Common use of Performance Metric Clause in Contracts

Performance Metric. Subject to Section 2.7, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies for such Performance Period (the "Performance Metric").

Appears in 2 contracts

Samples: 2014 Performance Share Agreement (PDC Energy, Inc.), 2015 Performance Share Agreement (PDC Energy, Inc.)

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Performance Metric. Subject to Section 2.7Except as otherwise provided in this Agreement, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the Performance Period based generally upon Total Shareholder Return ("TSR") of the Company PDC relative to TSR for the Peer Companies (defined below) for such Performance Period (the "Performance Metric").

Appears in 2 contracts

Samples: PDC Merger (PDC Energy, Inc.), PDC Merger Performance Share Agreement (SRC Energy Inc.)

Performance Metric. Subject to Section 2.72.8, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies (defined below) for such Performance Period (the "Performance Metric").

Appears in 2 contracts

Samples: 2016 Performance Share Agreement (PDC Energy, Inc.), 2016 Performance Share Agreement (PDC Energy, Inc.)

Performance Metric. Subject to Section 2.7, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the a Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies for such Performance Period (the "Performance Metric").

Appears in 1 contract

Samples: 2013 Performance Share Agreement (PDC Energy, Inc.)

Performance Metric. Subject to Section 2.7, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the a Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies Group for such Performance Period (the "Performance Metric").

Appears in 1 contract

Samples: 2012 Performance Share Agreement (Petroleum Development Corp)

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Performance Metric. Subject to Section 2.7, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the a Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies Group for such Performance Period (the "Performance Metric").

Appears in 1 contract

Samples: Performance Share Agreement (Petroleum Development Corp)

Performance Metric. Subject to Section 2.72.8, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the Performance Period based generally upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies (defined below) for such Performance Period (the "Performance Metric").

Appears in 1 contract

Samples: 2018 Performance Share Agreement (PDC Energy, Inc.)

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