Vesting and Forfeiture Generally. Except as otherwise provided in paragraphs 3(a)(ii) and (iii), the number of PRSUs that shall become vested and non-forfeitable on the Measurement Date (as defined below) shall equal (rounded up to the nearest full PRSU) (i) the Performance Ratio (as defined below), multiplied by (ii) the total number of PRSUs outstanding immediately prior to the Measurement Date.
Vesting and Forfeiture Generally. The PRSUs shall be divided into five equal and distinct vesting tranches (each a “Vesting Tranche”), each consisting of 20% of the total number of PRSUs granted hereunder, with all or a portion of each Vesting Tranche being eligible to vest as follows, subject to paragraph 3(a)(v) and (vi):