Determination of Final Value. As soon as practicable following the completion of the Performance Period applicable to a Performance Award, the Committee shall certify in writing the extent to which the applicable Performance Goals have been attained and the resulting final value of the Award earned by the Participant and to be paid upon its settlement.
Section # Determination of Final Value.Value and Certification of Attainment of Performance Goals. As soon as practicable following the completion of the Performance Period applicable to a Performance Award,Grant, the Committee shall certify in writing the extent to which the applicable Performance Goals have been attained and the resulting final valuevalues of the AwardGrant earned by the ParticipantGrantee and to be paidpaid/delivered upon its settlement.settlement in accordance with the terms of the Grant Agreement. No Grants will be paid for such Performance Period until such certification is made by the Committee. The Committee may rely on others as the basis for its certification, so long as such reliance is reasonable under the circumstances.
Determination of Final Value. As soon as reasonably practicable following the completionend of the Performance Period applicable to a Performance Award,Year, the Committee shall certify in writingdetermine to what extent the extent to which the applicable Performance Goals applicable to each Award have been attainedattained, and in each case shall determine the resulting final valueFinal Award. In the event that a Participant has transferred from one position to another during the Performance Year, the Committee may make appropriate adjustments to the Final Award, including adjustments to the combination of Performance Goals applied in determining the Award earned by the Participant and to be paid upon its settlement.Final Award.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.