Common use of Alternative Vesting of PRSUs Clause in Contracts

Alternative Vesting of PRSUs. Notwithstanding the provisions of Section 3 of this Agreement, and subject to the payment provisions of Section 6 hereof, Grantee shall Vest in some or all of the PRSUs under the following circumstances:

Appears in 10 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Timken Co), Performance Based Restricted Stock Unit Agreement (Timken Co), Performance Based Restricted Stock Units Agreement (Timken Co)

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Alternative Vesting of PRSUs. Notwithstanding the provisions of Section 3 of this Agreement, and subject to the payment provisions of Section 6 hereof, Grantee shall Vest in some or all of the PRSUs will Vest under the following circumstances:

Appears in 8 contracts

Samples: Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

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Alternative Vesting of PRSUs. Notwithstanding the provisions of Section 3 of this Agreement, and subject to the payment provisions of Section 6 hereof, in the event of the circumstances described below, Grantee shall will Vest in some or all of the PRSUs under the following circumstancesas follows:

Appears in 1 contract

Samples: Performance Based Restricted Stock Units Agreement (Timken Co)

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