Second Performance Period Clause Samples

Second Performance Period. Subject to the terms and conditions of this Notice, the PRSUs covered by this Notice shall Vest, to the extent such PRSUs are not already Vested or forfeited, based on the extent to which the performance goals described in the Statement of Performance Goals for these PRSUs for the period commencing on April 21, 2021 and ending on June 5, 2023 (the “2021-2023 Performance Goals,” and, together with the 2018-2021 Performance Goals, the “Performance Goals”) are achieved, as determined and certified by the Committee from time to time in its sole discretion (the period from April 21, 2021 until June 5, 2023, the “Second Performance Period,” and, together with the First Performance Period, the “Performance Periods”).

Second Performance Period. The Second Performance Period shall be the three Fiscal Year period immediately following the Initial Performance Period. Restricted Shares shall be forfeited after the Second Performance Period in accordance with the following schedule: RONA Forfeiture Percentage of (as defined in Section 5(c)) Restricted Shares initially during Second Performance Period granted hereunder ----------------------------------- ----------------------------- 25.00% or less 100.00% 26.00% 90.00% 27.00% 80.00% 28.00% 70.00% 29.00% 60.00% 30.00% 50.00% 31.00% 40.00% 32.00% 30.00% 33.00% 20.00% 34.00% 10.00% 35.00% or more 0.00% In no event, however, shall the number of Restricted Shares forfeited after the Second Performance Period exceed the total number of Restricted Shares initially granted hereunder less the number of Restricted Shares upon which restrictions lapsed after the Initial Performance Period in accordance with Section 5(a) of this Agreement. Restrictions shall lapse on all Restricted Shares not so forfeited.

Second Performance Period. Equityholders shall be entitled to that portion of the Second Tranche corresponding to the amount of Immunetrics Revenue (with the addition of any Rollover Amount) recognized during the Second Performance Period, as set forth on Schedule 2 (the “Second Earnout Payment”). For the avoidance of doubt, if Immunetrics Revenue is less than Seven Million Dollars ($7,000,000) during the Second Performance Period (with the addition of any Rollover Amount), the Equityholders shall not be entitled to any portion of the Second Tranche and if Immunetrics Revenue

Second Performance Period. For purposes of this Award Agreement, “Second Performance Period” means the period beginning on January 1, 2027 and ending on December 31, 2027. 1 NTD: Additionally, with respect to the Chief Executive Officer, “Relevant Metrics” will also include a performance goal tied to meeting the objectives of the engagement of Alix Partners. This General Release of Claims (“Agreement”) is made by and between [_____] (“you”) and Beyond Meat, Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”) regarding the end of your employment with the Company and the resolution of any disputes you may have against the Company.

Second Performance Period. Such number of Performance Stock Units shall become “Vesting Eligible PSUs” with respect to the Second Performance Period on the Second Certification Date as is equal to the sum of the following: (A) A number of Performance Stock Units determined by multiplying (1) fifty percent (50%), by (2) the Target Number of Performance Stock Units (as adjusted pursuant to any Anti-Dilution Increase prior to such date), by (3) the Achievement Percentage for the Second Performance Period; plus (B) A number of Performance Stock Units determined by multiplying (1) the Catch-Up Eligible Performance Stock Units, by (2) the Catch-Up Achievement Percentage for the Second Performance Period. The resulting Vesting Eligible PSUs will vest on the Second Certification Date, subject to Participant’s continued status as a Service Provider through such date.

Second Performance Period. The Second Performance Period shall be the three Fiscal Year period immediately following the Initial Performance Period. At the end of the Second Performance Period, restrictions shall lapse on the total number of Restricted Shares initially granted hereunder less the number of Restricted Shares upon which restrictions lapsed after the Initial Performance Period in accordance with Section 5(a) of this Agreement.

Second Performance Period. A number of Shares equal to 25% of the Target Shares will be deemed Earned Shares upon the second anniversary of the Grant Date provided that Company has achieved an Adjusted Cash Earnings Per Share of $[___] for the period from [____________] [___], [___] to [____________] [___], [___] [one year] (the “Second Performance Period”). One-half (1/2) of such Earned Shares will become Paid Shares and will be paid as soon as practicable following the determination of performance results for the Second Performance Period but in all events in the calendar year following the Second Performance Period. One-half (1/2) of such Earned Shares will become Claw-Back Shares. In the event that the performance criterion for the Second Performance Period is not met, the Target Shares for the Second Performance Period will become Carry-Over Shares.

Second Performance Period. The number of Earned Units for the Second Performance Period, if any, will be equal to the product of (i) one-third of the Target Number of Units (rounded to the nearest whole number) and (ii) the Performance Multiplier for the Second Performance Period, provided that the maximum number of Earned Units for the Second Performance Period may not exceed [___]% of one-third of the Target Number of Units.