Performance Vesting (TSR) Sample Clauses
Performance Vesting (TSR). On December 31, 2017 (the “TSR Vesting Date”, together with the EBITDA Vesting Dates and the Time Vesting Dates, each a “Vesting Date”), subject to the Grantee’s continued employment with the Company or any of its Subsidiaries through such date, a percentage of the TSR Performance RSUs shall vest and no longer be subject to cancellation pursuant to Section 3 based on the extent to which the TSR target for the period beginning on January 1, 2015 through December 31, 2017 (the “Performance Period”) is attained, as set forth on Appendix B (the cumulative target, the “Three-Year TSR Target”). The vesting of the TSR Performance RSUs shall be subject to the certification by the Committee of the extent to which the Three-Year TSR Target has been achieved.
