Number of RTSR PSUs Earned Clause Samples

Number of RTSR PSUs Earned. Following the Performance Period, on the Determination Date, the Committee shall determine whether and to what extent the RTSR performance goal has been satisfied for the Performance Period and shall determine the number of RTSR PSUs that shall become nonforfeitable hereunder and under the Agreement on the basis of the following:
View SourceView Similar (6)
Number of RTSR PSUs Earned. Following the Performance Period, on the Committee Determination Date, the Committee shall determine whether and to what extent the RTSR goal has been satisfied for the Performance Period and shall determine the number of RTSR PSUs that shall become vested hereunder and under the Agreement on the basis of the table set forth in Section 4. Notwithstanding anything herein to the contrary, (i) if a member of the Peer Group files for bankruptcy and/or liquidation, is operating under bankruptcy protection, or is delisted from its primary stock exchange because it fails to meet the exchange listing requirement, then such entity will be removed from the Peer Group; (ii) if, as of the last date of the Performance Period, a member of the Peer Group no longer exists as a business entity for any reason other than under subsection (iii) below, then such entity will be removed from the Peer Group; and (iii) for purposes of this Statement of Performance Metrics, for each of the members of the Peer Group, such entity shall be deemed to include any successor to all or substantially all of the primary business of such entity, whether or not the same legal entity, at end of the Performance Period. Further, the Committee may in its discretion modify the Peer Group during the Performance Period, as the Committee deems appropriate and equitable, by adding members to, or removing members from, the Peer Group. To the extent an entity is removed from or added to the Peer Group as described in the foregoing paragraph, the number of RTSR PSUs that shall become vested hereunder and under the Agreement will be determined on the basis of the Peer Group as constituted after such modification. By way of example, the RTSR Performance Matrix will be modified as follows in the event that the Peer Group has 9 or 11 members, as applicable.
View SourceView Similar (2)

Related to Number of RTSR PSUs Earned

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit G), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Performance Measurement The Uniform Guidance requires completion of OMB-approved standard information collection forms (the PPR). The form focuses on outcomes, as related to the Federal Award Performance Goals that awarding Federal agencies are required to detail in the Awards.

  • Performance Factors (a) Each party will notify the other party of the existence of a Performance Factor, as soon as reasonably possible after the party becomes aware of the Performance Factor. The Notice will: describe the Performance Factor and its actual or anticipated impact; include a description of any action the party is undertaking, or plans to undertake, to remedy or mitigate the Performance Factor; indicate whether the party is requesting a meeting to discuss the Performance Factor; and address any other issue or matter the party wishes to raise with the other party. (b) The recipient party will provide a written acknowledgment of receipt of the Notice within 7 Days of the date on which the Notice was received (“Date of the Notice”). (c) Where a meeting has been requested under paragraph 7.2(a)(3), the parties agree to meet and discuss the Performance Factors within 14 Days of the Date of the Notice, in accordance with the provisions of section 7.3.