Performance Stock Unit Vesting Clause Samples

Performance Stock Unit Vesting. A pro-rata portion of Employee’s outstanding Performance Stock Unit (“PSU”) awards, based on the number of full quarters employed with the Company during the performance period of each such award, shall remain eligible to vest, but shall otherwise remain subject to increase or decrease based on the Company’s performance compared to each award’s metrics, and any PSUs that vest pursuant to such awards shall be payable in shares of Company stock on the applicable vesting date on which they otherwise would have been paid.