Number of PRSUs Earned Sample Clauses

Number of PRSUs Earned. The Committee will determine whether and to what extent the goals relating to the Management Objectives described herein have been satisfied for the Performance Period and will determine the number of PRSUs that will become earned hereunder and under the Agreement on the basis of the following:
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Number of PRSUs Earned. Following the Performance Period, the Committee shall determine whether and to what extent RTSR goals have been satisfied for the Performance Period and shall determine the number of PRSUs that shall become Vested hereunder and under the Agreement on the basis of the following, subject to Section 4 of this Statement of Management Objectives:
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Number of PRSUs Earned. Except as otherwise provided in the Agreement, the Committee will determine whether and to what extent the goals relating to the Management Objectives described herein have been satisfied for the Performance Period and will determine the number of PRSUs that will become earned hereunder and under the Agreement on the basis of the following: a) For each Average Share Price goal listed in the Performance Matrix above (an “Average Share Price Goal”), as of the first trading day during the Performance Period as of which the Average Share Price of a Common Share has equaled or exceeded such Average Share Price Goal in Column A for each day of a 20-Day Measurement Period, Grantee shall earn a number of the PRSUs (rounded up or down to the nearest whole PRSU) based on the corresponding Payout Percentage in Column B (without regard to whether the Average Share Price of a Common Share subsequently decreases after such 20-Day Measurement Period). There shall be no interpolation between the Average Share Price Goals. Subject specifically to Section 3(b) and Section 6(c) of the Agreement, at the conclusion of the Performance Period, the number of PRSUs earned will be determined using a single Payout Percentage based on the highest Average Share Price Goal achieved during the Performance Period. b) The target number of PRSUs (100%) will be earned if the Average Share Price Goal for the 100% Payout level in the Performance Matrix above is the highest level achieved as described in this Statement of Management Objectives and the Agreement, and the maximum number of PRSUs (200%) will be earned if the Average Share
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Number of PRSUs Earned. At the applicable time set forth in the Notice, the Committee shall determine whether and to what extent the Stock Price goals have been satisfied as of such time for the applicable Performance Period and shall determine the number of PRSUs that shall become Vested hereunder and under the Notice on the basis of the following (except that any PRSUs that have already become Vested as of such time shall be subtracted from the number so determined):
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Number of PRSUs Earned. All of the PRSUs are unearned, nonvested and forfeitable as of the Grant Date. Subject to the satisfaction of the time-based vesting conditions under 3(a)(ii) hereof, and except as set forth in Sections 3(b), 3(c) and 3(d) hereof, the number of PRSUs earned, if any, shall be determined as follows, provided, that the Participant remains continuously employed by the Company or its Subsidiaries during the Performance Period (as defined below): (A) The number of PRSUs earned, if any, shall be determined based on the Company’s achievement of targeted levels of the Company’s Annualized Stock Price Growth on an absolute basis and relative to the Peer Group Annualized Stock Price Growth as set forth on Exhibit A hereto for the period commencing on the Grant Date specified above and ending on the third anniversary thereof (the “Performance Period”). Exhibit A is attached hereto, incorporated in, and made a part of this Agreement. (B) The actual number of PRSUs earned shall be determined by the Committee after the end of the Performance Period in accordance with the terms of this Agreement. Any PRSUs that do not become earned shall be immediately forfeited, effective as of the last day of the Performance Period, without any further action of the Company whatsoever and without any consideration being paid therefor. (C) All determinations and interpretations relating to the Company’s achievement of the targeted levels of the Company’s Annualized Stock Price Growth shall be made by the Committee, and all determinations and interpretations made by the Committee in good faith shall be final and binding upon the Participant, the Company and all other interested persons.
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Related to Number of PRSUs Earned

  • Number of Stewards The Union may designate one (1), but no more than one (1), ▇▇▇▇▇▇▇ on each shift for each of the Employer's principal work areas from among those employees who work therein.

  • Limit on Number of Partners Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.

  • Adjustments to Number of Shares The number of shares of Common Stock subject to this Option shall be adjusted to take into account any stock splits, stock dividends, recapitalization of the Common Stock as provided in the Stock Option Plan.

  • Number of Hours enter the total number of hours worked during the report period by the Employees in the employment category. Amount Payable under the Contract: enter the total amount paid by the State to the State Contractor under the Contract, for work by the Employees in the employment category, for services provided during the report period.

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).