Common use of Satisfaction of Performance Objectives Clause in Contracts

Satisfaction of Performance Objectives. (i) The Performance Shares are granted to the Employee subject to the prohibitions on transfer set forth in Section 4 below, which shall lapse, if at all, based upon attainment during the Performance Period of the performance objectives set forth in the Statement of Performance Goals delivered to the Employee at the time of the Award (the “Statement of Performance Goals”).

Appears in 2 contracts

Samples: Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/), Equity Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/)

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Satisfaction of Performance Objectives. (i) The Performance Shares are granted to the Employee subject to the prohibitions on transfer set forth in Section 4 below, which shall lapse, if at all, based upon attainment during the Performance Period of the performance objectives set forth in the Statement of Performance Goals (however designated) delivered to the Employee at the time of the Award (the “Statement of Performance Goals”).

Appears in 2 contracts

Samples: Equity Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/), Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/)

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Satisfaction of Performance Objectives. (i) The Performance Shares are granted to the Employee subject to the prohibitions on transfer set forth in Section 4 below, which shall lapse, if at all, based upon attainment during the Performance Period of the performance objectives set forth in the Statement of Performance Goals delivered to the Employee at the time of the making of the Award (the “Statement of Performance Goals”).

Appears in 1 contract

Samples: Performance Share Award Agreement (Harris Corp /De/)

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