Performance Vesting Conditions. Subject to the terms and conditions of this Agreement and the 2017 Plan, the PSU Award shall vest and the PSUs will be converted into an equivalent number of Shares that will be delivered to Participant, subject to applicable withholding taxes, only upon the Committee’s determination, after completion of the Performance Period, of the level of achievement of the applicable Performance Goals identified in Exhibit A to this Agreement.
Appears in 2 contracts
Sources: Performance Restricted Stock Unit Award Agreement (NovaBay Pharmaceuticals, Inc.), Performance Restricted Stock Unit Award Agreement (NovaBay Pharmaceuticals, Inc.)
Performance Vesting Conditions. Subject to the terms and conditions of this Agreement and the 2017 Plan, the PSU Award shall vest and the PSUs will be converted into an equivalent a number of Shares that will be delivered to Participant, subject to applicable withholding taxes, only upon the Committee’s determination, after completion of the Performance Period, of equal to the level of achievement of the applicable Performance Goals identified in Exhibit A to this Agreement.
Appears in 1 contract
Sources: Performance Restricted Stock Unit Award Agreement (NovaBay Pharmaceuticals, Inc.)