Common use of Earned Performance Shares Clause in Contracts

Earned Performance Shares. Whether and to what degree the Performance Shares subject to this Award will have been earned as of the Scheduled Vesting Date will be determined by whether and to what degree the Company has satisfied the applicable performance objective(s) for the performance period beginning on January 1, 2016 and ending on December 31, 2018 (the “Performance Period”) as set forth in Appendix A. Unearned Performance Shares are subject to forfeiture as provided in Section 7.

Earned Performance Shares. Whether and to what degree the Performance Shares subject to this Award will have been earned as of the Scheduled Vesting Date will be determined by whether and to what degree the Company has satisfied the applicable performance objective(s) for the performance period beginning on January 1, 2016 [ ] and ending on December 31, 2018 [ ] (the “Performance Period”) as set forth in Appendix A. Unearned Performance Shares are subject to forfeiture as provided in Section 7.