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Common use of Vesting of Performance Shares Clause in Contracts

Vesting of Performance Shares. As long as you remain employed with PG&E Corporation, the Performance Shares will vest on the first business day of January (the “Vesting Date”) of the third year following the date of grant specified in the cover sheet. Except as described below, all Performance Shares subject to this Agreement that have not vested shall be forfeited upon termination of your employment.

Appears in 5 contracts

Samples: Performance Share Grant (Pg&e Corp), Performance Share Agreement (Pg&e Corp), Performance Share Agreement (Pacific Gas & Electric Co)

Vesting of Performance Shares. As long as you remain employed with PG&E Corporation, the Performance Shares will vest on the first business day of January March (the “Vesting Date”) of the third year following the date of grant specified in the cover sheet. Except as described below, all Performance Shares subject to this Agreement that have not vested shall be forfeited upon termination of your employment.

Appears in 5 contracts

Samples: Performance Share Grant (PACIFIC GAS & ELECTRIC Co), Performance Share Agreement (Pg&e Corp), Performance Share Grant (Pacific Gas & Electric Co)

Vesting of Performance Shares. As long as you remain employed with PG&E CorporationCorporation (or any of its subsidiaries), the Performance Shares will vest on the first business day of January (the “Vesting Date”) of the third year following the date of grant specified in the cover sheet. Except as described below, all Performance Shares subject to this Agreement that have not vested shall be forfeited upon termination of your employment.

Appears in 1 contract

Samples: Performance Share Agreement (Pg&e Corp)