Common use of Number of Units Vesting Clause in Contracts

Number of Units Vesting. The number of Restricted Stock Units (if any) that vest in connection with the Award will be determined by application of the following formula: Number of Units Vesting = Target Award Units (plus related Dividend Equivalent Units) x Performance Factor

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Progressive Corp/Oh/), Restricted Stock Unit Award Agreement (Progressive Corp/Oh/), Restricted Stock Unit Award Agreement (Progressive Corp/Oh/)

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Number of Units Vesting. The number of Restricted Stock Units (if any) that vest in connection with the Award will be determined by application of the following formula: Number of Units Vesting = Target Initial Award Units (plus related Dividend Equivalent Units) Value x Performance Factor

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Progressive Corp/Oh/), Restricted Stock Unit Award Agreement (Progressive Corp/Oh/), Restricted Stock Unit Award Agreement (Progressive Corp/Oh/)

Number of Units Vesting. The number of Restricted Stock Units (if any) that vest in connection with the Award will be determined by application of the following formula: Number of Units Vesting = Target Award Units (plus related Dividend Equivalent Units) x Performance Factor

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Progressive Corp/Oh/), Restricted Stock Unit Award Agreement (Progressive Corp/Oh/), Restricted Stock Unit Award Agreement (Progressive Corp/Oh/)

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Number of Units Vesting. The number of Restricted Stock Units (if any) that vest in connection with the Award will be determined by application of the following formula: Number of Units Vesting = Target Award Units (plus related Dividend Equivalent Units) x Performance Factor:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Progressive Corp/Oh/)

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