Common use of Performance Objective Clause in Contracts

Performance Objective. The Committee shall determine whether the Performance Objective applicable to an RSU has been met, and such determination shall be final and conclusive. Until the Committee has made such a determination, the Performance Objective may not be considered to have been satisfied. Notwithstanding any determination by the Committee that the Performance Objective has been attained with respect to particular RSUs, such RSUs shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such RSUs.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/)

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Performance Objective. The Committee shall determine whether the Performance Objective applicable to an RSU 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 RSUsTranche, such RSUs Tranche shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such RSUsTranche.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Danaher Corp /De/), Restricted Stock Unit Agreement (Vontier Corp), Restricted Stock Unit Agreement (Vontier Corp)

Performance Objective. The Committee shall determine whether the Performance Objective applicable to an RSU has been met, and such determination shall be final and conclusive. Until the Committee has made such a determination, the Performance Objective may not be considered to have been satisfied. Notwithstanding any determination by the Committee that the Performance Objective has been attained with respect to particular RSUs, such RSUs shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such RSUs.

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

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Performance Objective. The Committee shall determine whether whether, and if applicable, to what extent, the Performance Objective Objective(s) applicable to an RSU has the Target RSUs and Performance Kicker RSUs have been metmet and the number of RSUs that shall vest, if any, and such determination shall be final and conclusive. Until the Committee has made such a determination, the Performance Objective Objective(s) may not be considered to have been satisfied. Notwithstanding any determination by the Committee that the Performance Objective has Objective(s) have been attained with respect to particular RSUsattained, such RSUs an RSU shall not be considered to have vested unless and until the Participant has satisfied the Time-Based Vesting Criteria applicable to such RSUsRSU.

Appears in 1 contract

Samples: 2016 Stock Incentive Plan (Fortive Corp)

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