Performance Based Vesting Condition. The Performance Condition will be met if during any 90-consecutive-calendar-day period falling within the Award Period (as defined below), the reported closing price of the Company’s Shares averages $65.00 per Share. Meeting of the Performance Condition is subject to certification by the Committee that the foregoing performance criteria have been established and the Performance Condition applicable to the Restricted Stock has been met on the date as of which such certification is made. The Restricted Stock will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met by the end of the Award Period. The “Award Period” is the period beginning on the Grant Date and ending on the fifth anniversary of the Grant Date.
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Samples: Restricted Stock Award Agreement (Worthington Industries Inc), Restricted Stock Award Agreement (Worthington Industries Inc), Restricted Stock Award Agreement (Worthington Industries Inc)
Performance Based Vesting Condition. The Performance Condition will be met if during any 9030-consecutive-calendarcalander-day period falling within the Award Period (as defined below), the reported closing price of the Company’s 's Shares averages equals or exceeds $65.00 60.00 per Share. Meeting of the Performance Condition is subject to certification by the Committee that the foregoing performance criteria have been established and the Performance Condition applicable to the Restricted Stock has have been met on the date as of which such certification is made. The Restricted Stock will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met by the end of the Award Period. The “"Award Period” " is the period beginning on the Grant Date and ending on the fifth sixth anniversary of the Grant Date.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Worthington Industries Inc)
Performance Based Vesting Condition. The Performance Condition will be met if during any 90-consecutive-calendarcalander-day period falling within the Award Period (as defined below), the reported closing price of the Company’s 's Shares averages equals or exceeds $65.00 per Share. Meeting of the Performance Condition is subject to certification by the Committee that the foregoing performance criteria have been established and the Performance Condition applicable to the Restricted Stock has have been met on the date as of which such certification is made. The Restricted Stock will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met by the end of the Award Period. The “Award Period” is the period beginning on the Grant Date and ending on the fifth anniversary of the Grant Date.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Worthington Industries Inc)
Performance Based Vesting Condition. The Performance Condition will be met if during any 90-consecutive-calendar-day period falling within the Award Period (as defined below), the reported closing price of the Company’s Shares averages $65.00 ________ per Share. Meeting of the Performance Condition is subject to certification by the Committee that the foregoing performance criteria have been established and the Performance Condition applicable to the Restricted Stock has been met on the date as of which such certification is made. The Restricted Stock will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met by the end of the Award Period. The “Award Period” is the period beginning on the Grant Date and ending on the fifth ______ anniversary of the Grant Date.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Worthington Steel, Inc.)
Performance Based Vesting Condition. The Performance Condition will be met if during any 90-consecutive-calendarcalander-day period falling within the Award Period (as defined below), the reported closing price of the Company’s 's Shares averages equals or exceeds $65.00 per Share. Meeting of the Performance Condition is subject to certification by the Committee that the foregoing performance criteria have been established and the Performance Condition applicable to the Restricted Stock has have been met on the date as of which such certification is made. The Restricted Stock will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met by the end of the Award Period. The “"Award Period” " is the period beginning on the Grant Date and ending on the fifth anniversary of the Grant Date.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Worthington Industries Inc)
Performance Based Vesting Condition. The Performance Condition will be met if during any 90-consecutive-calendarcalander-day period falling within the Award Period (as defined below), the reported closing price of the Company’s Shares averages equals or exceeds $65.00 per Share. Meeting of the Performance Condition is subject to certification by the Committee that the foregoing performance criteria have been established and the Performance Condition applicable to the Restricted Stock has have been met on the date as of which such certification is made. The Restricted Stock will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met by the end of the Award Period. The “Award Period” is the period beginning on the Grant Date and ending on the fifth anniversary of the Grant Date.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Worthington Industries Inc)