Common use of Performance-Based RSUs Clause in Contracts

Performance-Based RSUs. For each twelve (12)-month period ending December 31, 201x, 201x and 201x, the Board of Directors will approve an annual return on equity target (each, an “Annual Performance Target”). Subject to the Company achieving such Annual Performance Targets, on an average basis over the three (3)-year period ending December 31, 201x (the “Performance Period” and such average attainment the “Total Performance Target”), the Performance-Based RSUs shall vest pursuant to the following terms and no longer be subject to cancellation pursuant to Section 4 or the transfer restrictions set forth in Section 7 hereof:

Performance-Based RSUs. For each twelve (12)-month period ending December 31, 201x20__, 201x 20__ and 201x20__, the Board of Directors will approve an annual return on equity target (each, an “Annual Performance Target”). Subject to the Company achieving such Annual Performance Targets, on an average basis over the three (3)-year period ending December 31, 201x 20__ (the “Performance Period” and such average attainment the “Total Performance Target”), the Performance-Based RSUs shall vest pursuant to the following terms and no longer be subject to cancellation pursuant to Section 4 or the transfer restrictions set forth in Section 7 hereof:

Performance-Based RSUs. For each twelve (12)-month period ending December 31, 201x_______, 201x _______ and 201x_______, the Board of Directors will approve an annual return on equity target (each, an “Annual Performance Target”). Subject to the Company achieving such Annual Performance Targets, on an average basis over the three (3)-year period ending December 31, 201x _______ (the “Performance Period” and such average attainment the “Total Performance Target”), the Performance-Based RSUs shall vest pursuant to the following terms and no longer be subject to cancellation pursuant to Section 4 or the transfer restrictions set forth in Section 7 hereof:

Performance-Based RSUs. For each twelve (12)-month period ending December 31, 201x2014, 201x 2015 and 201x2016, the Board of Directors will approve an annual return on equity target (each, an “Annual Performance Target”). Subject to the Company achieving such Annual Performance Targets, on an average basis over the three (3)-year period ending December 31, 201x 2016 (the “Performance Period” and such average attainment the “Total Performance Target”), the Performance-Based RSUs shall vest pursuant to the following terms and no longer be subject to cancellation pursuant to Section 4 or the transfer restrictions set forth in Section 7 hereof: