Prorated Vesting. The Performance Period for this Option is _____ years (at least one), beginning on the date specified in part I above. After the Performance Period expires, the Committee 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 Shares subject to this Option in accordance with the following schedule [below is an example]:
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Interactive Intelligence Group, Inc.), Nonqualified Stock Option Agreement (Itt Educational Services Inc), Nonqualified Stock Option Agreement (Interactive Intelligence Inc)
Prorated Vesting. The Performance Period for this Option is _____ years (at least one), beginning on the date specified in part I above. After the Performance Period expires, the Committee 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 Shares subject to this Option in accordance with the following schedule [below is an example]:: Below 85% 0 % At least 85% but less than 90% 25 % At least 90% but less than 95% 50 % At least 95% but less than 100% 75 % At least 100% 100 %
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Itt Educational Services Inc), Nonqualified Stock Option Agreement (Itt Educational Services Inc)
Prorated Vesting. The Performance Period for this Option is _____ years (at least one), beginning on the date specified in part I above. After the Performance Period expires, the Committee 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 Shares subject to this Option in accordance with the following schedule [below is an example]:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Itt Educational Services Inc)
