Performance Period II definition

Performance Period II shall be deemed to begin on January 1, 2018 and end on December 31, 2018 (the “Performance Period II Determination Date”, and (c) “Performance Period III” shall be deemed to begin on January 1, 2019 and end on December 31, 2019 (the “Performance Period III Determination Date”). For purposes of this Agreement, each of Performance Period I, Performance Period II and Performance Period III shall be considered a “Performance Period”, and each of Performance Period I Determination Date, Performance Period II Determination Date and Performance Period III Determination Date shall be considered a “Determination Date”. It is understood that the Earned RSU’s are also subject to a three year time-based vesting requirement that begins on the Effective Date, as described in paragraph 3 below.
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Performance Period II shall be deemed to begin on the Effective Date and end on _____________ (the “ Performance Period II Determination Date ”, and (c) “ Performance Period III ” shall be deemed to begin on the Effective Date and end on _____________ (the “ Performance Period III Determination Date ”). For purposes of this Agreement, each of Performance Period I, Performance Period II and Performance Period III shall be considered a “ Performance Period ”, and each of Performance Period I Determination Date, Performance Period II Determination Date and Performance Period III Determination Date shall be considered a “ Determination Date ”. It is understood that Earned RSU’s are also subject to a three-year time- based vesting requirement that begins on the Effective Date, as described in paragraph 3 below. 2.
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Performance Period II shall be deemed to begin on January 1, 20___ and end on December 31, 20__ (the “Performance Period II Determination Date”, and (c) “Performance Period III” shall be deemed to begin on January 1, 2025 and end on December 31, 20__ (the “Performance Period III Determination Date”). For purposes of this Agreement, each of Performance Period I, Performance Period II and Performance Period III shall be considered a “Performance Period”, and each of Performance Period I Determination Date, Performance Period II Determination Date and Performance Period III Determination Date shall be considered a “Determination Date”. It is understood that Earned RSU’s are also subject to a three-year time-based vesting requirement that begins on the Effective Date, as described in paragraph 3 below.
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Examples of Performance Period II in a sentence

  • All unvested Restricted Stock Units will be forfeited on the Employment Termination Date if your employment terminates prior to the Certification Date for any reason other than (I) by the Company or a Subsidiary, as applicable, without Cause after the end of the Performance Period, (II) by reason of your Disability (when Cause does not then exist) or your death, or (III) for Cause.

  • For purposes of this Agreement, each of Performance Period I, Performance Period II and Performance Period III shall be considered a “Performance Period”, and each of Performance Period I Determination Date, Performance Period II Determination Date and Performance Period III Determination Date shall be considered a “Determination Date”.

  • If the Change of Control occurs after the Performance Period II Determination Date but prior to the Performance Period III Determination Date, all Target RSUs subject to Performance Period III (to the extent not previously forfeited) shall be included in the above fraction to determine what portion of RSUs are Earned RSUs.

  • If the Change of Control occurs prior to the Performance Period II Determination Date, all Target RSUs subject to Performance Period II (to the extent not previously forfeited) and all Target RSUs subject to Performance Period III (to the extent not previously forfeited) shall be included in the above fraction to determine what portion of RSUs are Earned RSUs.

  • Multiply the number of Target RSUs allocable to Performance Period II by the FCF Multiplier in the chart below, with such answer being the Earned RSUs for the Performance Period II.

  • To the extent the number of ​ HOU:3760738.2 ‌ ​ RSUs allocated to Performance Period II exceed the Earned RSU’s for Performance Period II, such excess RSUs shall be immediately and automatically forfeited.

  • To the extent the number of RSUs allocated to Performance Period II exceed the Earned RSU’s for Performance Period II, such excess RSUs shall be immediately and automatically forfeited.

  • Performance Period II: Multiply the number of Target RSUs allocable to Performance Period II by the Multiplier in the chart above, with such answer being the Earned RSUs for the Performance Period II.

  • The Cash Award will be forfeited on the Employment Termination Date if your employment terminates prior to the Certification Date for any reason other than (I) by the Company or a Subsidiary, as applicable, without Cause after the end of the Performance Period, (II) by reason of your Disability (when Cause does not then exist) or your death, or (III) for Cause.

  • Multiply the number of Target RSUs allocable to Performance Period II by the Multiplier in the chart above, with such answer being the Earned RSUs for the Performance Period II.


More Definitions of Performance Period II

Performance Period II shall be deemed to begin on the Effective Date and end on the second anniversary of the Effective Date (the “Performance Period II Determination Date”, and (c) “Performance Period III” shall be deemed to begin on the Effective Date and end on the third anniversary of the Effective Date (the “Performance Period III Determination Date”). For purposes of this Agreement, each of Performance Period I, Performance Period II and Performance Period III shall be considered a “Performance Period”, and each of Performance Period I Determination Date, Performance Period II Determination Date and Performance Period III Determination Date shall be considered a “Determination Date”. It is understood that any Earned Award is also subject to a three-year time- based vesting requirement that begins on the Effective Date, as described in paragraph 3 below. 2.
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Performance Period II shall be deemed to begin on the Effective Date and end on the second anniversary of the Effective Date (the “Performance Period II Determination Date”, and (c) “Performance Period III” shall be deemed to begin on the Effective Date and end on the third anniversary of the Effective Date (the “Performance Period III Determination Date”). For purposes of this Agreement, each of Performance Period I, Performance Period II and Performance Period III shall be considered a “Performance Period”, and each of Performance Period I Determination Date, Performance Period II Determination Date and Performance Period III Determination Date shall be considered a “Determination Date”. It is understood that Earned RSU’s are also subject to a three-year time- based vesting requirement that begins on the Effective Date, as described in paragraph 3 below. 2.
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Performance Period II which means 2004 and 2005.
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Related to Performance Period II

  • Performance Period means the one or more periods of time, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance Compensation Award.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;