We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Service Vesting Clause in Contracts

Service Vesting. Subject to the Participant’s continuous employment with the Company through the last day of the Performance Period and subject to the certification by the Committee of the performance levels achieved, as set forth in Exhibit A, the Participant shall become vested in the number of Performance Units that are earned. Performance Units that have vested in accordance with this Section 2 are referred to herein as “Vested Units.” Performance Units that are not vested are referred to herein as “Unvested Units.”

Appears in 5 contracts

Samples: Performance Award Agreement (Dine Brands Global, Inc.), Performance Award Agreement, Performance Award Agreement (Dine Brands Global, Inc.)

Service Vesting. Subject to the Participant’s continuous employment with the Company through the last day of the Performance Period and subject to the certification by the Committee of the performance levels level achieved, as set forth in Exhibit A, the Participant shall become vested in the number of Performance Units that are earned. Performance Units that have vested in accordance with this Section 2 are referred to herein as “Vested Units.” Performance Units that are not vested are referred to herein as “Unvested Units.”

Appears in 2 contracts

Samples: Performance Award Agreement (Dine Brands Global, Inc.), Performance Award Agreement (DineEquity, Inc)

Service Vesting. Subject to the Participant’s 's continuous employment with the Company through the last day of the Performance Period and subject to the certification by the Committee of the performance levels level achieved, as set forth in Exhibit A, the Participant shall become vested in the number of Performance Units that are earned. Performance Units that have vested in accordance with this Section 2 are referred to herein as “Vested Units.” Performance Units that are not vested are referred to herein as “Unvested Units.”

Appears in 1 contract

Samples: Performance Unit Award Agreement (DineEquity, Inc)