Common use of Performance Measure Clause in Contracts

Performance Measure. The percentage of Performance Units earned for the Performance Period is determined on the basis of Achieved DCF/Unit relative to Incentive DCF/Unit.

Appears in 2 contracts

Sources: Performance Unit Agreement (Holly Energy Partners Lp), Performance Unit Agreement (Holly Energy Partners Lp)

Performance Measure. The percentage of Performance Units earned for the Performance Period is determined on the basis of Achieved DCF/Unit relative to Target DCF/Unit and Incentive DCF/Unit.

Appears in 2 contracts

Sources: Performance Unit Agreement (Holly Energy Partners Lp), Performance Unit Agreement (Holly Energy Partners Lp)

Performance Measure. The percentage of Performance Units earned for the Performance Period is determined on the basis of Achieved the total increase in the Partnership’s DCF/Unit relative to Incentive during the Performance Period over a DCF/UnitUnit of $12.492.

Appears in 1 contract

Sources: Performance Unit Agreement (Holly Energy Partners Lp)

Performance Measure. The percentage of Performance Units earned for the Performance Period is determined on the basis of Achieved the total increase in the Partnership’s DCF/Unit relative to Incentive during the Performance Period over a DCF/UnitUnit of $15.105.

Appears in 1 contract

Sources: Performance Unit Agreement (Holly Energy Partners Lp)