Common use of Earned RSUs Clause in Contracts

Earned RSUs. (a) The actual number of RSUs earned shall be determined by the level of achievement of the Company’s goal for Adjusted Return on Invested Capital (“ROIC”) and Adjusted Operating Margin (“AOM”) for the 2015 Fiscal Year the (“Performance Period”). Fifty percent of the Target Performance Based Award will be based on the Performance Period ending ROIC (“ROIC Portion”) and fifty percent will be based on the Performance Period ending AOM (“AOM Portion”) and determined as follows: (b) ROIC Portion

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit Agreement (Circor International Inc), Performance Based Restricted Stock Unit Agreement (Circor International Inc)