TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ], and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 2020, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 2 contracts
Samples: Restricted Unit Agreement, Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ], and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]. Subject to Section C, on the Vesting second (2nd) anniversary of the Grant Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 2020Percentage, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 2 contracts
Samples: Management Agreement, Management Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]61,185, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]122,370. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of on March 3129, 20202019, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]52,431, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]104,862. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 20202024, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]147,300, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]294,600. Subject to Section C, on the Performance Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 2020the Performance Measurement Date, rounded down to the nearest whole TSR Performance-Based Unit.. For purposes of the TSR Performance-Based Units, the following definitions shall apply:
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]155,317, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]310,634. Subject to Section C, on the Performance Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 2020the Performance Measurement Date, rounded down to the nearest whole TSR Performance-Based Unit.. For purposes of the TSR Performance-Based Units, the following definitions shall apply:
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]72,534, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]145,068. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 20202022, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]83,915, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]167,830. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 20202021, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]78,842, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]157,684. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 2020, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)
TSR Performance-Based Units. The target number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]46,573, and the maximum number of TSR Performance-Based Units that shall be eligible to vest pursuant to this Section B(i) shall be [ ]93,146. Subject to Section C, on the Vesting Date, a number of TSR Performance-Based Units shall become vested equal to the product of (x) the target number of TSR Performance-Based Units eligible to vest pursuant to this Section B(i) multiplied by (y) the TSR Vesting Percentage as of March 31, 20202023, rounded down to the nearest whole TSR Performance-Based Unit.
Appears in 1 contract
Samples: Restricted Unit Agreement (Take Two Interactive Software Inc)