Common use of Time-Based Vesting Requirements Clause in Contracts

Time-Based Vesting Requirements. Except as otherwise described in the Agreement, your Retention Shares will vest as follows: Retention Vesting Date Vesting Percentage December 31, 2016 33 % December 31, 2017 33 % December 31, 2018 34 % The resulting aggregate number of vested Retention Shares will be rounded down to the nearest whole number as to each Retention Vesting Date, and you cannot vest in more than the number of Retention Shares set forth on the cover sheet. EXHIBIT B LONG-TERM INCENTIVE AND RETENTION EQUITY AWARD AGREEMENT NUMBER AND VESTING OF PERFORMANCE SHARES The Performance Shares are subject to both the Performance-Based Vesting Requirements and Time-Based Vesting Requirements set forth below.

Time-Based Vesting Requirements. Except as otherwise described in the Agreement, your Retention Shares will vest as follows: Retention Vesting Date Vesting Percentage December 31, 2016 2018 33 % December 31, 2017 2019 33 % December 31, 2018 2020 34 % The resulting aggregate number of vested Retention Shares will be rounded down to the nearest whole number as to each Retention Vesting Date, and you cannot vest in more than the number of Retention Shares set forth on the cover sheet. EXHIBIT B LONG-TERM INCENTIVE AND RETENTION EQUITY AWARD AGREEMENT NUMBER AND VESTING OF PERFORMANCE SHARES The Performance Shares are subject to both the Performance-Based Vesting Requirements and Time-Based Vesting Requirements set forth below.

Time-Based Vesting Requirements. Except as otherwise described in the Agreement, subject to your continued Service through each applicable Retention Vesting Date, your Retention Shares will vest as follows: Retention Vesting Date Vesting Percentage December 31, 2016 33 % December 31, 2017 33 % December 31, 2018 34 % [Date] [33%] [Date] [33%] [Date] [34%] The resulting aggregate number of vested Retention Shares will be rounded down to the nearest whole number as to each Retention Vesting Date, and you cannot vest in more than the number of Retention Shares set forth on the cover sheet. EXHIBIT B LONG-TERM INCENTIVE AND RETENTION EQUITY AWARD AGREEMENT NUMBER AND VESTING OF PERFORMANCE SHARES The Performance Shares are subject to both the Performance-Based Vesting Requirements and Time-Based Vesting Requirements set forth below.

Time-Based Vesting Requirements. Except as otherwise described in the Agreement, your Retention Shares will vest as follows: Retention Vesting Date Vesting Percentage December 31, 2016 33 % December 31, 2017 33 33% December 31, 2018 34 33% December 31, 2019 34% The resulting aggregate number of vested Retention Shares will be rounded down to the nearest whole number as to each Retention Vesting Date, and you cannot vest in more than the number of Retention Shares set forth on the cover sheet. EXHIBIT B LONG-TERM INCENTIVE AND RETENTION EQUITY AWARD AGREEMENT NUMBER AND VESTING OF PERFORMANCE SHARES The Performance Shares are subject to both the Performance-Based Vesting Requirements and Time-Based Vesting Requirements set forth below.