Adjustment of Target Grant. As specified in the Memorandum, the number of Performance Shares in the Target Grant will be adjusted at the end of the Performance Period as determined by the Committee as follows:
Adjustment of Target Grant. The Target Grant will be adjusted at the end of the Performance Period as follows:
Adjustment of Target Grant. The number of Performance-Based Restricted Shares actually granted, if any, will be based upon the Company’s actual level of [Performance Goals] for the Performance Period, as shown in the chart in Section 3 above. The chart in Section 3 of this Agreement reflects only certain milestones, and interpolated achievements of performance will be used for any final grant calculation. In no event will the Participant be entitled to receive a total number of Performance-Based Restricted Shares greater than [Percentage] of the Target Grant. In addition, for the avoidance of doubt, in no event will the Participant be entitled to receive a grant of Performance-Based Restricted Shares if he or she is not employed with the Company or any Subsidiary on the Date of Grant of the Performance-Based Restricted Shares.
Adjustment of Target Grant. ( ) of the number of Restricted Shares in the Target Grant will increase or decrease based upon the Company’s Earnings Per Share Growth Rate (as defined in Section 5(c) below) over the Performance Period (the “EPS Restricted Shares”), and ( ) of the number of Restricted Shares in the Target Grant will increase or decrease based upon the Company’s Revenue Growth Rate (as defined in Section 5(d) below) over the Performance Period (the “Revenue Restricted Shares”), as follows: If the Company’s Earning Per Share Growth Rate Over the Performance Period is: The Number of EPS Performance Contingent Restricted Shares converted to shares of stock will be: If the Company’s Revenue Growth Rate Over the Performance Period is: The Number of Revenue Performance Contingent Restricted Shares converted to shares of stock will be: If intermediate percentages are achieved, the number of Restricted Shares will be prorated. For example, if the target grant is 1,000 Restricted Shares, the Company’s Earnings Per Share Growth Rate during the Performance Period is 11% and the Revenue Growth Rate is 10%, then the number of Restricted Shares finally granted would be , determined as follows: EPS Restricted Shares: Revenue Restricted Shares: In no event will Employee be entitled to receive a total number of Restricted Shares greater than % of the Target Grant, even if the Company’s Earnings Per Share Growth Rate or Revenue Growth Rate during the Performance Period exceeds %.
