Vesting of Performance Shares. (i) Fifty percent (50%) of the Performance Shares shall vest on December 31, 2026 (the “Vesting Date”), but if, and only if, (x) the Grantee remains continuously employed by the Company or one of its subsidiaries from the Date of Grant until the Vesting Date, and (y) the Cumulative Pre-Tax Hybrid Income (as defined below) equals $[***];
Appears in 6 contracts
Samples: Performance Shares Agreement (Superior Group of Companies, Inc.), Performance Shares Agreement (Superior Group of Companies, Inc.), Performance Shares Agreement (Superior Group of Companies, Inc.)