Common use of Adjustment of Performance Goals Clause in Contracts

Adjustment of Performance Goals. With respect to those Performance Shares or Performance Units that are not intended to qualify as Performance-Based Awards (as described in Section 12 below), the Committee shall have the authority at any time to make adjustments to performance goals for any outstanding Performance Shares or Performance Units which the Committee deems necessary or desirable unless at the time of establishment of the performance goals the Committee shall have precluded its authority to make such adjustments.

Appears in 9 contracts

Samples: Cognizant Technology Solutions Corp, Cognizant Technology Solutions Corp, Cognizant Technology Solutions Corp

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