Common use of Vesting and Settlement of PSUs Clause in Contracts

Vesting and Settlement of PSUs. (1) Except as otherwise provided in Section (C) or (D) below, the final number of Shares actually awarded to the Participant with respect to the Target Number of PSUs granted, if any, (the “Awarded Shares”) shall be based on the attainment of specified levels of the “Performance Measures” (each as defined and set forth in Exhibit A) that have been achieved during the “Performance Period” (as defined and set forth in Exhibit A).

Appears in 17 contracts

Samples: Share Unit Award Agreement (Cit Group Inc), Restricted Stock Unit Award Agreement (Cit Group Inc), Solicitation and Confidentiality Agreement (Cit Group Inc)

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