Market Value Appreciation. The Market Value Appreciation performance criteria shall be satisfied upon the applicable Performance Vesting Date as to that percentage of the Shares that is subject to vesting on such Performance Vesting Date (to the extent not previously vested or forfeited) determined in accordance with the table set forth below, with the percentage of the applicable Shares to become vested based on any Fair Market Value between any two values specified in the table to be determined by linear interpolation: Fair Market Value Per Share Percentage Vested $10 or less 0% $13 20% $16 40% $17.50 50% $19 60% $22 80% $25 or more 100%
Appears in 4 contracts
Samples: Cash Retention Award and Restricted Stock Agreement (Mbia Inc), Cash Retention Award and Restricted Stock Agreement (Mbia Inc), Cash Retention Award and Restricted Stock Agreement (Mbia Inc)
