Common use of Determination of Vested Restricted Stock Units Award Amount Clause in Contracts

Determination of Vested Restricted Stock Units Award Amount. Provided the Vesting Requirements are met, the number of the Participant’s Restricted Stock Units that will become vested on the Vesting Date will be determined as follows:

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (FNB Corp/Fl/), Restricted Stock Unit Award Agreement (FNB Corp/Fl/), Restricted Stock Unit Award Agreement (FNB Corp/Fl/)

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Determination of Vested Restricted Stock Units Award Amount. Provided the Vesting Requirements are met, the number of the Participant’s Restricted Stock Units that will become vested on the Vesting Date will be determined as followsbased on EPS Growth and the Dividend Payout Ratio with 75% of the award based on EPS Growth and 25% of the award based on the Dividend Payout Ratio. The determination of the vesting amount shall be calculated individually for each component of the award and will be based on the following scale:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (FNB Corp/Fl/)

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