Common use of Vesting of Performance-Based RSUs Clause in Contracts

Vesting of Performance-Based RSUs. Within 90 days of the end of the Measurement Period, the Committee shall determine the extent to which the Performance-Based RSUs have vested based upon achievement of the performance goals set forth in this subsection 2(c). Up to 50% of the Performance-Based RSUs shall vest based upon achievement of Adjusted EBITDA goals (the “Adjusted EBITDA Performance RSUs”), and up to 50% of the Performance-Based RSUs shall vest based upon achievement of Return on Equity (“XXX”) goals (the “XXX Performance RSUs”), during the Measurement Period, as set forth in subsections 2(c)(i) and (ii), below:

Appears in 3 contracts

Samples: Stock Incentive Plan (Greenbrier Companies Inc), Stock Incentive Plan (Greenbrier Companies Inc), Stock Incentive Plan (Greenbrier Companies Inc)

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Vesting of Performance-Based RSUs. Within Subject to subsections 2(c)(iii)-(iv), within 90 days of the end of the Measurement Period, the Committee shall determine the extent to which the Performance-Based RSUs have vested based upon achievement of the performance goals set forth in this subsection 2(c). Up to 5060% of the Performance-Based RSUs shall vest based upon achievement of Adjusted EBITDA goals (the “Adjusted EBITDA Performance RSUs”), and up to 5040% of the Performance-Based RSUs shall vest based upon achievement of Return on Equity Invested Capital (“XXXROIC”) goals (the “XXX ROIC Performance RSUs”), ) during the Measurement Period, as set forth in subsections 2(c)(i) and (ii), below:2(c)(i)-(ii):

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Greenbrier Companies Inc)

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Vesting of Performance-Based RSUs. Within 90 days of the end of the Measurement Period, the Committee shall determine the extent to which the Performance-Based RSUs have vested based upon achievement of the performance goals set forth in this subsection 2(c). Up to 5080% of the Performance-Based RSUs shall vest based upon achievement of Adjusted EBITDA goals (the “Adjusted EBITDA Performance RSUs”), and up to 5020% of the Performance-Based RSUs shall vest based upon achievement of Return on Equity (“XXX”) goals (the “XXX Performance RSUs”), during the Measurement Period, as set forth in subsections 2(c)(i) and (ii), below:

Appears in 1 contract

Samples: Stock Incentive Plan (Greenbrier Companies Inc)

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