Common use of Committee Determination Clause in Contracts

Committee Determination. The Committee shall review the results with respect to the Performance Goal and shall determine the TSR Performance Factor and the number of Vested PSUs as soon as reasonably practical. However, no PSUs or DERs shall be paid prior to such determination or the time of payment specified in the Agreement. For the sake of clarity, any exercise of discretion or adjustments made by the Committee as contemplated herein may be effectuated without your consent and will not be treated (for purposes of the Plan or this Agreement) as an amendment to the Agreement that materially reduces the benefit of the Grantee without his or her consent.

Appears in 3 contracts

Samples: Performance Share Unit Grant Agreement (Targa Resources Corp.), Targa Resources Corp., Targa Resources Corp.

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Committee Determination. The Committee shall review the results with respect to the Performance Goal Goals and shall determine the TSR Performance Factor and the number of Vested PSUs as soon as reasonably practical. However, no PSUs or DERs shall be paid prior to such determination or the time of payment specified in the Agreement. For the sake of clarity, any exercise of discretion or adjustments made by the Committee as contemplated herein may be effectuated without your consent and will not be treated (for purposes of the Plan or this Agreement) as an amendment to the Agreement that materially reduces the benefit of the Grantee Participant without his or her consent.. Exhibit 10.9 ATTACHMENT B Restrictive Covenants

Appears in 1 contract

Samples: Grant Agreement (Atlas Energy Solutions Inc.)

Committee Determination. The Committee shall review the results with respect to the Performance Goal Goals and shall determine the TSR Performance Factor and the number of Vested PSUs as soon as reasonably practical. However, no PSUs or DERs shall be paid prior to such determination or the time of payment specified in the Agreement. For the sake of clarity, any exercise of discretion or adjustments made by the Committee as contemplated herein may be effectuated without your consent and will not be treated (for purposes of the Plan or this Agreement) as an amendment to the Agreement that materially reduces the benefit of the Grantee Participant without his or her consent.

Appears in 1 contract

Samples: Grant Agreement (Atlas Energy Solutions Inc.)

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Committee Determination. The Committee shall review the results with respect to the Performance Goal Goals and shall determine the TSR Performance Factor and the number of Vested PSUs as soon as reasonably practical. However, no PSUs or DERs shall be paid prior to such determination or the time of payment specified in the Agreement. For the sake of clarity, any exercise of discretion or adjustments made by the Committee as contemplated herein may be effectuated without your consent and will not be treated (for purposes of the Plan or this Agreement) as an amendment to the Agreement that materially reduces the benefit of the Grantee Participant without his or her consent.. Exhibit 10.8 ATTACHMENT B Restrictive Covenants

Appears in 1 contract

Samples: Grant Agreement (Atlas Energy Solutions Inc.)

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