Common use of Vesting of PRSUs Clause in Contracts

Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] through December 31, [Year] (the “Performance Period”) as follows:

Appears in 5 contracts

Samples: Based Restricted Stock Unit Agreement (Timken Co), Based Restricted Stock Units Agreement (Timken Co), Restricted Stock Unit Agreement (Timken Co)

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Vesting of PRSUs. (a) Subject to the terms and conditions of Section Sections 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on the Date of Grant (the “Performance Metrics”) for the three-year period from January 1, [Year] through December 31, [Year] specified in the Grant Summary (the “Performance Period”) as follows:

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Timken Co)

Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on or before the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] 2015 through December 31, [Year] 2017 (the “Performance Period”) as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TimkenSteel Corp)

Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] 2015 through December 31, [Year] 2017 (the “Performance Period”) as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Timken Co)

Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on or before the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] 2017 through December 31, [Year] 2018 (the “Performance Period”) as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TimkenSteel Corp)

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Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] 2012 through December 31, [Year] 2014 (the “Performance Period”) as follows:

Appears in 1 contract

Samples: The Timken Company (Timken Co)

Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on or before the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] 2019 through December 31, [Year] 2021, inclusive (the “Performance Period”) ), as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TimkenSteel Corp)

Vesting of PRSUs. (a) Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will Vest on the basis of the relative achievement of the Management Objective or Management Objectives approved by the Committee on or before the Date of Grant (the “Performance Metrics”) for the period from January 1, [Year] 2016 through December 31, [Year] 2018 (the “Performance Period”) as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TimkenSteel Corp)

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