Performance Goals and Vesting. The SPUs granted hereunder shall become Vested only if (i) the Strategic Performance goals set forth in the Performance Schedule attached hereto are achieved at the end of the Performance Period and (ii) you have not incurred a Termination of Service prior to the end of the Performance Period, except as provided in Paragraph 3 below. To the extent the Strategic Performance goals are not achieved, the SPUs shall be forfeited automatically at the end of the Performance Period without payment.
Appears in 3 contracts
Sources: Strategic Performance Unit Grant Agreement (DCP Midstream, LP), Strategic Performance Unit Grant Agreement (DCP Midstream, LP), Strategic Performance Unit Grant Agreement (DCP Midstream, LP)