Common use of Time and Performance Requirements Clause in Contracts

Time and Performance Requirements. Subject to the forfeiture and accelerated vesting provisions set forth in Section 4 hereof, the Target Amount shall become vested in shares of F.N.B. common stock and shall become deliverable in the amount described in Section 3(b) hereof (provided such delivery is otherwise in accordance with federal and state laws) to the Participant on March 1, 2013 (“Vesting Date”), provided each of the following three vesting requirements set forth in Section 3(a)(i)(1), (2) and (3) below, are satisfied, which shall hereinafter be referred to as the “Vesting Requirements.”

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (FNB Corp/Fl/), Restricted Stock Unit Award Agreement (FNB Corp/Fl/)

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Time and Performance Requirements. Subject to the forfeiture and accelerated vesting provisions set forth in Section 4 hereof, the Target Amount shall become vested in shares of F.N.B. common stock and shall become deliverable in the amount described in Section 3(b) hereof (provided such delivery is otherwise in accordance with federal and state laws) to the Participant on March 1, 2013 2012 ("Vesting Date"), provided each of the following three vesting requirements set forth in Section 3(a)(i)(1), (2) and (3) below, are satisfied, which shall hereinafter be referred to as the "Vesting Requirements."

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (FNB Corp/Fl/), Restricted Stock Unit Award Agreement (FNB Corp/Fl/)

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