Common use of Performance Period and Vesting Clause in Contracts

Performance Period and Vesting. Subject to Section 3.2 herein, a percentage of the Target Award shall vest, as described below, based on the performance of the Company’s stock price over the three year period beginning on the date of grant of this award and ending on third anniversary of such date of grant (the “Performance Period”), subject to the Participant’s continued employment with the Company or any Subsidiary or Parent through the end of the Performance Period.

Appears in 5 contracts

Samples: Performance Share Units Agreement (MGM Resorts International), MGM Resorts International, MGM Resorts International

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Performance Period and Vesting. Subject to Section 3.2 herein, a percentage of the Target Award shall vest, as described below, based on the performance of the Company’s 's stock price over the three year period beginning on the date Date of grant Grant of this award and ending on third anniversary of such date Date of grant Grant (the “Performance Period”), subject to the Participant’s 's continued employment with the Company or any Subsidiary or Parent through the end of the Performance Period.

Appears in 1 contract

Samples: CST Brands, Inc.

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Performance Period and Vesting. Subject to Section 3.2 3.3 herein, a percentage of the Target Award shall vest, as described below, based on the performance of the Company’s stock price over the three year period beginning on the date of grant of this award and ending on third anniversary of such date of grant (the “Performance Period”), subject to the Participant’s continued employment with the Company or any Subsidiary or Parent through the end of the Performance Period.

Appears in 1 contract

Samples: Share Units Agreement (MGM Resorts International)

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