Common use of Scheduled Vesting Clause in Contracts

Scheduled Vesting. The number of Units that have been earned during the Performance Period will be eligible to vest on the Scheduled Vesting Date, so long as your employment has been continuous since the Grant Date through the last day of the Performance Period. The actual number of earned Units that will vest on the Scheduled Vesting Date will be determined by the Committee as provided in Exhibit A. For these purposes, the “Scheduled Vesting Date” means the date the Committee certifies (i) the degree to which the applicable performance goals for the Performance Period have been satisfied and (ii) the number of Units that have been earned and will vest as determined in accordance with Exhibit A, which certification shall occur no later than March 15 of the calendar year immediately following the calendar year during which the Performance Period ended.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Polaris Inc.), Restricted Stock Unit Award Agreement (Polaris Inc.), Restricted Stock Unit Award Agreement (Polaris Inc.)

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Scheduled Vesting. The number of Units that have been earned during the Performance Period will be eligible to vest on the Scheduled Vesting Date, so long as your employment has been continuous since the Grant Date through the last day of the Performance Period. The actual number of earned Units that will vest on the Scheduled Vesting Date will be determined by the Committee as provided in Exhibit A. For these purposes, the “Scheduled Vesting Date” means the date the Committee certifies (i) the degree to which the applicable performance goals for the Performance Period have been satisfied and (ii) the number of Units that have been earned and will vest as determined in accordance with Exhibit A, which certification shall occur after the end of the Performance Period but no later than March 15 of the calendar year immediately following the calendar year during which the Performance Period ended.

Appears in 3 contracts

Samples: Units Award Agreement (Polaris Inc.), Units Award Agreement (Polaris Inc.), Units Award Agreement (Polaris Inc.)

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Scheduled Vesting. The number of Units that have been earned during the Performance Period will shall be eligible to vest on the Scheduled Vesting Date, so long as your employment has been continuous since the Grant Date through the last day of the Performance PeriodDate. The actual number of earned Units that will vest on the Scheduled Vesting Date will be determined by the Committee as provided in Exhibit A. For these purposes, the “Scheduled Vesting Date” means the date the Committee certifies (i) the degree to which the applicable performance goals for the Performance Period have been satisfied and satisfied, (ii) the number of Units that have been earned during the Performance Period as provided in Exhibit A, and (iii) the number of Units that will vest as determined in accordance with Exhibit A, which certification shall occur no later than March 15 of the calendar year immediately following the calendar year during which the Performance Period ended.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Polaris Industries Inc/Mn), Restricted Stock Unit Award Agreement (Polaris Industries Inc/Mn)

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