Common use of Performance Vesting Conditions Clause in Contracts

Performance Vesting Conditions. This Exhibit A contains the performance vesting conditions and methodology applicable to the PRSUs. Subject to the terms and conditions set forth in the Plan and the Agreement, the portion of the PRSUs subject to this Award, if any, that become vested during the Performance Period will be determined upon the Committee’s certification of achievement of the performance criteria in accordance with this Exhibit A, which shall occur within sixty (60) days following the end of the Performance Period (the “Certification Date”). Capitalized terms used but not defined herein shall have the same meaning as is ascribed thereto in the Agreement or the Plan.

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (Berry Corp (Bry)), Performance Based Restricted Stock Unit Award Agreement (Berry Corp (Bry))