Examples of Second 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.
If the First Recalibrated RSU Award is greater than the First RSU Vest Amount, then the First RSU Vest Amount and the Second RSU Vest Amount shall vest as of the last day of the Second Measurement Period, subject to Participant’s continuous employment through such time.
If the Maximum RSU Award is greater than the First Cap amount, the First RSU Vest Amount will vest as of the last day of the Second Measurement Period, subject to the Participant’s continuous employment through such time.
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 First Recalibrated RSU Award is less than or equal to the First RSU Vest Amount, no additional restricted stock units under this Award shall vest at the end of the Second Measurement Period.