Vesting of PSUs Clause Example with 4 Variations from Business Contracts

This page contains Vesting of PSUs clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in Sections 5 and 6, the PSUs shall vest and become nonforfeitable on the last day of the Performance Period, subject to (a) the achievement of the minimum threshold Performance Goal for payout set forth in Exhibit A, and (b) Participant's continuous employment ("Continuous Service") from the Grant Date through the last day of the Performance Period (the "Vesting Date"). The number of PSUs that vest and become payab...le under this Agreement shall be determined by the Administrator based on the level of achievement of the Performance Goals set forth in Exhibit A and shall be rounded down to the nearest whole PSU. View More
Found in SiteOne Landscape Supply, Inc. contract

Variations of a "Vesting of PSUs" Clause from Business Contracts

Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in Sections 5 and 6, herein, the PSUs shall will vest and become nonforfeitable on the last day date the Committee certifies the achievement of the Performance Period, Goal(s) in accordance with Section 3.2, subject to (a) the achievement of the minimum threshold Performance Goal Goal(s) for payout set forth in Exhibit A, I attached hereto, and (b) Participant's continuous employment ("Continuous Service") unless ot...herwise determined by the Committee in its sole discretion, the Grantee's Continuous Service from the Grant Date through the last day of the Performance Period (the "Vesting Date"). Period. The number of PSUs that vest and become payable under this Agreement shall be determined by the Administrator Committee based on the level of achievement of the Performance Goals Goal(s) set forth in Exhibit A I and shall be rounded down to the nearest whole PSU. View More
Found in ROCKY BRANDS, INC. contract
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in Sections 5 and 6, herein, the PSUs shall will vest and become nonforfeitable on the last day of the applicable Performance Period, Period subject to (a) the achievement of the minimum threshold Performance Goal Goal(s) for payout set forth in Exhibit A, A attached hereto, and (b) the Participant's continuous employment ("Continuous Service") Continuous Service from the Grant Date through the last day of the appli...cable Performance Period (the "Vesting Date"). Period. The number of PSUs that vest and become payable under this Agreement shall be determined by the Administrator Committee based on the level of achievement of the Performance Goals Goal(s) set forth in Exhibit A attached hereto and shall be rounded down to the nearest whole PSU. View More
Found in Collier Creek Holdings contract
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in Sections 5 and 6, herein, the PSUs shall will vest and become nonforfeitable on the last day of a Performance Period with respect to the PSUs earned for such Performance Period, Period in accordance with Section 4.2, subject to (a) the achievement of the minimum threshold Performance Goal Goals for payout set forth in Exhibit A, A hereto, and (b) Participant's continuous employment ("Continuous Service") the Gran...tee's Continuous Service from the Grant Date through the last day of the Performance Period (the "Vesting Date"). Period. The number of PSUs that vest and become payable under this Agreement shall be determined by the Administrator Committee based on the level of achievement of the Performance Goals set forth in Exhibit A hereto and shall be rounded down to the nearest whole PSU. View More
Found in AUDIOEYE INC contract
Vesting of PSUs. The PSUs are subject to forfeiture until they vest. Except as otherwise provided in Sections 5 and 6, the PSUs shall vest and become nonforfeitable on the last day of the Performance Period, Cycle, subject to (a) the achievement of the minimum threshold Performance Goal for payout set forth in Exhibit A, and (b) Participant's continuous employment ("Continuous Service") from the Grant Date through the last day of the Performance Period Cycle (the "Vesting Date"). The number of PSUs that vest and... become payable under this Agreement shall be determined by the Administrator based on the level of achievement of the Performance Goals set forth in Exhibit A and shall be rounded down to the nearest whole PSU. View More
Found in SiteOne Landscape Supply, Inc. contract