Period of Restriction – Prorated Vesting. The Period of Restriction for this Award is _____ years (at least one), beginning on the date specified in part I above. After the Period of Restriction expires, the Company will determine the percentage of achievement for the Performance Measures in part I above. Based upon that determination, the Grantee will vest in a percentage of the Award of Restricted Stock in accordance with the following schedule [below is an example]:
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Itt Educational Services Inc), Restricted Stock Award Agreement (Itt Educational Services Inc)
Period of Restriction – Prorated Vesting. The Period of Restriction for this Award is _____ years (at least one), beginning on the date specified in part I above. After the Period of Restriction expires, the Company will determine the percentage of achievement for the Performance Measures in part I above. Based upon that determination, the Grantee will vest in a percentage of the Award of Restricted Stock in accordance with the following schedule [below is an example]:
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Itt Educational Services Inc)
