Three-Year Performance Period definition

Three-Year Performance Period has the meaning set forth in Section 3 hereof.
Three-Year Performance Period means the period from January 1, 2012 through December 31, 2014.
Three-Year Performance Period means the period from January 1, 2019 through December 31, 2021. “ Two-Year Performance Period ” shall mean the period from January 1, 2019 through December 31, 2020.

Examples of Three-Year Performance Period in a sentence

  • Notwithstanding the foregoing, if following the Participant’s death or Disability, a Change of Control occurs during the Three-Year Performance Period, the number of PSUs that will vest and be paid to the Participant, or in the case of death, to the Participant’s beneficiary, shall equal the number of PSUs that vest and become nonforfeitable under Section 4(b) hereof.

  • Notwithstanding the foregoing, if (x) prior to the Participant’s Retirement, the Participant had not less than twelve (12) consecutive months of Service and (y) following the Participant’s Retirement, a Change of Control occurs during the Three-Year Performance Period, then the number of PSUs that will vest and become nonforfeitable shall equal the number of PSUs that vest and become nonforfeitable under Section 4(b) hereof.

  • If the Participant’s Service is terminated prior to the end of the Three-Year Performance Period for any reason, other than as described in Section 4(b), Section 4(c) or Section 4(d) hereof, all PSUs granted hereunder shall be forfeited by the Participant without any consideration.

  • If the Participant’s Service continues for not less than twelve (12) consecutive months during the Three-Year Performance Period and the Participant’s Service is involuntarily terminated by the Company without Cause prior to the end of the Three-Year Performance Period, then the number of PSUs that vest and become nonforfeitable is the number of PSUs determined under Section 5 hereof as if the Company had achieved the Target Goal.

  • If the Peer Group is reduced by merger(s) or otherwise during the term of the Three-Year Performance Period the Committee shall make such adjustments to the Unit Value Amount chart as it deems appropriate in its sole discretion.


More Definitions of Three-Year Performance Period

Three-Year Performance Period means the period from January 1, 2019 through December 31, 2021.
Three-Year Performance Period means the three-year period beginning January 1, 2014, and ending December 31, 2016.
Three-Year Performance Period means the period from January 1, 2013 through December 31, 2015.
Three-Year Performance Period means the period from January 1, 2015 through December 31, 2017. “Two-Year Performance Period” shall mean the period from January 1, 2015 through December 31, 2016.
Three-Year Performance Period means the period from January 1, 2016 through December 31, 2018.
Three-Year Performance Period means the period from January 1, 2017 through December 31, 2019.
Three-Year Performance Period means the three-year period beginning January 1, 2017, and ending December 31, 2019.