Common use of Performance Requirement Clause in Contracts

Performance Requirement. The mean of F.N.B.’s ICG Growth for the three fiscal years comprising the ICG Growth Performance Period must be greater than or equal to the 25th percentile of the calculated mean of the individual Peer Financial Institutions’ ICG Growth for the three fiscal years of the ICG Growth Performance Period (see Schedule 2).

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit and Performance Unit Award Agreement (FNB Corp/Pa/), Combined Performance Based Restricted Stock Unit and Performance Unit Award Agreement (FNB Corp/Pa/)

Performance Requirement. The mean of F.N.B.’s ICG Growth excluding AOCI for the three fiscal years comprising the ICG Growth excluding AOCI Performance Period must be greater than or equal to the 25th percentile of the calculated mean of the individual Peer Financial Institutions’ ICG Growth for the three fiscal years of the ICG Growth excluding AOCI Performance Period (see Schedule 2).

Appears in 1 contract

Sources: Combined Performance Based Restricted Stock Unit and Performance Unit Award Agreement (FNB Corp/Pa/)