Cumulative Performance Period definition

Cumulative Performance Period means, as applicable (i) the period from the Grant Date to December 31, 2019, and (ii) the period from the Grant Date to December 31, 2020.

Cumulative Performance Period shall comprise the period commencing on January 1, [●] and ending on December 31, [●]. Under this Agreement, the following three Performance Periods shall apply to the Performance Goal based on Cash Flow: • The First Performance Period; • The Second Performance Period; and • The Third Performance Period.

Cumulative Performance Period means the two-year period beginning with the 2018 Fiscal Year and ending with the 2019 Fiscal Year.

Examples of Cumulative Performance Period in a sentence

• Your total Earned Performance Units, if any, will be the number of Target Performance Units that become Earned Performance Units, with 20% of the Total Target Performance Units weighted to each of the Calendar Performance Periods, and 40% of the Total Target Performance Units weighted to the Cumulative Performance Period.

• Total Shareholder Return (“TSR”) through the Calendar or Cumulative Performance Period is based on the comparison of the average closing share price for the thirty (30) business days prior to start of the applicable Calendar or Cumulative Performance Period and the average closing share price for the last thirty (30) business days in the applicable Performance Period, adjusted for dividends.

• The determination by the Committee with respect to the achievement of absolute and relative TSR will be made in the first sixty days following the end of the respective Calendar and Cumulative Performance Period after all necessary Company and peer information is available.

• Termination of your employment after the last day of the Cumulative Performance Period for any reason other than by PRGX for Cause will not result in forfeiture of the vested Performance-Based Restricted Stock Units.

• Upon the occurrence of a Change in Control, prior to the last day of the Cumulative Performance Period, the Performance-Based Restricted Stock Units shall become vested and payable on (and be paid no later than 30 days after) the Change in Control, at the Target Level set forth on Exhibit A, provided you have remained in continuous employment with PRGX from the Grant Date until the time of the Change in Control.

More Definitions of Cumulative Performance Period

Cumulative Performance Period means, the period commencing on (and including) January 1, 2021 and concluding on (and including) the earliest of (a) December 31, 2023 or (b) the date of a Change of Control.

Cumulative Performance Period means, the period commencing on (and including) January 1, 2024 and concluding on (and including) the earliest of (a) December 31, 2026 or (b) the date of a Change of Control.

Cumulative Performance Period means the [___]-year period beginning on [date] and ending on [date].

Cumulative Performance Period means, as applicable (i) the period from the Grant Date to December 31, 2022, and (ii) the period from the Grant Date to December 31, 2023. “Fiscal Year” shall mean the 12-consecutive-month period beginning on January 1 and ending on December 31, so that, by way of example, Fiscal Year 2020 shall mean the 12-consecutive-month period beginning on January 1, 2020 and ending on December 31, 2020. “Index” means the Xxxxxxx Microcap Index, as issued by Xxxxxxx Investments, Inc., or, if such Index is no longer published or the Committee determines that such Index no longer appropriately represents the Company’s peer group (as measured by market capitalization), such other index as the Committee shall determine in its sole discretion. “Performance Period” means the Annual Performance Period and/or the Cumulative Performance Period, as applicable. “Severance Period” shall mean the period following the termination of the Grantee’s employment by the Company during which the Grantee is entitled to continue to receive his or her base compensation pursuant to a written severance agreement.

Cumulative Performance Period means the [•]-year period ending [•].

Cumulative Performance Period means, with respect to the measurement of Total Return and related provisions of this Agreement, the performance period that begins January 1, 2007 and ends on the earliest of (A) December 31, 2009, (B) the date of a Change of Control or (C) the date of a Qualified Termination.

Cumulative Performance Period means, as applicable (i) the period from the January 1, 2019 to December 31, 2020, and (ii) the period from the January 1, 2020 to December 31, 2021.