Performance Vesting Requirements. The performance goals described in the attached Schedule, which must be achieved for Units to vest and the corresponding Shares to be delivered under this Award.
Performance Vesting Requirements. The percentage of the Target Performance-Vest RSUs (if any) that will be eligible to vest on the applicable Vesting Date(s) shall be determined based on the Company’s performance for the applicable performance periods as set forth in this Appendix B. Such determination shall be made by the Committee during January or February of the year following the end of the applicable performance periods (or such earlier time as provided in this Agreement in the case of the Participant’s Qualifying Termination or a 409A Change in Control Event).
Performance Vesting Requirements. The percentage of the Performance-Vest RSUs (if any) that will be eligible to vest on the applicable Vesting Date as set forth in this Agreement (i.e., the number of “Eligible Performance-Vest RSUs”) will be determined as follows:
Performance Vesting Requirements a. The number of PSUs earned by Participant for the Performance Period will be determined at the end of the LTI Measurement Period based on the level of achievement of the performance goals as described in Exhibit I. All determinations of whether the applicable performance goals have been achieved, the number of PSUs earned by the Participant, and all other matters related to this Section 3 shall be made by the Committee in its sole discretion.
Performance Vesting Requirements. Tranche 1 The vesting for Tranche 1 will be determined based on the Company’s EPS performance for 2017. Within sixty-five (65) days after the end of the designated Performance Period, the Committee will determine the Company’s EPS for the Performance Period. For purposes of determining Performance Period EPS results, EPS means non-GAAP EPS disclosed in the Company’s annual earnings release for the year ended December 31, 2017. The Company’s EPS performance for the Performance Period determines the vesting percentage for the Units covered by Tranche 1, such that:
Performance Vesting Requirements. The earn out with respect to the PSUs will be determined by reference to the attainment of one or more pre-established performance objectives (as determined prior to the date of grant by the Committee) measured over the first year of the Award Cycle applicable to the grant of PSUs (the “Performance Year”). Depending upon the level of attainment of the relevant performance objective or objectives, Executive shall be eligible to earn 100% of the Target Number for “target-level” performance. No portion of a PSU award shall be earned (and the entire award will be forfeited) if performance is less than target performance. It is intended by the parties that no minimum earn out is guaranteed with respect to each PSU award and that payout at target level will be challenging but attainable. The agreed upon performance objective and required levels of achievement for target payout for the 2016 Performance Year are set forth in attached Schedule A. The performance metrics applicable to the 2017 Performance Year shall be consistent with the Company’s Business Plan for such year and any other business objectives approved by the Committee for such year and may be different from the objectives set forth in Schedule A.
Performance Vesting Requirements. The earn out with respect to the PSUs will be determined by reference to the attainment of one or more pre-established performance objectives (as determined prior to the date of grant by the Committee) measured over the first year of the Award Cycle applicable to the grant of PSUs (the “Performance Year”). Depending upon the level of attainment of the relevant performance objective or objectives, Executive shall be eligible to earn 100% of the Target Number for “target-level” performance. No portion of the PSU award shall be earned (and the entire award will be forfeited) if performance is less than target performance. It is intended by the parties that no minimum earn out is guaranteed with respect to such PSU award and that payout at target level will be challenging but attainable. The performance objective and required levels of achievement for target payout for the 2019 Performance Year are set forth in attached Schedule A. Xxx X. Xxxxxxxx Employment Agreement
Performance Vesting Requirements. The performance vesting requirements are described on the attached Exhibit A.
Performance Vesting Requirements. The earn out with respect to the PSUs will be determined by reference to the attainment of the pre-established performance objective set forth in attached Schedule A measured over the fiscal year ending December 31, 2019 (the “Performance Period”). Depending upon the level of attainment of the performance objective, Executive shall be eligible to earn 100% of the Specified Number. No portion of the PSU award shall be earned (and the entire award will be forfeited) if the performance objective is not achieved. It is intended by the parties that no minimum earn out is guaranteed with respect to such PSU award and that payout will be challenging but attainable.
Performance Vesting Requirements. This Award will become earned, subject to the time vesting requirements described in Paragraph 2(a)(2), with respect to the number of shares of Restricted Stock indicated by the achievement of the performance goals that are specified by the Committee in the grant of this Award (the “Earned Shares”). Such performance goals and the period of performance are established pursuant to the BancorpSouth, Inc. Executive Performance Incentive Plan (the “Incentive Plan”) and are set forth and Exhibit A hereto.
