Performance Period Start Date definition
Examples of Performance Period Start Date in a sentence
If the Participant’s employment is terminated by the Company without Cause (other than a Change of Control Termination) prior to the first anniversary of the Performance Period Start Date, any unvested PSUs shall be forfeited in their entirety on the Participant’s termination date without any payment to the Participant.
Cost of Work Estimate *The Local Agency should not begin work until all three of the following are in place: 1) Phase Performance Period Start Date; 2) the execution of the document encumbering funds for the respective phase; and 3) Local Agency receipt of the official Notice to Proceed.
If the Participant’s employment is terminated by the Company without Cause (other than a Change of Control Termination) or the Participant’s employment is terminated due to Retirement or Disability, in any event prior to the first anniversary of the Performance Period Start Date, any unvested PSUs shall be forfeited in their entirety on the Participant’s termination date without any payment to the Participant.
The number of Earned PSUs, if any, will be prorated based on the number of the days that have elapsed in the Performance Period from the Performance Period Start Date (as defined in Exhibit A) to the date of such termination of employment.
The Company’s share performance relative to the S&P SmallCap 600 Index over a period that commences on Performance Period Start Date and ends on Performance Period End Date (hereinafter as the “Final Performance Criterion”).
Defined as the trailing 30 calendar day average closing stock price of the applicable company, ending on the day immediately prior to the Performance Period Start Date.
Notwithstanding the foregoing, in the event of a termination of your employment due to your Retirement after the first anniversary of the Performance Period Start Date (a “Qualifying Retirement”) or your death, in either case, prior to the Vesting Date and prior to a Change of Control, the PSUs shall not terminate upon such termination and shall instead remain outstanding and eligible to become Earned PSUs in accordance with the terms of this Agreement and to vest on the Vesting Date.
The following performance criterion shall apply to this conditional award: The Company’s cumulative total shareholder return over the period that commences on Performance Period Start Date and ends on Performance Period End Date, relative to the cumulative total shareholder return of the constituents of the S&P SmallCap 600 over the period that commences on Performance Period Start Date and ends on Performance Period End Date, calculated on a percentile ranking basis.
Cost of Work Estimate *For STE M086-053 (16810) the Local Agency should not begin work until all three (3) of the following are in place: 1) Phase Performance Period Start Date; 2) the execution of the document encumbering funds for the respective phase; and 3) Local Agency receipt of the official Notice to Proceed.
Defined as the trailing 30 consecutive day average closing stock price of the applicable company, ending on the day immediately prior to the Performance Period Start Date.