Number of Performance Shares. Subject to the terms and conditions of this Agreement and the Plan, the Company grants to the Grantee an Award of 19,135 Performance Shares (as defined in the Plan) subject to vesting under Section 2 (the “Stretch Performance Shares” or “Performance Shares”). The price of the Performance Shares granted shall be determined using the closing price of a Share on the date immediately preceding the Date of Grant.
Number of Performance Shares. The number of Performance Shares that the Grantee may earn hereunder will be determined in accordance with the provisions of Exhibit A, which is attached to and forms a part of this Agreement.
Number of Performance Shares. [MAX_SHARES] (also referred to as restricted stock units)
Number of Performance Shares. Subject to the terms and conditions of this Agreement and the Plan, the Company grants to the Grantee an Award of (i) ________ Performance Shares subject to vesting under Section 2(a) [(the “Target Performance Shares”), and (ii) ________ Performance Shares subject to vesting under Section 2(b) (the “Stretch Performance Shares” and, together with the Target Performance Shares,] the “Performance Shares”).
Number of Performance Shares. The number of Performance Shares (2013 LTI Grant) indicated on the top of the first page of this Agreement has been determined by multiplying each Performance Share subject to your Prior Award by a fraction, the numerator of which is the average of the closing price on The New York Stock Exchange of one ADR or BDR, as applicable, representing one ordinary share of ING Group, for each of the five trading days immediately preceding the date of the closing of the IPO and the denominator of which is the price to the public (as specified on the cover of the final IPO-related prospectus) of one share of common stock of ING U.S. in the IPO. To the extent the calculation did not result in a whole number, the figure was rounded up to avoid fractional shares.
Number of Performance Shares. The number of Performance Shares of your Initial Grant in which you will vest, if any, shall be determined based one-half on the Cumulative Operating Income of the Company and one-half on the Company’s Total Shareholder Return relative to the Total Shareholder Return of our Peer Group (defined below), each over the Performance Measurement Period as illustrated in the schedules set forth below. The “Performance Measurement Period” means the period beginning on January 1, 2009 and ending on December 31, 2011. The maximum number of Performance Shares in which you can vest is 200% of your Initial Grant.
Number of Performance Shares. In accordance with the terms of the Plan and subject to the terms and conditions of this Agreement, the Company hereby grants to the Participant (the “Award”) an aggregate number of Performance Shares as is determined in accordance with the FY10 LIP as approved by the Compensation Committee of the Company’s Board of Directors, including any amendments thereto. Each Performance Share represents the right to receive a distribution of one share of the Company’s Common Stock, par value $.01 per share (each, a “Share”) upon such Performance Share becoming vested in accordance with Section 2.2 and 2.3.
Number of Performance Shares. Except as otherwise provided above, the number of Performance Shares of your Initial Performance Shares in which you will vest, if any, shall be determined based on the Company’s Total Shareholder Return relative to the Total Shareholder Return of the Company’s Peer Group (as identified in Exhibit B to this Agreement), over the Measurement Period as illustrated in the schedule set forth below. The “Measurement Period” means the period beginning on January 1, 2011 and ending on December 31, 2015. The maximum number of Performance Shares in which you can vest is 200% of your Initial Performance Shares.
Number of Performance Shares. [________]
Number of Performance Shares. The Target Number of Performance Shares shall be used solely to calculate the maximum number of Shares that may be issued to the Participant under this Award Agreement (“Performance-Qualified Shares”). The number of Performance-Qualified Shares to which the Participant may become entitled shall be calculated by multiplying the designated Target Number of Performance Shares by a percentage ranging from zero (0%) to [•] percent ([•]%) based on the attained level of Company performance for the Performance Period as set forth in Schedule 1 hereto. The number of Performance-Qualified Shares may exceed [•]percent ([•]%) of the Target Number of Performance Shares, based on actual performance in accordance with Schedule 1 hereto. Notwithstanding the foregoing, (i) in the event of a Change in Control during the Performance Period, the number of Performance-Qualified Shares issuable under this Award shall be determined as set forth in Section 4 below and (ii) in the event the Participant’s Service ceases prior to the Vesting Date by reason of death or Disability, the number of Performance-Qualified Shares used to determine the number of Shares issuable under Section 3(b)(ii) shall be based on the actual level of Performance Criteria attainment through the most recently completed calendar quarter prior to the date of death or Disability (or the Performance-Qualified Shares determined in accordance with Section 4 if a Change in Control occurs prior to the date of death or Disability).
