Segment 2 definition
Examples of Segment 2 in a sentence
The Maximum Payment Schedule shall be calculated based on the monthly expenditure rate set forth in Exhibit 5A for Segment 1 and Exhibit 5B for Segment 2.
The Warranty Term for each of Section 1A, Section 1B and Segment 2 shall commence upon Substantial Completion of such Section 1A, Section 1B or Segment 2, as applicable, and remain in effect until one year after Final Acceptance of such Section or Segment.
The Warranties for the ITS components for Segment 1A shall remain in effect until two years after Final Acceptance of Section 1A, the Warranties for the ITS components for Segment 1B shall remain in effect until two years after Final Acceptance of Section 1B and the Warranties for the ITS components for Segment 2 shall remain in effect until two years after Final Acceptance of Segment 2.
Segment 1 will consist of 1/3 of the EPS Units (as defined below) and 1/2 of the TSR Units (as defined below), and Segment 2 will consist of 2/3 of the EPS Units and 1/2 of the TSR Units.
Segment 1 will vest after the end of the first two fiscal years, and Segment 2 will vest after the end of the third fiscal year.