Common use of Performance Share Number Not Guaranteed Clause in Contracts

Performance Share Number Not Guaranteed. If Relative TSR is less than 30% or Enterprise Revenue CAGR is less than 1.0%, the respective portion of your Performance Share Number will be 0 and there will be no Shares issued under that portion of your Performance Share Award. The Committee shall have sole discretion to determine Relative TSR and Enterprise Revenue.

Appears in 4 contracts

Sources: Long Term Incentive Program Award Agreement (Best Buy Co Inc), Long Term Incentive Program Award Agreement (Best Buy Co Inc), Long Term Incentive Program Award Agreement (Best Buy Co Inc)

Performance Share Number Not Guaranteed. If Relative TSR is less than 30% Threshold TSR or Enterprise Revenue Operating Income CAGR is less than 1.0%Threshold Enterprise Operating Income CAGR, the respective portion of your Performance Share Number will be 0 and there will be no Shares issued under that portion of your Performance Share Award. The Committee shall have sole discretion to determine Relative TSR and Enterprise Revenue.Operating Income. 

Appears in 2 contracts

Sources: Long Term Incentive Program Award Agreement (Best Buy Co Inc), Long Term Incentive Program Award Agreement (Best Buy Co Inc)

Performance Share Number Not Guaranteed. If Relative TSR is less than 30% Threshold TSR or Enterprise Revenue CAGR is less than 1.0%, Threshold Enterprise Revenue CAGR the respective portion of 3 your Performance Share Number will be 0 and there will be no Shares issued under that portion of your Performance Share Award. The Committee shall have sole discretion to determine Relative TSR and Enterprise Revenue.. 

Appears in 2 contracts

Sources: Long Term Incentive Program Award Agreement (Best Buy Co Inc), Long Term Incentive Program Award Agreement (Best Buy Co Inc)

Performance Share Number Not Guaranteed. If Relative TSR is less than 30% Threshold TSR or Enterprise Revenue CAGR is less than 1.0%, Threshold Enterprise Revenue CAGR the respective portion of your Performance Share Number will be 0 and there will be no Shares issued under that portion of your Performance Share Award. The Committee shall have sole discretion to determine Relative TSR and Enterprise Revenue.3

Appears in 1 contract

Sources: Long Term Incentive Program Award Agreement (Best Buy Co Inc)