Vesting Amounts Sample Clauses

Vesting Amounts. 1. If the Actual Percentage of Targets fails to exceed 100%, then none of the RSUs shall vest and zero Shares shall be distributed in respect thereof. 2. If the Actual Percentage of Targets equals 110.5% or greater, then the Vesting Amount shall equal the Maximum RSU Bonus Award (the “Maximum Vesting Amount”) and shall vest. 3. If the Actual Percentage of Targets is between 100% and 110.5%, then the Vesting Amount shall equal the sum of (a) the Target Vesting Amount plus (b) the product of (i) the difference between the Maximum Vesting Amount and the Target Vesting Amount multiplied by (ii) a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 100% and the denominator is 10.5%, and shall vest.
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Vesting Amounts. Effective as of the Vesting Date, (x) for all such LTIP awards that would vest with continued service over a specified time period (or periods), such time-based vesting requirements shall be deemed to have been satisfied, and (y) for all such LTIP awards that would vest only upon achievement (or the degree of achievement) of performance goals, such performance-vesting requirements shall be deemed to have been satisfied at the level(s) that would result in 100% vesting of such awards.
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Vesting Amounts. 1. If the Actual Percentage of Targets fails to exceed 100%, then none of the RSUs shall vest and zero Shares shall be distributed in respect thereof. 2. If the Actual Percentage of Targets equals 104.57%, then the Vesting Amount shall equal one-third of the Maximum RSU Bonus Award, as defined in Paragraph 1 of the Agreement (the "Intermediate RSU Bonus Award"), and shall vest. 3. If the Actual Percentage of Targets equals 109.27% or more, then the Vesting Amount shall equal the Maximum RSU Bonus Award, as defined in Paragraph 1 of the Agreement, and shall vest. 4. If the Actual Percentage of Targets is between 100% and 104.57%, then the Vesting Amount shall equal a number of RSUs equal to the product of the Intermediate RSU Bonus Award multiplied by a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 100% and the denominator is 4.57% and shall vest. 5. If the Actual Percentage of Targets is between 104.57% and 109.27%, then the Vesting Amount shall equal the sum of (a) the Intermediate RSU Bonus Award plus (b) the product of (i) the difference between the Maximum RSU Bonus Award and the Intermediate RSU Bonus Award multiplied by (ii) a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 104.57% and the denominator is 4.70%, and shall vest.
Sample 1
Vesting Amounts. 1. If the Actual Percentage of Targets fails to exceed 92.1%, then none of the RSUs shall vest and zero Shares shall be distributed in respect thereof. 2. If the Actual Percentage of Targets equals 92.1%, then the Vesting Amount shall equal (the “Base Vesting Amount”) and shall vest. 3. If the Actual Percentage of Targets equals 100%, then the Vesting Amount shall equal (the “Target Vesting Amount”) and shall vest. 4. If the Actual Percentage of Targets equals 110.5% or greater, then the Vesting Amount shall equal (the “Maximum Vesting Amount”) and shall vest. 5. If the Actual Percentage of Targets is between 92.1% and 100%, then the Vesting Amount shall equal the sum of (a) the Base Vesting Amount plus (b) the product of (i) the difference between the Base Vesting Amount and the Target Vesting Amount multiplied by (ii) a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 92.1% and the denominator is 7.9%, and shall vest. 6. If the Actual Percentage of Targets is between 100% and 110.5%, then the Vesting Amount shall equal the sum of (a) the Target Vesting Amount plus (b) the product of (i) the difference between the Maximum Vesting Amount and the Target Vesting Amount multiplied by (ii) a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 100% and the denominator is 10.5%, and shall vest.
Sample 1
Vesting Amounts. 1. If the Actual Percentage of Targets fails to exceed 100%, then none of the RSUs shall vest and zero Shares shall be distributed in respect thereof. 2. If the Actual Percentage of Targets equals 105%, then one-third of the Maximum RSU Bonus Award (the “Intermediate RSU Bonus Award”) shall vest. 3. If the Actual Percentage of Targets equals 110% or more, then the Maximum RSU Bonus Award shall vest. 4. If the Actual Percentage of Targets is between 100% and 105%, then a number of RSUs equal to the product of the Intermediate RSU Bonus Award multiplied by a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 100% and the denominator is 5% shall vest. 5. If the Actual Percentage of Targets is between 105% and 110%, then a number of RSUs equal to the following shall vest: the sum of (a) the Intermediate RSU Bonus Award plus (b) the product of (i) the difference between the Maximum RSU Bonus Award and the Intermediate RSU Bonus Award multiplied by (ii) a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 105% and the denominator is 5% shall vest.
Sample 1
Vesting Amounts. 1. If the Actual Percentage of Targets fails to exceed 100%, then none of the RSUs shall vest and zero Shares shall be distributed in respect thereof. 2. If the Actual Percentage of Targets equals %, then the Vesting Amount shall equal one-half of the Maximum RSU Bonus Award, as defined in Paragraph 1 of the Agreement (the “Intermediate RSU Bonus Award”), and shall vest. 3. If the Actual Percentage of Targets equals % or more, then the Vesting Amount shall equal the Maximum RSU Bonus Award, as defined in Paragraph 1 of the Agreement, and shall vest. 4. If the Actual Percentage of Targets is between 100% and %, then the Vesting Amount shall equal a number of RSUs equal to the product of the Intermediate RSU Bonus Award multiplied by a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 100% and the denominator is % and shall vest. 5. If the Actual Percentage of Targets is between % and %, then the Vesting Amount shall equal the sum of (a) the Intermediate RSU Bonus Award plus (b) the product of (i) the difference between the Maximum RSU Bonus Award and the Intermediate RSU Bonus Award multiplied by (ii) a fraction the numerator of which is the Actual Percentage of Targets Revenue minus 103% and the denominator is 4%, and shall vest.
Sample 1
Vesting Amounts. 1. Calculating Payout Against the Financial Performance Component (a) If the actual performance against the Target Metric fails to exceed [ ]%, then no Shares shall be issuable in respect of the Financial Performance Component. (b) If the actual performance against the Target Metric is 100%, then 50% of the Financial Performance Component shall become issuable (the “Target-Level Financial Performance Payout Amount”). (c) If the actual performance against the Target Metric is [ ]%, then 100% of the Financial Performance Component shall become issuable. (d) If the actual performance is between [ ]% of the Target Metric and 100% of the Target Metric, then the number of Shares issuable shall equal the product of (i) the Target-Level Financial Performance Payout Amount multiplied by (ii) a fraction the numerator of which is 100% minus the actual percentage performance against the Target Metric and the denominator is [ ]%, subject to the vesting schedule set forth in Paragraph 2(a) of the Agreement. (e) If the actual performance is between 100% of the Target Metric and [ ]% of the Target Metric, then the number of Shares issuable shall equal the Target-Level Financial Performance Payout plus the product of (i) the Financial Performance Component minus the Target-Level Financial Performance Payout multiplied by (ii) a fraction the numerator of which is the actual percentage performance against the Target Metric minus 100% and the denominator is [ ]%, subject to the vesting schedule set forth in Paragraph 2(a) of the Agreement. 2. Calculating Payout Against the Mission Critical Goals Component If is determined that there was partial achievement of Mission Critical Goals during the applicable year, then Shares representing 25% of the Mission Critical Goals Component shall become issuable. If it is determined that that there was target level achievement of Mission Critical Goals during the applicable year, then Shares representing 50% of the Mission Critical Goals Component shall become issuable. If it is determined that there was outstanding achievement of Mission Critical Goals during the applicable year, then Shares representing 100% of the Mission Critical Goals Component shall become issuable. If the Participant failed to meet the partial achievement level, then no Shares shall be issuable in respect of the Mission Critical Goals Components. 3. The sum of the amounts calculated pursuant to paragraphs 1 and 2 above shall be the total amount of Shares issuable un...
Sample 1
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Vesting Amounts. 1. If the Actual Percentage of Targets fails to exceed 100%, then none of the RSUs shall vest and zero Shares shall be distributed in respect thereof. 2. If the Actual Percentage of Targets equals 100%, then the Vesting Amount shall equal 0% of the Maximum RSU Bonus Award, as defined in Paragraph 1 of the Agreement (the “Tier One RSU Bonus Award”), and shall vest. 3. If the Actual Percentage of Targets equals 111.7% or more, then the Vesting Amount shall equal the Maximum RSU Bonus Award, as defined in Paragraph 1 of the Agreement, and shall vest. 4. If the Actual Percentage of Targets is between 100% and 111.7%, then the Vesting Amount shall equal the product of the Maximum RSU Bonus Award multiplied by a fraction, the numerator of which is the Actual Percentage of Targets Revenue minus 100% and the denominator is 111.7% minus 100%, and shall vest.
Sample 1
Vesting Amounts. 1. If the actual performance fails to meet the Target Metric fails, then none of the Shares shall become issuable. 2. If the actual performance equals [ %] of the Target Metric or greater, then the Maximum RSU Amount shall become issuable, subject to the vesting schedule set forth in Paragraph 2(a) of the Agreement. 3. If the actual performance is between 100% of the Target Metric and [ ]% of the Target Metric, then the number of Shares issuable shall equal the product of (i) the Maximum RSU Amount multiplied by (ii) a fraction the numerator of which is the actual percentage performance against the Target Metric minus 100% and the denominator is [ ]%, subject to the vesting schedule set forth in Paragraph 2(a) of the Agreement.
Sample 1

Related to Vesting Amounts

  • Dividend Equivalent Payments Until your RSUs convert to Shares, if MSCI pays a dividend on Shares, you will be entitled to a dividend equivalent payment in the same amount as the dividend you would have received if you held Shares for your vested and unvested RSUs immediately prior to the record date. No dividend equivalents will be paid to you with respect to any canceled or forfeited RSUs. MSCI will decide on the form of payment and may pay dividend equivalents in Shares, in cash or in a combination thereof, unless otherwise provided in Exhibit C. MSCI will pay the dividend equivalent when it pays the corresponding dividend on its common stock or on the next regularly scheduled payroll date. The gross amount of any dividend equivalents paid to you with respect to RSUs that do not vest and convert to Shares shall be subject to potential recoupment or payback (such recoupment or payback of dividend equivalents, the “Clawback”) following the cancellation or forfeiture of the underlying RSUs. You consent to the Company’s implementation and enforcement of the Clawback and expressly agree that MSCI may take such actions as are necessary to effectuate the Clawback consistent with applicable law. If, within a reasonable period, you do not tender repayment of the dividend equivalents in response to demand for repayment, MSCI may seek a court order against you or take any other actions as are necessary to effectuate the Clawback.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Forfeiture; Recovery of Compensation (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Stock Option, the Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Stock Option, under the Stock Option, including to any Stock acquired under the Stock Option or proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 of this Agreement.

  • Bonus Payments No employee shall be required or requested to make any written or verbal agreement that will conflict with the terms of this Agreement. All employees must be paid weekly for all hours worked as provided in this Agreement. Any bonuses, commissions or other methods of payments over and above the requirements of this Agreement shall be in addition to the requirements of this Agreement and may not be used to offset such contractual requirements and shall not be subject to negotiations.

  • Dividend Equivalent Units On the date that the Company pays a cash dividend to holders of Stock generally, the Participant shall be credited with a number of additional whole Dividend Equivalent Units determined by dividing (a) the product of (i) the dollar amount of the cash dividend paid per share of Stock on such date and (ii) the total number of Restricted Stock Units and Dividend Equivalent Units previously credited to the Participant pursuant to the Award and which have not been settled or forfeited pursuant to the Company Reacquisition Right (as defined below) as of such date, by (b) the Fair Market Value per share of Stock on such date. Any resulting fractional Dividend Equivalent Unit shall be rounded to the nearest whole number. Such additional Dividend Equivalent Units shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the Restricted Stock Units originally subject to the Award with respect to which they have been credited.

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Dividend Equivalents Subject to this Paragraph 6, with respect to dividends for which a record date occurs during the Restriction Period, Participant shall be credited with a Dividend Equivalent with respect to each outstanding Restricted Stock Unit, and with respect to any related Dividend Equivalent Unit (defined below) resulting from prior reinvestments of Dividend Equivalents as provided in this Paragraph. All Dividend Equivalents so credited will be deemed to be reinvested in Restricted Stock Units on the date that the applicable dividend or distribution is made to the Company’s shareholders, based on the Target Award Units and any Dividend Equivalent Units resulting from prior reinvestments of Dividend Equivalents, in the number of Units determined by dividing the aggregate value of the Dividend Equivalents by the Fair Market Value of the Stock on such date (rounded to the nearest thousandth of a whole Unit or as otherwise reasonably determined by the Company); provided, however, that if Dividend Equivalents cannot be reinvested in Units due to the operation of Section 3(a) of the Plan, such Dividend Equivalents will be credited to Participant as a cash value based on the Target Award Units and any Dividend Equivalent Units resulting from prior reinvestments of Dividend Equivalents, which cash value shall be held by the Company (without interest) subject to this Agreement. Any Units resulting from the deemed reinvestment of dividends in accordance with this Paragraph 6 are referred to herein as “Dividend Equivalent Units.” Dividend Equivalents shall be subject to the same terms and conditions, and shall vest or be forfeited (as applicable) at the same time, upon the same conditions, and in the same proportion, as the Target Award Units set forth in this Award; provided, however, that if the Award vests after the record date for, but before the payment date of, a dividend, then the Dividend Equivalents related to such dividend and to Units vesting on the vesting date will be paid in cash or in Stock, in the sole discretion of the Company, as soon as practicable following the payment date for such dividend.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Vesting Period The vesting period of the Restricted Stock (the “Vesting Period”) begins on the Grant Date and continues until such date as is set forth on Schedule A as the date on which the Restricted Stock is fully vested. On the first Annual Vesting Date following the date of this Agreement and each Annual Vesting Date thereafter the number of shares of Restricted Stock equal to the Annual Vesting Amount shall become vested, subject to earlier forfeiture as provided in this Agreement. To the extent that Schedule A provides for amounts or schedules of vesting that conflict with the provisions of this paragraph, the provisions of Schedule A will govern. Except as permitted under Section 10, the shares of Restricted Stock for which the applicable Vesting Period has not expired may not be sold, assigned, transferred, pledged or otherwise disposed of or encumbered (whether voluntary or involuntary or by judgment, levy, attachment, garnishment or other legal or equitable proceeding). The Employee shall not have the right to receive cash dividends paid on shares of Restricted Stock for which the applicable Vesting Period has not expired. In lieu thereof, the Employee shall have the right to receive from the Company an amount, in cash, equal to the cash dividends payable on shares of Restricted Stock for which the applicable Vesting Period has not expired, provided the Employee is employed by the Company on the payroll date coinciding with or immediately following the date any such cash dividends are paid on the Restricted Shares. The Employee shall have the right to vote the Restricted Stock, regardless of whether the applicable Vesting Period has expired.

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