Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided herein or in Section 13 of the Plan, the PSUs relating to any Performance Period will vest and become nonforfeitable on January 1 of the year that immediately follows such Performance Period, subject to (a) the achievement of the applicable Performance Goal for such Performance Period set forth in Exhibit I attached hereto, and (b) the Grantee's Continuous Service from the Grant Date through the such vesting date.
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Samples: Executive Employment Agreement (iSpecimen Inc.), Executive Employment Agreement (iSpecimen Inc.), Executive Employment Agreement (iSpecimen Inc.)
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided herein or and in Section 13 of the Plan, the PSUs relating determined to any Performance Period have vested by the Committee in accordance with Section 5.2 will vest and become nonforfeitable on January 1 as of the year that immediately follows such Performance Period, subject to (a) Vesting Date provided the achievement of the applicable Performance Goal for such Performance Period set forth in Exhibit I attached hereto, and (b) the Grantee's Grantee has provided Continuous Service from the Grant Date through the such vesting datelast day of the Performance Period.
Appears in 1 contract
Samples: Performance Share Unit Master Frame Agreement (Gatos Silver, Inc.)
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided herein or and in Section 13 of the Plan, the PSUs relating determined to any Performance Period have vested by the Committee in accordance with Section 5.2 will vest and become nonforfeitable on January 1 as of the year that immediately follows such Performance Period, subject to (a) Vesting Date provided the achievement of the applicable Performance Goal for such Performance Period set forth in Exhibit I attached hereto, and (b) the Grantee's Grantee has provided Continuous Service from the Grant Date through the such vesting datelast day of the Performance Period.
Appears in 1 contract
Samples: Performance Share Unit Master Frame Agreement (Gatos Silver, Inc.)
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided herein or in Section 13 of The PSUs shall vest only if and to the Plan, the PSUs relating to any Performance Period will vest and become nonforfeitable on January 1 of the year that immediately follows such Performance Period, subject to extent (a) the achievement of Committee determines that the applicable Performance Goal Goals have been met for such the Performance Period set forth in Exhibit I attached hereto, above and (b) subject to the Grantee's exceptions set forth in Sections 5 and 6, the Participant has remained in Continuous Service from the Grant Date through the such vesting date.last Exhibit 10.14
Appears in 1 contract
Samples: Performance Share Unit Agreement (Natural Gas Services Group Inc)
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided herein or in Section 13 of the Planherein, the PSUs relating to any Performance Period will vest and become nonforfeitable on January 1 upon completion of the year that immediately follows such Performance PeriodVesting Period (the “Vesting Date”), subject to (a) the achievement of the applicable minimum threshold Performance Goal for such Performance Period payout set forth in Exhibit I attached hereto, and (b) the Grantee's Continuous Service ’s continued employment from the Grant Date through the such vesting dateVesting Date.
Appears in 1 contract
Samples: Performance Share Unit Agreement (J&j Snack Foods Corp)