Common use of Performance Targets Clause in Contracts

Performance Targets. The Listed Company shall have generated a consolidated net income of (i) at least 120% of the audited consolidated net profit of the fiscal year ended December 31, 2009, for the fiscal year commencing from January 1, 2010 to December 31, 2010 (the “2010 Income”); (ii) at 120% of the audited consolidated net profit of the fiscal year ending December 31, 2010, for a fiscal year commencing from January 1, 2011 to December 31, 2011 (the “2011 Income”). The Option Effective Date for each performance period shall be that date that is forty five (45) days following the last day of each such performance period. Transferee ID Card Number Number of Option Shares Exercise Price WANG HONG 王宏 142401197502082716 120 US$120

Appears in 4 contracts

Sources: Share Transfer Agreement (Deyu Agriculture Corp.), Share Transfer Agreement (Deyu Agriculture Corp.), Share Transfer Agreement (Deyu Agriculture Corp.)

Performance Targets. The Listed Company shall have generated a consolidated net income of (i) at least 120% of the audited consolidated net profit of the fiscal year ended December 31, 2009, for the fiscal year commencing from January 1, 2010 to December 31, 2010 (the “2010 Income”); (ii) at 120% of the audited consolidated net profit of the fiscal year ending December 31, 2010, for a fiscal year commencing from January 1, 2011 to December 31, 2011 (the “2011 Income”). The Option Effective Date for each performance period shall be that date that is forty five (45) days following the last day of each such performance period. Transferee ID Card Number Number of Option Shares Exercise Price WANG HONG 王宏 142401197502082716 120 REN Yongqing 任永青 14240119811206551X 200 US$120200

Appears in 4 contracts

Sources: Share Transfer Agreement (Deyu Agriculture Corp.), Share Transfer Agreement (Deyu Agriculture Corp.), Share Transfer Agreement (Deyu Agriculture Corp.)

Performance Targets. The Listed Company shall have generated a consolidated net income of (i) at least 120% of the audited consolidated net profit of the fiscal year ended December 31, 2009, for the fiscal year commencing from January 1, 2010 to December 31, 2010 (the “2010 Income”); (ii) at 120% of the audited consolidated net profit of the fiscal year ending December 31, 2010, for a fiscal year commencing from January 1, 2011 to December 31, 2011 (the “2011 Income”). The Option Effective Date for each performance period shall be that date that is forty five (45) days following the last day of each such performance period. Transferee ID Card Number Number of Option Shares Exercise Price WANG HONG 王宏 142401197502082716 120 ZHANG Jun De 张俊德 14240119711122481X 200 US$120200

Appears in 4 contracts

Sources: Share Transfer Agreement (Deyu Agriculture Corp.), Share Transfer Agreement (Deyu Agriculture Corp.), Share Transfer Agreement (Deyu Agriculture Corp.)