Common use of Earned Performance Share Units Clause in Contracts

Earned Performance Share Units. If the Employee remains continuously employed (including during the continuance of any leave of absence as approved by the Company or an Affiliate) by the Company or an Affiliate through the date of vesting as provided in Section 2, the Employee shall earn the number of Performance Share Units determined by taking the sum of the percentages earned in the tables shown in Section 3(a) and 3(b) below, and multiplying the sum percentage times the target number of Performance Share Units specified at the beginning of this Agreement.

Appears in 4 contracts

Samples: Piper Sandler Companies (Piper Sandler Companies), Piper Sandler Companies (Piper Sandler Companies), Piper Sandler Companies (Piper Sandler Companies)

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Earned Performance Share Units. If the Employee remains continuously employed (including during the continuance of any leave of absence as approved by the Company or an Affiliate) by the Company or an Affiliate through the date of vesting as provided in Section 2Affiliate, the Employee shall earn the number of Performance Share Units determined by taking the sum of the percentages earned in the tables shown in Section 3(a) and 3(b) below, and multiplying the sum percentage times the target number of Performance Share Units specified at the beginning of this Agreement.

Appears in 3 contracts

Samples: Piper Jaffray Companies (Piper Jaffray Companies), Piper Jaffray Companies (Piper Jaffray Companies), Piper Jaffray Companies (Piper Jaffray Companies)

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