Common use of Determination of Vesting Date Events Clause in Contracts

Determination of Vesting Date Events. As soon as practicable following the end of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the methodology described in the next section below. The Company’s Operational Performance Results will determine the number of Target Units that will vest or be forfeited on the Vesting Date, and the number of Additional Shares, if any, that will be issued to the Participant on the Vesting Date, as described below under “Vesting Determination.”

Appears in 6 contracts

Samples: Performance Share Unit Award Agreement (KEMPER Corp), Performance Share Unit Award Agreement (KEMPER Corp), Performance Share Unit Award Agreement (KEMPER Corp)

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Determination of Vesting Date Events. As soon as practicable following the end of the Performance Period (but in any event no later than sixty (60) days following the end of the Performance Period), the Committee will determine the Company’s Operational Performance Results in accordance with the methodology described in the next section below. The Company’s Operational Performance Results will determine the number of Target Units that will vest or be forfeited on the Vesting Date, and the number of Additional Shares, if any, that will be issued to the Participant on the Vesting Date, as described below under “Vesting Determination.”

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp)

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Determination of Vesting Date Events. As soon as practicable following the end of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the methodology described in the next section below. The Company’s Operational Performance Results will determine the number of Target Units Shares that will vest or be forfeited on the Vesting Date, and the number of Additional Shares, if any, that will be issued to the Participant Award Holder on the Vesting Date, as described below under “Vesting Determination.”

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp), Performance Based Restricted Stock Unit Award Agreement (KEMPER Corp)

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