Common use of Sign-on PSU Award Clause in Contracts

Sign-on PSU Award. i. If the Date of Termination is during a Performance Period, then the applicable Sign-on PSU Award shall be eligible for full vesting and settlement, at the end of the applicable Performance Period based on actual performance through the entire Performance Period; ii. If the Date of Termination occurs following the expiration of an applicable Performance Period, then the portion of the applicable Sign-On PSU Award earned based on actual performance during the Performance Period shall immediately vest and be settled; iii. If the Date of Termination occurs following a Change in Control, then each Sign-On PSU Award shall immediately vest in full (to the extent earned in accordance with Section 4.1.2.c.iv) and be settled.

Sign-on PSU Award. i. If the Date of Termination is during a Performance Period, then the applicable Sign-on PSU Award shall be eligible for full vesting and settlement, at the end of the applicable Performance Period based on actual performance through the entire Performance Period; ii. If the Date of Termination occurs following the expiration of an applicable Performance PeriodPeriod (but prior to the date the Sign-on PSU is otherwise settled in accordance with its terms), then the portion of the applicable Sign-On on PSU Award earned based on actual performance during the Performance Period shall immediately vest and be settled; iii. If the Date of Termination occurs following a Change in Control, then each Sign-On PSU Award shall immediately vest in full (to the extent earned in accordance with Section 4.1.2.c.iv) and be settled.