Performance Period 3 definition
Examples of Performance Period 3 in a sentence
Notwithstanding anything to the contrary contained in this Agreement, if Employee is employed by Employer on the last day of the Specified Term, Employee shall be eligible to receive a Performance Bonus in respect of Performance Period 3 notwithstanding any subsequent termination of Employee’s employment prior to the date of payment of such Performance Bonus.
On the Award Date, the Company grants to the Participant an Award subject to the terms and provisions of the Plan and this Award Agreement, including the following terms: Base Value: the Agreed Initial Value (as defined in the GMAC LLC Agreement) Award Percentage: [ %] Performance Period: 3 years The Participant shall not possess any incidents of ownership in any equity interests of the Company or GMAC in respect of the Award.
Whether and to what degree the Units are earned will be determined by the relationship between the Company’s total shareholder return performance relative to that of a benchmark index during three performance periods: Performance Period 1 will start on December 1, 2013 and end on November 30, 2014, Performance Period 2 will start on December 1, 2013 and end on November 30, 2015, and Performance Period 3 will start on December 1, 2013 and end on November 30, 2016 (each, a “Performance Period”).
Whether and to what degree the Units are earned will be determined by the relationship between the Company’s total shareholder return performance relative to that of a benchmark index during three performance periods: Performance Period 1 will start on December 1, 2018 and end on November 30, 2019, Performance Period 2 will start on December 1, 2018 and end on November 30, 2020, and Performance Period 3 will start on December 1, 2018 and end on November 30, 2021 (each, a “Performance Period”).
Performance Period 1: Grant Date through December 31, 2026 Performance Period 2: Grant Date through December 31, 2027 Performance Period 3: Grant Date through December 31, 2028 Performance Goals: Expense Synergy and Revenue Synergy.