Examples of First Measurement Period in a sentence
In the event the 2018 90% Zuplenz Products Target is met and the 2019 100% Zuplenz Products Target is met, a total of $1,500,000 will become payable in respect of the First Measurement Period and the Second Measurement Period.
For this purpose, the mid-threshold amount of Consolidated EBITDA for the three Measurement Periods are as follows: First Measurement Period = $14,070,000; Second Measurement Period = $17,400,000; and Third Measurement Period = $20,700,000.
If the Stock Price Performance at the end of the Third Measurement Period is equal to or higher than the Stock Price Performance at the end of the First Measurement Period, all of the Remaining Rollover Shares shall vest as of the last day of the Third Measurement Period.
Where deferral is permitted the Participant may, within 30 days of receiving notification of the extent to which the Award would otherwise have Vested, elect to defer Vesting by signing and returning a Deferral Notice to the Trustees in which case no Vesting shall take place or be deemed to take place as at the end of the First Measurement Period and the Performance Condition shall then be applied over the whole of the Second Measurement Period.
The number of First Measurement Period Earned Units, if any (not to exceed the one-third of the Target Number of Units), shall equal the product of (i) one-third of the Target Number of Units and (ii) the Relative Return Factor determined for the First Measurement Period, as illustrated by Appendix A.