Common use of Performance Vesting Conditions Clause in Contracts

Performance Vesting Conditions. The Performance Vesting Conditions for this award are (i) relative total shareholder return (“Relative TSR”) generated by Canopy Growth vs. a custom group of cannabis industry peers over the Performance Period as described below and (ii) Adjusted EBITDA generated by Canopy Growth over the Performance Period as described below.

Appears in 4 contracts

Samples: Performance Stock Unit Grant Agreement (Canopy Growth Corp), Performance Stock Unit Grant Agreement (Canopy Growth Corp), Performance Stock Unit Grant Agreement (Canopy Growth Corp)

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