Examples of First Grant Year in a sentence
The 5,000 Performance Shares that were not deemed Earned Performance Shares with respect to the First Grant Year would be carried over to the Second Grant Year for possible vesting in accordance with Section 4(b).
The $4,000 that was not deemed Earned Cash Amount with respect to the First Grant Year would be carried over to the Second Grant Year for possible vesting and payment in accordance with Section 5(b).
In accordance with the Municipal Code, the City will reimburse a developer for the cost difference for oversizing the water main to a 16-inch pipe, consistent with the Water Master Plan.
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At the conclusion of the First Grant Year, all or a portion of the Performance Shares will be eligible for vesting based upon the achievement by Health Management of the Adjusted EBITDA Requirement during the First Grant Year.
At the conclusion of the First Grant Year, all or a portion of the Cash Performance Award will be eligible for vesting and payment based upon the achievement by Health Management of the Adjusted EBITDA Requirement during the First Grant Year.
As soon as practicable following the end of the First Grant Year (and if applicable, the Second Grant Year), the Committee will determine and certify in writing if the Adjusted EBITDA Requirement was satisfied, and the Earned Performance Shares (and if applicable, the Additional Earned Performance Shares) and the Earned Cash Amount (and if applicable, the Additional Earned Cash Amount), if any, to be vested and paid based on the certified levels of performance.
In classical physics, the Lagrangian of a system with (generalized) coordinates xi, x˙i (i = 1, .
As soon as practicable following the end of the First Grant Year (and any Subsequent Grant Year, with respect to amount that may become vested pursuant to Sections 2(b)(iii) or 2(c)(iii)), the Committee shall determine and certify in writing if and the extent to which the Performance Requirements were satisfied, and the number of shares of Common Stock underlying the Restricted Stock Award that vest and the amount of the Cash Award to be paid, in each case based upon the certified levels of performance.
By way of example only, if in the First Grant Year no portion of the EBITDA Requirement was met, 50% of the Maximum Annual Eligible Performance Shares for the First Grant Year would not be deemed to Earned Annual Performance Shares and would instead be carried over to the second Grant Year.