Determination of Actual Performance Shares. The Actual Performance Shares which may be earned and vested by Participant shall equal (a) the number of Target Performance Shares, multiplied by (b) the Earnout Percentage, as determined under this Section 2.
Appears in 4 contracts
Sources: Performance Share Award Agreement (Independent Bank Corp /Mi/), Performance Share Award Agreement (Independent Bank Corp /Mi/), Performance Share Award Agreement (Independent Bank Corp /Mi/)
Determination of Actual Performance Shares. The Actual Performance Shares which may be earned and vested by Participant shall equal (a) the number of Target Performance Shares, multiplied by (b) the Earnout Percentage, as determined under this Section 2.. β
Appears in 1 contract
Sources: Performance Share Award Agreement (Ufp Industries Inc)