shall be calculated pursuant to Section 3 of this Award Agreement and pursuant to the other applicable terms and conditions of this Award Agreement and the Plan. Immediately after the expiration of the Designated Period, all Rights hereunder which have not been exercised shall be forfeited, and the Employee (and his beneficiaries, if applicable) shall thereafter have no rights or entitlement with respect to such forfeited Rights.

Designated Period. The period during which employees must retire under the ERIP will begin as soon as practical after approval of the ERIP resolution by the CRA/LA Board of Commissioners and the Los Angeles City Council. The designated period will continue for at least 90 days or until December 17, 2010, whichever is later.

Designated Period. If any PRSUs vest as provided above as a result of the Company’s performance with respect to the First Designated Period, then the right to earn all the PRSUs that weren’t earned in the First Designated Period will terminate and the Second Designated Period will no longer be relevant (but these unvested RSUs may be converted into RSUs upon a Change of Control during the Second Designated Period as provided in Section 5 of the Agreement). However, if no PRSUs vested pursuant to the prior paragraph then 50% of the total PRSUs subject to the Agreement will no longer be subject to vesting based on performance (subject to conversion into RSUs as described above in the event of a Change of Control) and the remaining 50% of the PRSUs will remain available for vesting based on the Company’s performance in the Second Designated Period (with such PRSUs carried over and available referred to as the “Second Period PRSUs”). If the Company’s highest Adjusted EBITDA in any Four Quarter Period during the Second Designated Period is: less than $600 million, then no PRSUs would vest; equal to $600 million then 66% of the Second Period PRSUs (or 33% of the original Target Shares) will be vested and the rest will be forfeited; equal to or greater than $650 million then 100% of the Second Period PRSUs (or 50% of the original Target Shares) will be vested; and between $600 million and $650 million then a prorated portion will be vested and the rest will be forfeited.

Designated Period. If the Company’s highest Adjusted EBITDA in any Four Quarter Period during the First Designated Period is: less than $600 million, then no PRSUs would vest, but a portion may vest based on the Company’s performance in the Second Designated Period as described below; equal to $600 million then 66% of the PRSUs will be vested and the right to earn the rest based on performance will terminate (but the rest may be converted into RSUs upon a Change of Control as provided in Section 5 of the Agreement); equal to or greater than $650 million then all of the PRSUs will be vested; and between $600 million and $650 million then a prorated portion will be vested and the right to earn the rest based on performance will terminate, but the rest may be converted into RSUs upon a Change of Control as provided in Section 5 of the Agreement. Second

Designated Period