Vesting Determination. Except as otherwise provided in Section E, the PSUs held by the Participant will vest, to the extent earned for the Performance Period, and Additional Shares, if any, will be issued to the Participant, on the Vesting Date only if the Participant has not had a Separation from Service prior to such date. Once the Company’s Relative TSR Percentile Rank is determined by the Committee, the Company will confirm the number of Target Units that will vest or be forfeited on the Vesting Date, and the number of Additional Shares, if any, that will be issued to the Participant on the Vesting Date consistent with the following provisions: • If the Company’s Relative TSR Percentile Rank is at the Target Performance Level, 100% of the Target Units will vest on the Vesting Date. If the Company’s Relative TSR Percentile Rank is above the Target Performance Level, Additional Shares will also be issued to the Participant on the Vesting Date. If the Company’s Relative TSR Percentile Rank is less than the Target Performance Level, some or all of the Target Units will be forfeited. • The number of the Target Units that will vest on the Vesting Date, and the number of any Additional Shares that will be issued to the Participant on the Vesting Date, will be determined in accordance with the table set forth below. Any Target Units that do not vest in accordance with the table will be forfeited on the Vesting Date. If the Company’s Relative TSR Percentile Rank for the Performance Period falls between the percentile levels specified in the first column of the table, the number of PSUs that will vest or Additional Shares that will be granted or forfeited on the Vesting Date shall equal the number corresponding to the percentage interpolated on a straight-line basis. Company’s Relative TSR Percentile Rank Total PSUs to Vest (and/or Additional Shares to be Granted) on Vesting Date as Percentage of Target Units 90th or Higher 200% 75th 150% 50th 100% 25th 50% Below 25th 0%
Vesting Determination. Except as otherwise provided in Section E, the PSUs held by the Participant will vest, to the extent earned for the Performance Period, and Additional Shares, if any, will be issued to the Participant, on the Vesting Date only if the Participant has not had a Separation from Service prior to such date. Once the Company’s Operational Performance Results are determined by the Committee, the Company will confirm the number of Target Units that will vest or be forfeited on the Vesting Date, and the number of Additional Shares, if any, that will be issued to the Participant on the Vesting Date consistent with the following provisions: • If the Company’s Operational Performance Results are at or above the Target Performance Level, 100% of the Target Units will vest on the Vesting Date. If the Company’s Operational Performance Results are above the Target Performance Level, Additional Shares will also be issued to the Participant on the Vesting Date. If the Company’s Operational Performance Results are less than the Target Performance Level, some or all of the Target Units will be forfeited. • The number of the Target Units that will vest on the Vesting Date, and the number of any Additional Shares that will be issued to the Participant on the Vesting Date, will be determined in accordance with the table set forth in Section C above. Any Target Units that do not vest in accordance with the table will be forfeited on the Vesting Date.
Vesting Determination. Subject to accelerated vesting or forfeiture as hereinafter provided, the Performance Share Units that are earned in accordance with Section 4 shall be vested and non-forfeitable (“Vested” or “Vesting”) as of the date the Committee certifies the performance results which certification date shall occur within the sixty (60) day period following the end of the Performance Period (the certification date is defined as the “Payment Date”), but only if the Participant has remained continuously employed with the Company or any of its subsidiaries through the Payment Date, except as provided in Section 5(b) below, and any unearned or unvested Performance Share Units shall be automatically forfeited to the Company and cancelled. The Performance Shares (as defined below) for the Performance Share Units that become Vested under this Section 5(a) shall be paid on the Payment Date.
Vesting Determination. Except as otherwise provided in Section E, the PSUs held by the Participant will vest, to the extent earned for the Performance Period, on the Vesting Date only if the Participant has not had a Separation from Service prior to such date. Once the Company’s Operational Performance Results are determined by the Committee, the Company will confirm the number of Target Units that will vest or be forfeited on the Vesting Date, and the number of Additional Shares, if any, that will be issued to the Participant on the Vesting Date consistent with the following provisions: • If the Company’s Operational Performance Results are at or above the Target Performance Level, 100% of the Target Units will vest on the Vesting Date. If the Company’s Operational Performance Results are above the Target Performance Level, Additional Shares will also be issued to the Participant on the Vesting Date. If the Company’s Operational Performance Results are less than the Target Performance Level, some or all of the Target Units will be forfeited. • The number of the Target Units that will vest on the Vesting Date, and the number of any Additional Shares that will be issued to the Participant on the Vesting Date, will be determined in accordance with the table set forth in Section C above. Any Target Units that do not vest in accordance with the table will be forfeited on the Vesting Date.
Vesting Determination. The determination of whether or not the Company was profitable for the 2010 calendar year will be made by the Compensation Committee based on the annual audited financial results as approved by the Audit Committee. If the Company was not profitable, the Options granted hereunder are forfeited. For the purposes of this Agreement, “Profitability” is defined as Net Income (inclusive of any expense relating to this Option hereunder) before Dividends on Preferred Stock.
Vesting Determination. The Grantee shall not vest in the RSUs until the end of the Performance Period, except as otherwise set forth in Sections 5-6 of this Agreement. Pursuant to the [2023 Long-term Incentive Plan], the number of RSUs to vest at the end of the Performance Period that correspond to threshold, target and stretch performance outcomes are as follows: Performance Measure Below Threshold # of RSUs Threshold # of RSUs Target # of RSUs Stretch (Maximum) # of RSUs ROATCE 0 50% of Target [Number of Awards Granted] 150% of Target
Vesting Determination. As set forth in the [Date] Long-term Incentive Plan. The number of RSUs to vest that correspond to threshold, target and stretch performance outcomes are as follows: Performance Measure Below Threshold # of Units Threshold # of Units Target # of Units Stretch (Maximum) # of Units
Vesting Determination a. Except as otherwise provided for herein and the Agreement, one-third of the RSUs granted pursuant to this RSU Award shall be eligible to vest determined by reference to the Company’s Relative TSR Percentile. Grantee shall vest in a number of RSUs determined in accordance with the following schedule: Relative TSR Percentile Performance Level Percentage of RSUs Vesting Below 25th percentile Below Threshold 0% 25th percentile Threshold 50% 50th percentile Target 100% 75th percentile or above Maximum 150% For purpose of this schedule, the percentage of RSUs vesting based on Relative TSR Percentile achieved between the levels set forth in the table above shall be determined by straight-line interpolation between performance levels.
