Performance Objective. The Committee shall determine whether the Performance Objective applicable to an RSU, if any, has been met, and such determination shall be final and conclusive. Until the Committee has made such a determination, the Performance Objective (if any) may not be considered to have been satisfied. Notwithstanding any determination by the Committee that the Performance Objective (if any) has been attained with respect to a particular Tranche, such Tranche shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such Tranche.
Appears in 8 contracts
Sources: Restricted Stock Unit Agreement (Vontier Corp), Restricted Stock Unit Agreement (Ralliant Corp), Restricted Stock Unit Agreement (Vontier Corp)
Performance Objective. The Committee shall determine whether the Performance Objective applicable to an RSU, if any, RSU has been met, and such determination shall be final and conclusive. Until the Committee has made such a determination, the Performance Objective (if any) may not be considered to have been satisfied. Notwithstanding any determination by the Committee that the Performance Objective (if any) has been attained with respect to a particular TrancheRSUs, such Tranche RSUs shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such TrancheRSUs.
Appears in 8 contracts
Sources: Restricted Stock Unit Agreement (Danaher Corp /De/), Restricted Stock Unit Agreement (Danaher Corp /De/), Restricted Stock Unit Agreement (Danaher Corp /De/)
Performance Objective. The Committee shall determine whether the Performance Objective applicable to an RSU, if any, RSU has been met, and such determination shall be final and conclusive. Until the Committee has made such a determination, the Performance Objective (if any) may not be considered to have been satisfied. Notwithstanding any determination by the Committee that the Performance Objective (if any) has been attained with respect to a particular TrancheRSUs, such Tranche RSUs shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such TrancheRSUs.
Appears in 1 contract
Sources: Restricted Stock Unit Agreement (Danaher Corp /De/)