Common use of Performance-Based Units Clause in Contracts

Performance-Based Units. Except as may otherwise be provided in the Plan or this Agreement, the Performance-Based Units shall vest in the amounts set forth below, depending upon the Cumulative Adjusted Operating Income of the Reporting Unit, as follows:

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Culp Inc)

Performance-Based Units. Except as may otherwise be provided in the Plan or this Agreement, the Performance-Based Units shall vest in the amounts set forth below, depending upon the Cumulative Adjusted Operating Income of the Reporting UnitCorporation, as follows:

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Culp Inc)