Common use of Time-Based Vesting Condition Clause in Contracts

Time-Based Vesting Condition. The Time Based Vesting Condition will be met on the third annual anniversary of the Grant Date (June 25, 2023) or if later the date the Performance Condition is met; provided that the Participant has continuously remained an employee of the Company or a subsidiary of the Company (collectively, the “Worthington Companies”) through such date.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Worthington Industries Inc), Restricted Stock Award Agreement (Worthington Industries Inc)

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Time-Based Vesting Condition. The Time Based Vesting Condition will be met on the third annual anniversary of the Grant Date (June 25, 2023) or if later the date the Performance Condition is met); provided that the Participant has continuously remained an employee of the Company or a subsidiary of the Company (collectively, the “Worthington Companies”) through such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Worthington Industries Inc)

Time-Based Vesting Condition. The Time Based Vesting Condition will be met on the third annual anniversary of the Grant Date (June 25, 2023________________) or if later the date the Performance Condition is met; provided that the Participant has continuously remained an employee of the Company or a subsidiary of the Company (collectively, the “Worthington Companies”) through such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Worthington Steel, Inc.)

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Time-Based Vesting Condition. The Time Based Vesting Condition will be met on the third annual anniversary of the Grant Date (June 2524, 20232025) or if later the date the Performance Condition is met; provided that the Participant has continuously remained an employee of the Company or a subsidiary of the Company (collectively, the “Worthington Companies”) through such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Worthington Industries Inc)

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