Common use of Performance Goal Clause in Contracts

Performance Goal. Performance Stock Units awarded hereunder shall become “Earned Units” based on the attainment of the Performance Goals during the Performance Period, both as set forth on Schedule A, provided that the Participant remains continuously employed by the Company or a Subsidiary throughout the Performance Period, except as otherwise provided in Section 4 hereof. Any Performance Stock Units which do not become Earned Units shall be forfeited.

Appears in 7 contracts

Sources: Three Year Performance Stock Unit Award Agreement (Carpenter Technology Corp), Three Year Performance Stock Unit Award Agreement (Carpenter Technology Corp), Three Year Performance Stock Unit Award Agreement (Carpenter Technology Corp)

Performance Goal. Performance Stock Units awarded hereunder shall become Earned Units” Units based on the attainment of the Performance Goals during the Performance Period, both as set forth on Schedule A, provided that the Participant remains continuously employed by the Company or a Subsidiary throughout the Performance Period, except as otherwise provided in Section 4 5 hereof. Any Performance Stock Units which do not become Earned Units shall be forfeited.

Appears in 3 contracts

Sources: Performance Stock Unit Award Agreement (Carpenter Technology Corp), Stock Based Incentive Compensation Agreement (Carpenter Technology Corp), One Year Performance Stock Unit Award Agreement (Carpenter Technology Corp)

Performance Goal. Performance Stock Units awarded hereunder shall become Earned Units” Units based on the attainment of the Performance Goals during the Performance Period, both as set forth on Schedule A, provided that the Participant remains continuously employed by the Company or a Subsidiary throughout the Performance Period, except as otherwise provided in Section 4 hereof. Any Performance Stock Units which do not become Earned Units shall be forfeited.

Appears in 2 contracts

Sources: Performance Stock Unit Award Agreement (Carpenter Technology Corp), Three Year Performance Stock Unit Award Agreement (Carpenter Technology Corp)

Performance Goal. Performance Stock Units awarded hereunder shall become “Earned Units” based on the attainment of the Performance Goals during the Performance Period, both as set forth on Schedule A, provided that the Participant remains continuously employed by the Company or a Subsidiary throughout the Performance Period, except as otherwise provided in Section 4 5 hereof. Any Performance Stock Units which do not become Earned Units shall be forfeited.

Appears in 2 contracts

Sources: Performance Stock Unit Award Agreement (Carpenter Technology Corp), Performance Stock Unit Award Agreement (Carpenter Technology Corp)

Performance Goal. Performance Stock Units awarded hereunder shall become Earned Units” Units based on the attainment of the Performance Goals during the Performance Period, both as set forth on Schedule A, provided that the Participant remains continuously employed by the Company or a Subsidiary its Subsidiaries throughout the Performance Period, except as otherwise provided in Section 4 5 hereof. Any Performance Stock Units which that do not become Earned Units shall be forfeited.

Appears in 1 contract

Sources: Performance Stock Unit Award Agreement (Carpenter Technology Corp)