Performance Grant Sample Clauses

Performance Grant. Pursuant to the Plan, the Participant is granted a Performance Award at a Target Amount of _______ on April 1, 2006, subject further to the terms and conditions set forth herein. The actual payout may be from 0% to 200% of the Target Amount. Payment will be made by March 15, 2008.

Performance Grant. The Company shall grant Executive a stock option to purchase 500,000 shares of Common Stock at an exercise price of $1.65 per share (the “Performance Option”). The Performance Option shall be governed by the Plan. For so long as the Executive is an employee of the Company, the Performance Option shall vest, if at all, upon the following milestones being achieved:

Performance Grant. In fiscal years 2012, 2013, 2014 and 2015, you will be eligible to receive an annual target bonus grant of options to purchase One Hundred Twenty Five Thousand (125,000) shares of the Company’s Common Stock each year at an exercise price based on the fair market value of the Company’s common stock on the date of the grant, based upon the achievement each year of twenty percent (20%) annual organic EBITDA growth, excluding growth from making acquisitions of companies and other revenue producing assets. In the event of a Change of Control (as defined below) of the Company (or its successor), upon the closing of such Change of Control, all performance shares previously earned as of the date of Change of Control shall become vested. All of your options will have a cashless exercise feature.

Performance Grant. The Enterprise will only be entitled to receive the Performance Grant Amount once documentation is provided to the Panel's satisfaction to confirm the completion of the Project by the Project Completion Date.

Performance Grant. (i) The Company shall request that the CCLG authorize and grant Employee 212,500 restricted share units (“Performance Grant” and, together with the Time-Based Grant, the “Grants”) of Lions Gate Entertainment Corp. in accordance with the Plan. Employee acknowledges that this Performance Grant of stock is subject to the approval of the CCLG.

Performance Grant. Subject to the terms of the Agreement to which this Exhibit “A” is attached, RSUs are granted in amounts to be determined by the Return on Invested Capital (“ROIC”) achieved by the Company over the twenty-four month period ending [_______________], based upon the audited financial statements. The number of RSUs granted will be determined as follows:

Performance Grant. An annual grant from the EDA in an amount equal to 50% of its business personal property tax liability for calendar years 2015 and 2016; and 30% for calendar years 2017, 2018 and 2019.

Performance Grant. As approved by the Board and the Chief Operating Officer of Block, Executive shall participate in the Performance Grant Program, subject to the terms of that Program, and shall have a target cash award of $500,000.

Performance Grant. On the Effective Date, Executive will be granted one hundred and twenty-five thousand (125,000) restricted shares of Company Common Stock (the “Performance Grant”). Fifty percent (50%) of the Performance Grant will vest only if Executive remains employed with the Company through the first anniversary of the grant date and only if the Company reports four consecutive quarters of cumulative non-GAAP operating profitability following the Effective Date and on or prior to April 1, 2015. The remaining fifty percent (50%) of the Performance Grant will vest only if Executive remains employed with the Company through the second anniversary of the grant date and only if the Company reports a completed Company fiscal year with non-GAAP operating profit equal to or exceeding five percent (5%) of the Company’s GAAP annual revenue following the Effective Date and on or prior to April 1, 2015. In the event that some or all of the performance criteria in the preceding two sentences are not satisfied on or prior to April 1, 2015, the unvested shares subject to the Performance Grant shall expire unvested and be forfeited and automatically transferred to and reacquired by the Company at no cost to the Company, unless the Board, in its sole discretion based upon the facts and circumstances, elects to treat all or a portion of the performance criteria satisfied with respect to such unvested shares and cause all or a portion of the unvested Performance Grant to become vested on such date. For the purpose of calculating non-GAAP operating profit, the Company’s GAAP operating profit shall be adjusted in the manner the Company uses for publicly reporting non-GAAP financial measures and shall exclude equity compensation expenses and any other extraordinary and one-time expenses, as reasonable determined by the Compensation Committee of the Board. Each tranche of the Performance Grant shall vest on the first date that both the service-based vesting requirement and the profit-based metric are attained. In all events, the vesting of the Performance Grant is further subject to Executive remaining employed with the Company through the vesting date; provided, however, in the event of a termination of employment either by the Company without Cause or by the Executive for Good Reason all unvested shares subject to the Performance Grant as of Executive’s termination date shall remain outstanding in escrow but unvested until the three (3) month anniversary of such termination. In the event ...