Examples of Target Units in a sentence
Any Target Units that do not vest in accordance with the table will be forfeited on the Vesting Date.
The remaining number of Target Units shall be immediately canceled and forfeited without consideration as of the Termination Date.
Your right to receive all, any portion of, or more than the Target Units (but in no event more than the Maximum Units) will be contingent upon the achievement of specified levels of certain performance goals measured over the Performance Period.
Such pro-rated number of Target Units shall remain outstanding until the end of the vesting period set forth in the Notice, and shall be settled in accordance with Section 6 hereof, as if the Grantee had remained in Continuous Service through the last day of the vesting period.
For purposes of the above calculations, TSR % of Target Units will be rounded to the nearest whole percent.