Performance-Based Vesting. All of the PRSUs are nonvested and forfeitable as of the Grant Date. Subject to the satisfaction of the time-based vesting conditions under Section 3(a)(ii) hereof, and except as set forth in Sections 3(b) and 3(c) hereof, the PRSUs shall conditionally vest as follows:
Appears in 3 contracts
Samples: Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp)
Performance-Based Vesting. All of the PRSUs are nonvested and forfeitable as of the Grant Date. Subject to the satisfaction of the time-based vesting conditions condition under Section 3(a)(ii) hereof, and except as set forth in Sections 3(b) and 3(c) hereof, the PRSUs shall conditionally vest (i.e., satisfy the performance-based vesting conditions) as follows:
Appears in 3 contracts
Samples: Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp)
Performance-Based Vesting. All of the PRSUs are nonvested and forfeitable as of the Grant Date. Subject to the satisfaction of the time-based vesting conditions under Section 3(a)(ii) hereof, and except as set forth in Sections 3(b) and 3(c) hereof, the PRSUs shall conditionally vest as follows, subject to the Participant’s continued employment with the Company or any of its Subsidiaries through the date the PRSU vests and, as set forth in Section 3(a)(ii) hereof:
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp)
Performance-Based Vesting. All of the PRSUs are nonvested and forfeitable as of the Grant Date. Subject to the satisfaction of the time-based vesting conditions under Section 3(a)(ii) hereof, and except as set forth in Sections 3(b) and 3(c) hereof, the PRSUs shall conditionally vest as follows, subject to the Participant’s continued employment with the Company or any of its Subsidiaries as of each vesting date, as set forth in Section 3(a)(ii) hereof:
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp)
Performance-Based Vesting. All of the PRSUs are nonvested and forfeitable as of the Grant Date. Subject to the satisfaction of the time-based vesting conditions condition under Section 3(a)(ii) hereof, and except as set forth in Sections 3(b) and 3(c) hereof, the PRSUs shall conditionally vest satisfy the performance-based vesting condition as follows:
Appears in 1 contract
Samples: Performance Restricted Stock Unit Agreement (Masonite International Corp)