Stock Price Performance Sample Clauses

Stock Price Performance. The number of the Performance Shares to vest hereunder is subject to certain performance standards as outlined in Exhibit B hereto. Any Performance Shares that do not vest shall be forfeited to the Company.
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Stock Price Performance. A total of up to 2,930,693 PubCo Ordinary Shares (the “Tranche 1 Earnout Shares”) shall be issued (as fully paid and non-assessable, and free and clear of all encumbrances) to the Shareholders if the relevant condition(s) in subparagraph(s) (a)(i), (a)(ii) and/or (a)(iii) is/are fulfilled (each such condition, a “Tranche 1 Earnout Condition”): (i) if the VWAP is equal to or greater than $12.50 per share for any 20 out of 30 consecutive trading days within three years after the Closing Date, PubCo shall issue to the Shareholders 1,099,010 PubCo Ordinary Shares; (ii) if the VWAP is equal to or greater than $15.00 per share for any 20 out of 30 consecutive trading days within three years after the Closing Date, in addition to the issuance of the Tranche 1 Earnout Shares set forth in subparagraph (a)(i) above, PubCo shall issue to the Shareholders 1,099,010 PubCo Ordinary Shares; and (iii) if the VWAP is equal to or greater than $17.50 per share for any 20 out of 30 consecutive trading days within three years after the Closing Date, in addition to the issuance of the Tranche 1 Earnout Shares set forth in subparagraphs (a)(i) and (a)(ii) above, PubCo shall issue to the Shareholders 732,673 PubCo Ordinary Shares, in the case of each of subparagraphs (a)(i) to (a)(iii) above, the Tranche 1 Earnout Shares shall be issued and delivered to, and allocated among, the Shareholders based on their respective Shareholding Percentage within twenty Business Days of the fulfillment of the relevant Tranche 1 Earnout Condition; provided that any and all Tranche 1 Earnout Shares to be issued to any Shareholder shall be PubCo Class A Ordinary Shares; provided, further, that no Shareholder shall be entitled to receive the Tranche 1 Earnout Shares for more than once as a result of fulfillment of the same Tranche 1 Earnout Condition.
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Stock Price Performance. Subject to Sections (2), (3) and (4) below, the Award shall Vest as follows: a) In the event that the Stock Price Target is first achieved in [_______], the Award shall Vest with respect to [_______] of the Total Shares on [_______], subject to and conditioned upon Holder’s continued Service through the applicable Vesting Date. b) In the event that the Stock Price Target is not achieved in [_______] but is first achieved in [_______], the Award shall Vest with respect to [_______] of the Total Shares on [_______] and with respect to [_______] of the Total Shares on [_______], in each case, subject to and conditioned upon Holder’s continued Service through the applicable Vesting Date. c) In the event that the Stock Price Target is not achieved in [_______], but is first achieved in [_______], the Award shall Vest with respect to [_______] of the Total Shares on [_______], subject to and conditioned upon Holder’s continued Service through the applicable Vesting Date.
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Related to Stock Price Performance

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit G), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • EVALUATING PERFORMANCE 7.1 The Performance Plan (Annexure A) to this Agreement sets out: 7.1.1 the standards and procedures for evaluating the Employee’s perfor- ▇▇▇▇▇; and 7.1.2 the intervals for the evaluation of the Employee’s performance. 7.2 Despite the establishment of agreed intervals for evaluation, the Employer may in addition review the Employee’s performance at any stage while the contract of employment remains in force. 7.3 Personal growth and development needs identified during any performance review discussion must be documented in a Personal Development Plan as well as the actions agreed to and implementation must take place within set time frames. 7.4 The Employee’s performance will measured in terms of contributions to the goals and strategies set out in the Employer’s IDP. 7.5 The annual performance appraisal will involve: 7.5.1. Assessment of the achievement of results as outlined in the perfor- ▇▇▇▇▇ plan: (a) Each KPA should be assessed according to the extent to which the specified standards or performance indicators have been met and with due regard to ad hoc tasks that had to be performed under the KPA. (b) An indicative rating on the five-point scale should be provided for each KPA. (c) The applicable assessment rating calculator (refer to paragraph 7.5.3. below) must then be used to add the scores and calculate a final KPA score.

  • Continuing Performance In the event of a dispute, the Owner and the Developer agree to continue their respective performance hereunder to the extent feasible in light of the dispute, including paying ▇▇▇▇▇▇▇▇, and such continuation of efforts and payment of ▇▇▇▇▇▇▇▇ shall not be construed as a waiver of any legal right.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Covenants of Performance Measurement No interference. Registry Operator shall not interfere with measurement Probes, including any form of preferential treatment of the requests for the monitored services. Registry Operator shall respond to the measurement tests described in this Specification as it would to any other request from an Internet user (for DNS and RDDS) or registrar (for EPP). ICANN testing registrar. Registry Operator agrees that ICANN will have a testing registrar used for purposes of measuring the SLRs described above. Registry Operator agrees to not provide any differentiated treatment for the testing registrar other than no billing of the transactions. ICANN shall not use the registrar for registering domain names (or other registry objects) for itself or others, except for the purposes of verifying contractual compliance with the conditions described in this Agreement. PUBLIC INTEREST COMMITMENTS Registry Operator will use only ICANN accredited registrars that are party to the Registrar Accreditation Agreement approved by the ICANN Board of Directors on 27 June 2013 in registering domain names. A list of such registrars shall be maintained by ICANN on ICANN’s website. (Intentionally omitted. Registry Operator has not included commitments, statements of intent or business plans provided for in its application to ICANN for the TLD.) Registry Operator agrees to perform the following specific public interest commitments, which commitments shall be enforceable by ICANN and through the Public Interest Commitment Dispute Resolution Process established by ICANN (posted at ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/en/resources/registries/picdrp), which may be revised in immaterial respects by ICANN from time to time (the “PICDRP”). Registry Operator shall comply with the PICDRP. Registry Operator agrees to implement and adhere to any remedies ICANN imposes (which may include any reasonable remedy, including for the avoidance of doubt, the termination of the Registry Agreement pursuant to Section 4.3(e) of the Agreement) following a determination by any PICDRP panel and to be bound by any such determination. Registry Operator will include a provision in its Registry-Registrar Agreement that requires Registrars to include in their Registration Agreements a provision prohibiting Registered Name Holders from distributing malware, abusively operating botnets, phishing, piracy, trademark or copyright infringement, fraudulent or deceptive practices, counterfeiting or otherwise engaging in activity contrary to applicable law, and providing (consistent with applicable law and any related procedures) consequences for such activities including suspension of the domain name. Registry Operator will periodically conduct a technical analysis to assess whether domains in the TLD are being used to perpetrate security threats, such as pharming, phishing, malware, and botnets. Registry Operator will maintain statistical reports on the number of security threats identified and the actions taken as a result of the periodic security checks. Registry Operator will maintain these reports for the term of the Agreement unless a shorter period is required by law or approved by ICANN, and will provide them to ICANN upon request. Registry Operator will operate the TLD in a transparent manner consistent with general principles of openness and non-discrimination by establishing, publishing and adhering to clear registration policies.