Common use of Performance Vesting Requirement Clause in Contracts

Performance Vesting Requirement. (a) The “Performance Period” for this Award shall be the 36-month period commencing on January 1, 2006 and ending on December 31, 2008. The Award shall be subject to performance vesting requirements based upon the achievement of the Performance Target specified below, subject to certification of the degree of achievement of such Performance Target by the Committee pursuant to Section 7 of the Plan.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Waste Management Inc), Restricted Stock Unit Award Agreement

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Performance Vesting Requirement. (a) The “Performance Period” performance period for this Award shall be commence on the 36-month period commencing first day of fiscal year 2009 and shall end on January 1, 2006 and ending on December 31, 2008the last day of fiscal year 2011. The Award shall be subject to performance vesting requirements based upon the achievement of the Performance Target specified below, subject Goals as set forth in Appendix A to certification of the degree of achievement of such Performance Target by the Committee pursuant to Section 7 of the Planthis Agreement.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Kulicke & Soffa Industries Inc), Performance Unit Award Agreement (Kulicke & Soffa Industries Inc)

Performance Vesting Requirement. (a) The “Performance Period” performance period for this Award shall be the 36-month period commencing commence on January October 1, 2006 2007 and ending shall end on December 31September 30, 20082010. The Award shall be subject to performance vesting requirements based upon the achievement of the Performance Target specified below, subject Goals as set forth in Appendix A to certification of the degree of achievement of such Performance Target by the Committee pursuant to Section 7 of the Planthis Agreement.

Appears in 1 contract

Samples: Performance Share Award Agreement (Kulicke & Soffa Industries Inc)

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Performance Vesting Requirement. (a) The “Performance Period” for this Award shall be the 36-month period commencing on January 1, 2006 2009 and ending on December 31, 20082011. The Award shall be subject to performance vesting requirements based upon the achievement of the Performance Target Incentive Formula established under the Plan, reduced so that the Award that is paid to the Employee hereunder does not exceed the amount computed under the performance goal specified below, subject to certification of the degree of achievement of such Performance Target performance goal by the Committee pursuant to Section 7 of the PlanCommittee.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Waste Management Inc)

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