Prorated Vesting upon Retirement or Termination by the Company for Other than Cause. The prorated portion of the TSR Award that vests due to termination of Employee’s employment due to retirement or termination by the Company for reasons other than Cause shall be determined by multiplying (i) the TSR Performance Shares that would have been vested based on the Company’s TSR for the entire Performance Period relative to the TSR for each of the Peer Group Companies (as weighted in accordance with Section 2.1(d)) for the entire Performance Period, by (ii) a fraction, the numerator of which is the number of days that Employee was continually employed since the beginning of the Performance Period and the denominator of which is 1,095. For this purposes, full months of employment shall be based on monthly anniversaries of the commencement of the Performance Period.
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Samples: TSR Award Agreement (Covanta Holding Corp), TSR Award Agreement (Covanta Holding Corp)
Prorated Vesting upon Retirement or Termination by the Company for Other than Cause. The prorated portion of the TSR Award that vests due to termination of Employee’s employment due to retirement or termination by the Company for reasons other than Cause shall be determined by multiplying (i) the TSR Performance Shares that would have been vested based on the Company’s TSR for the entire Performance Period (as shortened by the retirement or termination for reasons other than Cause) relative to the TSR for each of the Peer Group Companies (as weighted in accordance with Section 2.1(d)) Exhibit A hereto for the entire shortened Performance Period, by (ii) a fraction, the numerator of which is the number of days that Employee was continually employed since the beginning of the Performance Period and the denominator of which is 1,095. For this purposes, full months of employment shall be based on monthly anniversaries of the commencement of the Performance Period.
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Prorated Vesting upon Retirement or Termination by the Company for Other than Cause. The prorated portion of the TSR Award that vests due to termination of Employee’s 's employment due to retirement or termination by the Company for reasons other than Cause shall be determined by multiplying (i) the TSR Performance Shares that would have been vested based on the Company’s 's TSR for the entire Performance Period relative to the TSR for each of the Peer Group Companies (as weighted in accordance with Section 2.1(d)) for the entire Performance Period, by (ii) a fraction, the numerator of which is the number of days that Employee was continually employed since the beginning of the Performance Period and the denominator of which is 1,095. For this purposes, full months of employment shall be based on monthly anniversaries of the commencement of the Performance Period.
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Prorated Vesting upon Retirement or Termination by the Company for Other than Cause. The prorated portion of the TSR Award that vests due to termination of Employee’s employment due to retirement or termination by the Company for reasons other than Cause or by the Employee for Good Reason (as defined in the Continuity Plan) shall be determined by multiplying (i) the TSR Performance Shares that would have been vested based on the Company’s TSR for the entire Performance Period relative to the TSR for each of the Peer Group Companies (as weighted in accordance with Section 2.1(d)) Xxxxxxx 2000 Index for the entire Performance Period, by (ii) a fraction, the numerator of which is the number of days that Employee was continually employed since the beginning of the Performance Period and the denominator of which is 1,095. For this purposes, full months of employment shall be based on monthly anniversaries of the commencement of the Performance Period1,096.
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Samples: TSR Performance Award Agreement (Real Industry, Inc.)
Prorated Vesting upon Retirement or Termination by the Company for Other than Cause. The prorated portion of the TSR Award that vests due to termination of Employee’s employment due to retirement or termination by the Company for reasons other than Cause shall be determined by multiplying (i) the TSR Performance Shares that would have been vested based on the Company’s TSR for the entire Performance Period relative to the TSR for each of the Peer Group Companies (as weighted in accordance with Section 2.1(d)Exhibit A hereto) for the entire Performance Period, by (ii) a fraction, the numerator of which is the number of days that Employee was continually employed since the beginning of the Performance Period and the denominator of which is 1,095. For this purposes, full months of employment shall be based on monthly anniversaries of the commencement of the Performance Period.
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