Vesting Percentage definition

Vesting Percentage means the percentage by which the Target Total Award is multiplied as set forth in the chart in Section II below.

Vesting Percentage has the meaning specified in Section 3(a).

Vesting Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 3, which shall be used to determine the value of each Performance Unit.

Examples of Vesting Percentage in a sentence

• However, if he again becomes an Employee so that his Vesting Percentage can increase, the Nonvested Account may become a part of his Vested Account.

• If the Participant's Vesting Percentage is less than 100% as to any of the Employer Contributions, a separate accounting record will be kept for any part of his Account resulting from such Employer Contributions and, if there has been a prior Forfeiture Date, from such Contributions made before a prior Forfeiture Date.

• The Nonvested Account of a Participant who has ceased to be an Employee shall remain a part of his Account until it becomes a Forfeiture; provided, however, if the Participant again becomes an Employee so that his Vesting Percentage can increase, the Nonvested Account may become a part of his Vested Account.

• Any amounts credited under this Section 4 (“Dividend Equivalents”) shall be subject to the same terms and conditions as the Restricted Stock Units to which they relate (including, without limitation, application of the applicable Vesting Percentage) and shall vest and be paid (or, if applicable, be forfeited) at the same time as the Restricted Stock Units to which they relate.

• If, in accordance with the Committee's determination under Paragraph 3, the Vesting Percentage is zero, the Participant shall immediately forfeit any and all rights to the Performance Units.

More Definitions of Vesting Percentage

Vesting Percentage is the percentage of the accrual balance in which the Executive is vested as determined in accordance with Schedule A.

Vesting Percentage has the meaning specified in Section 5.

Vesting Percentage means a cumulative ten percent (10%) for each Year of Service until a maximum of one hundred percent (100%) after ten (10) Years of Service.

Vesting Percentage means that percentage listed on Schedule A, which is attached hereto, which corresponds with the age of the Executive, at any given time. However, advances and or changes in the vesting schedule with respect to a change in the age of the Executive shall be made only on December 31 of each calendar year during which Executive attained the stated age.

Vesting Percentage means, with respect to a calendar year, a percentage determined as follows:

Vesting Percentage means the percentage of Supplemental Retirement Benefits, death benefits, and disability benefits in which Executive has a nonforfeitable interest (except in the event of termination for Cause) based upon the number of Years of Service Executive has completed, determined as follows:

Vesting Percentage is a function of the Company’s Relative TSR Percentile Rank during the Measurement Period and shall be determined as set forth below: