Common use of Performance Period and Measures Clause in Contracts

Performance Period and Measures. This Section 3 sets forth the details of the Performance Award for the “Performance Period,” which begins on January 1 of the calendar year of the Date of Grant (“Year One”) and ends on September 30 of the second calendar year following Year One (“Year Three”). If you are employed by the Company or its Subsidiaries on the January 10 following Year Three you will be entitled to a payment in Shares in the amount determined under Section 3(b) or pursuant to Section 4(a), as applicable, and payable at the time indicated in Section 5.

Appears in 1 contract

Samples: Corporation Performance Share Unit Agreement (HollyFrontier Corp)

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Performance Period and Measures. This Section 3 sets forth the details of the Performance Award for the “Performance Period,” which begins on January October 1 of the calendar year of the Date of Grant (“Year One”) and ends on September 30 of the second third calendar year following Year One (“Year Three”). If you are employed by the Company or its Subsidiaries on the January 10 following December 15 of Year Three you will be entitled to a payment in Shares in the amount determined under Section 3(b) or pursuant to Section 4(a), as applicable, and payable at the time indicated in Section 5.

Appears in 1 contract

Samples: Corporation Performance Share Unit Agreement (HollyFrontier Corp)

Performance Period and Measures. This Section 3 sets forth the details of the Performance Award for the “Performance Period,” which begins on January October 1 of the calendar year of the Date of Grant (“Year One”) and ends on September 30 of the second third calendar year following Year One (“Year Three”). If you are employed by the Company or its Subsidiaries on the January 10 following December 15 of Year Three you will be entitled to a payment in Shares in the amount determined under Section 3(b) or pursuant to Section 4(a), as applicable, and payable at the time indicated in Section 5.. US 2148044v.2 US 3074234v.2

Appears in 1 contract

Samples: Corporation Performance Share Unit Agreement (HollyFrontier Corp)

Performance Period and Measures. This Section 3 sets forth the details of the Performance Award for the “Performance Period,” which begins on January 1 of the calendar year of the Date of Grant (“Year One”) and ends on September 30 of the second calendar year following Year One (“Year Three”). If you are employed by the Company or its Subsidiaries on the January 10 following Year Three you will be entitled to a payment in Shares in the amount determined under Section 3(b) or pursuant to Section 4(a)4 or 5, as applicable, and payable at the time indicated in Section 56.

Appears in 1 contract

Samples: Performance Share Unit Agreement (HollyFrontier Corp)

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Performance Period and Measures. This Section 3 sets forth the details of the Performance Award for the “Performance Period,” which begins on January October 1 of the calendar year of the Date of Grant (“Year One”) and ends on September 30 of the second third calendar year following Year One (“Year Three”). If you are employed by the Company or any of its Subsidiaries subsidiaries on the January 10 following December 1 of Year Three (the last day of the Service Period) you will be entitled to a payment in Shares shares of Stock in the amount determined under Section 3(b4(b) or pursuant to Section 4(a)7, as applicable, and payable at the time indicated in this Section 59.

Appears in 1 contract

Samples: Performance Share Unit Agreement (HF Sinclair Corp)

Performance Period and Measures. This Section 3 sets forth the details of the Performance Award for the “Performance Period,” which begins on January October 1 of the calendar year of the Date of Grant (“Year One”) and ends on September 30 of the second third calendar year following Year One (“Year Three”). If you are employed by the Company or one of its Subsidiaries on the January 10 following December 15 of Year Three you will be entitled to a payment in Shares in the amount determined under Section 3(b) or pursuant to Section 4(a), as applicable, and payable at the time indicated in Section 5.

Appears in 1 contract

Samples: Corporation Performance Share Unit Agreement (HollyFrontier Corp)

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