Certification of Achievement Sample Clauses

Certification of Achievement. Following the end of the Performance Period, the Compensation Committee (“Committee”) will certify the level of performance achieved by the Company, and the percentage of the Target Award that becomes Earned PCUs. The certification of the level of the performance achieved and the corresponding percentage of the Target Award that becomes Earned PCUs shall occur no later than sixty days after the end of the Performance Period.
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Certification of Achievement. At the time the Board (or an authorized committee thereof) approves the Company’s audited consolidated financial statements for the Performance Period, the Committee shall determine and certify the extent to which the Performance Metric has been achieved and the number of Earned PSUs. The Committee (or its successor following a Change in Control) may in its sole discretion, provide for one or more equitable adjustments (based on objective standards) to the Performance Metric (and levels of achievement) in recognition of unusual or non-recurring items such as acquisition-related activities or changes in applicable accounting rules to preserve the Committee’s original intent regarding the Performance Metric. The Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, as well as the resulting number of Earned PSUs, will be final, binding and conclusive on Participant. Upon the Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, all PSUs that are not Earned PSUs shall be forfeited to the Company forthwith, and all rights you have to such PSUs that are not Earned PSUs shall immediately terminate, without payment of any consideration to you.
Sample 1
Certification of Achievement. The Committee (or its successor following a Change in Control) may in its sole discretion, provide for one or more equitable adjustments (based on objective standards) to the Performance Metric (and levels of achievement) in recognition of unusual or non-recurring items such as acquisition-related activities or changes in applicable accounting rules to preserve the Committee’s original intent regarding the Performance Metric. The Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, as well as the resulting number of Earned MSUs, will be final, binding and conclusive on Participant. Upon the Committee’s (or its successor’s following a Change in Control) determination of the achievement level of the Performance Metric, all MSUs that are not Earned MSUs shall be forfeited to the Company forthwith, and all rights you have to such MSUs that are not Earned MSUs shall immediately terminate, without payment of any consideration to you.
Sample 1
Certification of Achievement. The Committee shall determine whether the Participant has satisfied the LTIP Performance Goal in accordance with the terms of the LTIP. The Committee shall determine whether the LTIP Performance Goals have been met and, if they have, shall so certify within 60 days after the expiration of the LTIP Performance Period (the “Certification Date”).
Sample 1

Related to Certification of Achievement

  • Certification of amounts A notice which is signed by 2 officers of a Creditor Party, which states that a specified amount, or aggregate amount, is due to that Creditor Party under this Clause 21 and which indicates (without necessarily specifying a detailed breakdown) the matters in respect of which the amount, or aggregate amount, is due shall be prima facie evidence that the amount, or aggregate amount, is due.

  • Performance and Compliance Purchaser shall have performed all of the covenants and complied, in all material respects, with all the provisions required by this Agreement to be performed or complied with by it on or before the Closing.

  • Period for Review and Consideration of Agreement Executive understands he/she has been given a period of 21 days to review and consider this Agreement before signing it. Executive further understands he/she may use as much of the 21 day period as he/she wishes prior to signing.

  • Performance of Services The Executive’s employment with the Company shall be subject to the following:

  • Committee Certification As soon as reasonably practical following the end of the Performance Period, the Committee shall review the results for the Performance Period and certify those results in writing to the Board. No Performance Units or DERs shall be paid prior to the Committee’s certification. However, Committee certification shall not apply in the event of a Change of Control.

  • Certification of Residency, etc Customer certifies that it is a resident of the United States and shall notify Bank of any changes in residency. Bank may rely upon this certification or the certification of such other facts as may be required to administer Bank's obligations hereunder. Customer shall indemnify Bank against all losses, liability, claims or demands arising directly or indirectly from any such certifications.

  • Performance Standards The Custodian shall use its best efforts to perform its duties hereunder in accordance with the standards set forth in Schedule C hereto. Schedule C may be amended from time to time as agreed to by the Custodian and the Trustees of the Fund.

  • Performance Reporting For Performance Reporting (including After-Tax Performance Reporting), Ultimus charges each Portfolio a fee of $200 per month.

  • Annual Report of Assessment of Compliance with Servicing Criteria (a) The Servicer shall cause a firm of independent certified public accountants, who may also render other services to the Servicer, the Depositor or their Affiliates, to deliver to the Issuing Entity, the Indenture Trustee and the Owner Trustee on or before March 15 of each year, beginning March 15, 2016 (or if such day is not a Business Day, the next succeeding Business Day), a report (the “Report of Assessment of Compliance with Servicing Criteria”) delivered to the Board of Directors of the Servicer and to the Indenture Trustee and the Owner Trustee that satisfies the requirements of Rule 13a-18 or Rule 15d-18 under the Exchange Act and Item 1122 of Regulation AB, as applicable, on the assessment of compliance with Servicing Criteria with respect to the prior calendar year. The certificates and reports referred to in Section 4.01(a), Section 4.01(b) and this Section 4.02(a) shall be delivered within 120 days after the end of each calendar year if the Issuing Entity is not required to file periodic reports under the Exchange Act or any other law, beginning April 30, 2017.

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