Performance Periods Sample Clauses

Performance Periods. For the period from July 1, 2003 through May 31, 2004, the Adviser will be paid at the Base Rate, without regard to any Performance Adjustment. For the month ending June 30, 2004, the Adviser will begin applying the Performance Adjustment as described herein, based upon the performance of the Fund relative to the performance of the Index during the 12-month period from July 1, 2003 through June 30, 2004. The 12-month comparison period will roll over with each succeeding month, so that it will always equal 12 months, ending with the month for which the performance incentive adjustment is being computed.
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Performance Periods. For the period from July 1, 2003 through May 31, 2004, the Adviser will be paid at the Base Rate, without regard to any Performance Adjustment. For the month ending June 30, 2004, the Adviser will begin applying the Performance Adjustment as described herein, based upon the performance of the Fund relative to the performance of the Index during the 12-month period from July 1, 2003 through June 30, 2004. The 12-month comparison period will roll over with each succeeding month, so that it will always equal 12 months, ending with the month for which the performance incentive adjustment is being computed. CHANGES TO THE "INDEX". The Trustees have initially designated the Xxxxxxx 3000 Index as the index to be used for purposes of determining the Performance Adjustment (referred to herein as the "Index"). From time to time, to the extent permitted by the 1940 Act, the Trustees may, by a vote of the Trustees of the Trust voting in person, including a majority of the Trustees who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of any such parties, determine that another securities index is a more appropriate benchmark than the Index for purposes of evaluating the performance of the Fund in calculating the Performance Adjustment. After ten days' written notice to the Adviser, a different index (the "Successor Index") may be substituted for the Index in prospectively calculating the Performance Adjustment. However, the calculation of that portion of the Performance Adjustment attributable to any portion of the performance period prior to the adoption of the Successor Index will still be based upon the Fund's performance compared to the Index.
Performance Periods. The Performance Period to which the award of Performance Shares relates is the three-year period beginning on January 1, 2013 and ending on December 31, 2015.
Performance Periods. The Performance Periods are as follows: • any four consecutive fiscal quarters ending between (and including) March 31, 2018 and December 31, 2019 (the “First Designated Period”); and • any four consecutive fiscal quarters ending between (and including) March 31, 2020 and December 31, 2020 (the “Second Designated Period”, and together with the First Designated Period, the “Designated Periods”). Any such four consecutive fiscal quarter period is sometimes referred to as a “Four Quarter Period”.
Performance Periods. First January 1, 2017 – December 31, 2017 Second January 1, 2018 – December 31, 2018 Third January 1, 2019 – December 31, 2019 Fourth January 1, 2020 – December 31, 2020
Performance Periods. “Performance Periods” means the time period designated by the Company’s Compensation Committee for each Long-Term Award.
Performance Periods. (a) Subject to the terms and conditions of this Agreement, 50% of the Target Number (the “2014/2015 Target Number”) shall have a one-year performance period, consisting of the period beginning October 1, 2014 and ending September 30, 2015 (the “2014/2015 Performance Period”), after which the 2014/2015 Target Number of Restricted Stock Units, if and when vested, will be paid in Shares. At the end of the 2014/2015 Performance Period, the value of the 2014/2015 Target Number of Restricted Stock Units that vest as provided in Section 4 of this Agreement, and are paid as provided in Section 5 of this Agreement, shall not exceed any maximum limits set by the Board of Directors pursuant to its resolutions adopted on August 18, 2014, or otherwise contained in the Plan.
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Performance Periods. The number of Awarded Shares that are earned and thereafter subject to vesting (the “Earned Shares”) shall be determined by the Compensation Committee, in its sole and absolute discretion, in accordance with Exhibit A, based upon the Company’s achievement relative to the applicable Performance Targets (i) for fifty percent of the Awarded Shares (the “One Year Awarded Shares”) during the period commencing on January 1, 2016 and ending on December 31, 2016, and (ii) for fifty percent of the Awarded Shares (the “Three Year Awarded Shares”) during the period commencing on January 1, 2016 and ending on December 31, 2018 (each a “Performance Period”, and together the “Performance Periods”). Upon the determination that some number of the One Year Awarded Shares are Earned Shares, subject to Section 11, 25% of the Earned Shares that are One Year Awarded Shares shall be vested, and upon the determination that some number of the Three Year Awarded Shares are Earned Shares, subject to Section 11, all of the Earned Shares that are Three Year Awarded Shares shall be vested. For the avoidance of doubt, the One Year Awarded Shares and Three Year Awarded shall be automatically forfeited in their entirety if their respective Performance Target is not achieved at least at the minimum threshold level.
Performance Periods. The performance periods for each vesting tranche of the Target PSUs are as described below (each, a "Performance Period"): Tranche 1 Performance Period: Award Date through December 31, 2021. Tranche 2 Performance Period: Award Date through December 31, 2022. Notwithstanding the above, if a Change in Control occurs when at least fifty percent (50%) of the applicable Performance Period has been completed, any ongoing Performance Period shall run from the Award Date through the date of the Change in Control. If a Change in Control occurs prior to the completion of fifty percent (50%) of the applicable Performance Period, the treatment of the PSUs is governed by Section 5 of the Agreement.
Performance Periods. The “Performance Periods” mean the separate performance periods for (a) 50% of the total Performance Share Units, based upon satisfaction of the cash flow from operations performance measure, as set forth on Exhibit B, (the “First Performance Period”) and (b) 50% of the Performance Share Units, based upon satisfaction of the relative TSR performance measure, as set forth on Exhibit C (the “Second Performance Period”)
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