Common use of Vesting of Performance Stock Units Clause in Contracts

Vesting of Performance Stock Units. (a) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Performance Stock Units shall lapse, if at all, as follows: (i) As to [33⅓]% of the Performance Stock Units subject to this Agreement, as of the later of the Certification Date (as defined in Section 3(a)) or the first anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the first anniversary of the Grant Date, (y) the achievement of the performance goal (the “Performance Goal”) established by the Committee pursuant to the Plan for the Performance Stock Units for the Performance Period and set forth at the end of this Agreement and (z) the Committee’s certification of the achievement of the Performance Goal in accordance with Section 3(a); (ii) As to [33⅓]% of the Performance Stock Units subject to this Agreement, as of the second anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the second anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i); and (iii) As to [33⅓]% of the Performance Stock Units subject to this Agreement, as of the third anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i). Performance Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a) shall be settled as provided in Section 3. (b) If the Committee certifies on the Certification Date that the Performance Goal has not been achieved, all Performance Stock Units subject to this Agreement shall immediately be forfeited and canceled.

Vesting of Performance Stock Units. (a) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Performance Stock Units shall lapse, if at all, as follows: (i) As to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement, as of the later of the Certification Date (as defined in Section 3(a)) or the first anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the first anniversary of the Grant Date, (y) the achievement of the performance goal (the “Performance Goal”) established by the Committee pursuant to the Plan for the Performance Stock Units for the Performance Period and set forth at the end of this Agreement and (z) the Committee’s certification of the achievement of the Performance Goal in accordance with Section 3(a); (ii) As to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement, as of the second anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the second anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement as provided in clause (i); and (iii) As to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement, as of the third anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement as provided in clause (i). Performance Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a) shall be settled as provided in Section 3. (b) If the Committee certifies on the Certification Date that the Performance Goal has not been achieved, all Performance Stock Units subject to this Agreement shall immediately be forfeited and canceled.

Vesting of Performance Stock Units. (a) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Performance Stock Units shall lapse, if at all, as follows: (i) As to [33⅓]% 25% of the Performance Stock Units subject to this Agreement, as of the later of the Certification Date (as defined in Section 3(a)) or the first anniversary of the Grant Date), subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the first anniversary of the Grant Date, (y) the achievement of the performance goal criteria (the “Performance GoalCriteria”) established by the Committee pursuant to the Plan for the Performance Stock Units for the Performance Period and set forth at on the end of this Agreement signature page hereof and (z) the Committee’s certification of the achievement of the Performance Goal Criteria and Target Percentage Adjustment in accordance with Section 3(a); (ii) As to [33⅓]% 25% of the Performance Stock Units subject to this Agreement, as of the second anniversary of the Grant Date, subject to (x) the Restriction Period having lapsed as to 25% of the Performance Stock Units subject to this Agreement as provided in clause (i) and (y) the continued employment of the Participant by the Company or any Subsidiary thereof through the second anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i); and (iii) As to [33⅓]% 50% of the Performance Stock Units subject to this Agreement, as of the third anniversary of the Grant Date, subject to (x) the Restriction Period having lapsed as to 25% of the Performance Stock Units subject to this Agreement as provided in clause (i) and (y) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i). Performance Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a) shall be settled as provided in Section 3. (b) If the Committee certifies on the Certification Date that the Performance Goal has Criteria have not been achievedachieved and the Target Adjustment Percentage is 0%, all Performance Stock Units subject to this Agreement shall immediately be forfeited and canceled.

Vesting of Performance Stock Units. (a) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Performance Stock Units shall lapse, if at all, as follows: (i) As to [33⅓]% 50% of the Performance Stock Units subject to this Agreement, as of the later of the Certification Date (as defined in Section 3(a)) or the first anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the first anniversary of the Grant Date, (y) the achievement of the performance goal (the “Performance Goal”) established by the Committee pursuant to the Plan for the Performance Stock Units for the Performance Period and set forth at the end of this Agreement and (z) the Committee’s certification of the achievement of the Performance Goal in accordance with Section 3(a);; and (ii) As to [33⅓]% 50% of the Performance Stock Units subject to this Agreement, as of the second anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the second anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i); and (iii) As to [33⅓]% of the Performance Stock Units subject to this Agreement, as of the third anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% 50% of the Performance Stock Units subject to this Agreement as provided in clause (i). Performance Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a) shall be settled as provided in Section 3. (b) If the Committee certifies on the Certification Date that the Performance Goal has not been achieved, all Performance Stock Units subject to this Agreement shall immediately be forfeited and canceled.

Vesting of Performance Stock Units. (a) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Performance Stock Units shall lapse, if at all, as follows: (i) As to [33⅓]% 25% of the Performance Stock Units subject to this Agreement, as of the later of the One Year Certification Date (as defined in Section 3(a3(a)(i)) or the first anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the first anniversary of the Grant Date, (y) the achievement of the performance goal criteria (the “Performance GoalOne Year Criteria”) established by the Committee pursuant to the Plan for the Performance Stock Units for the One Year Performance Period and set forth at the end of this Agreement and (z) the Committee’s certification of the achievement of the Performance Goal One Year Criteria and the One Year Target Percentage Adjustment in accordance with Section 3(a3(a)(i); (ii) As to [33⅓]% 50% of the Performance Stock Units subject to this AgreementAgreement (less the number of Performance Stock Units for which the Restriction Period lapsed pursuant to clause (i)), as of the later of the Two Year Certification Date (as defined in Section 3(a)(ii)) or the second anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the second anniversary of the Grant Date, and (y) the Restriction Period having lapsed as achievement of the performance criteria (the “Two Year Criteria”) established by the Committee pursuant to [33⅓]% of the Plan for the Performance Stock Units subject to for the Two Year Performance Period and set forth at the end of this Agreement as provided and (z) the Committee’s certification of the achievement of the Two Year Criteria and the Two Year Target Percentage Adjustment in clause (iaccordance with Section 3(a)(ii); and (iii) As to [33⅓]% 50% of the Performance Stock Units subject to this Agreement, as of the third anniversary of the Grant Date, subject to (x) the Restriction Period having lapsed as to any of the Performance Stock Units subject to this Agreement as provided in clauses (i) or (ii) and (y) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i). Performance Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a) shall be settled as provided in Section 3. (b) If the Committee certifies (i) on the One Year Certification Date that the Performance Goal has One Year Criteria have not been achievedachieved and the One Year Target Adjustment Percentage is 0%, and (ii) on the Two Year Certification Date that the Two Year Criteria have not been achieved and the Two Year Target Adjustment Percentage is 0%, all Performance Stock Units subject to this Agreement shall immediately be forfeited and canceled.

Vesting of Performance Stock Units. (a) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Performance Stock Units shall lapse, if at all, as follows: (i) As to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement, as of the later of the One Year Certification Date (as defined in Section 3(a3(a)(i)) or the first anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the first anniversary of the Grant Date, (y) the achievement of the performance goal criteria (the “Performance GoalOne Year Criteria”) established by the Committee pursuant to the Plan for the Performance Stock Units for the One Year Performance Period and set forth at the end of this Agreement and (z) the Committee’s certification of the achievement of the Performance Goal One Year Criteria and the One Year Target Percentage Adjustment in accordance with Section 3(a3(a)(i); (ii) As to [33⅓]% 66⅔% of the Performance Stock Units subject to this AgreementAgreement (less the number of Performance Stock Units for which the Restriction Period lapsed pursuant to clause (i)), as of the later of the Two Year Certification Date (as defined in Section 3(a)(ii)) or the second anniversary of the Grant Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the second anniversary of the Grant Date, and (y) the Restriction Period having lapsed as achievement of the performance criteria (the “Two Year Criteria”) established by the Committee pursuant to [33⅓]% of the Plan for the Performance Stock Units subject to for the Two Year Performance Period and set forth at the end of this Agreement as provided and (z) the Committee’s certification of the achievement of the Two Year Criteria and the Two Year Target Percentage Adjustment in clause (iaccordance with Section 3(a)(ii); and (iii) As to [33⅓]% 33⅓% of the Performance Stock Units subject to this Agreement, as of the third anniversary of the Grant Date, subject to (x) the Restriction Period having lapsed as to any of the Performance Stock Units subject to this Agreement as provided in clauses (i) or (ii) and (y) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, and (y) the Restriction Period having lapsed as to [33⅓]% of the Performance Stock Units subject to this Agreement as provided in clause (i). Performance Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a) shall be settled as provided in Section 3. (b) If the Committee certifies (i) on the One Year Certification Date that the Performance Goal has One Year Criteria have not been achievedachieved and the One Year Target Adjustment Percentage is 0%, and (ii) on the Two Year Certification Date that the Two Year Criteria have not been achieved and the Two Year Target Adjustment Percentage is 0%, all Performance Stock Units subject to this Agreement shall immediately be forfeited and canceled.