Term of Restriction. (a) Subject to the forfeiture provisions of Paragraph 4 of this Agreement, the Restrictions shall lapse with respect to the Deferred Salary on the December 31, 2011 if (i) the Employee is an employee of the Corporation or a consultant to the Corporation on December 31, 2011, if a business day and, if not a business day, on the business day next preceding December 31, 2011 and (ii) the Committee determines the Performance Criteria for 2011 will have been met.
Appears in 1 contract
Samples: Performance Equity Payment Program Deferred Salary Agreement (Allegheny Technologies Inc)
Term of Restriction. (a) Subject to the forfeiture provisions of Paragraph 4 of this Agreement, the Restrictions shall lapse with respect to the Deferred Salary on the December 31, 2011 2010 if (i) the Employee is an employee of the Corporation or a consultant to the Corporation on December 31, 20112010, if a business day and, if not a business day, on the business day next preceding December 31, 2011 2010 and (ii) the Committee determines the Performance Criteria for 2011 2010 will have been met.
Appears in 1 contract
Samples: Performance Equity Payment Program Deferred Salary Agreement (Allegheny Technologies Inc)
Term of Restriction. (a) Subject to the forfeiture provisions of Paragraph 4 of this Agreement, the Restrictions shall lapse with respect to the Deferred Salary Shares Subject to Restrictions on the December 31, 2011 2010 if (i) the Employee is an employee of the Corporation or a consultant to the Corporation on December 31, 20112010, if a business day and, if not a business day, on the business day next preceding December 31, 2011 2010 and (ii) the Committee determines the Performance Criteria for 2011 2010 will have been met.
Appears in 1 contract
Samples: Restricted Stock Agreement (Allegheny Technologies Inc)
Term of Restriction. (a) Subject to the forfeiture provisions of Paragraph 4 of this Agreement, the Restrictions shall lapse with respect to the Deferred Salary Shares Subject to Restrictions on the December 31, 2011 if (i) the Employee is an employee of the Corporation or a consultant to the Corporation on December 31, 2011, if a business day and, if not a business day, on the business day next preceding December 31, 2011 and (ii) the Committee determines the Performance Criteria for 2011 will have been met.
Appears in 1 contract
Samples: Program Restricted Stock Agreement (Allegheny Technologies Inc)