RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on [FINAL VESTING DATE IN THREE YEARS] shall be the “Retention Period”. Your Performance Award will vest in full on [FINAL VESTING DATE IN THREE YEARS] (the “Vesting Date”), subject to the continued employment requirements or other exceptions contained in Section 5 below. Payment of the Performance Award shall be made as soon as practicable after the Vesting Date, except as provided in Section 5. [The Performance Award shall be paid (i.e., settled)
RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on March 6, [THREE YEARS FROM GRANT YEAR] will be the “Retention Period”. Your VDI Award will vest in full on March 6, [THREE YEARS FROM GRANT YEAR] (the “Vesting Date”), subject to the continued employment requirements or other exceptions contained in Section 5 below. Payment of the VDI Award will be made as soon as practicable after the Vesting Date, if any, except as provided in Section 5. The VDI Award will be paid (i.e., settled)
RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on [FINAL VESTING DATE IN THREE YEARS] shall be the “Retention Period”. Your Performance Award will vest in full on [FINAL VESTING DATE IN THREE YEARS] (the “Vesting Date”), subject to the continued employment requirements, or other exceptions contained in Section 4 below, and the achievement level of the Performance Targets. Payment of the Performance Award, if any based on the performance level achieved, shall be made as soon as practicable after the Vesting Date, except as provided in Section 4. [The Performance Award shall be paid (i.e., settled)
RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on [THIRD ANNIVERSARY] shall be the “Retention Period”. Your VDI Award shall vest in two equal installments on [VEST DATE] and [VEST DATE], subject to the continued employment requirements contained in Section 5 below. Payment of each portion of the VDI Award, if vested, shall be made as soon as practicable after each vesting date. The VDI Award will generally be paid in cash, but the Company reserves the right to settle the VDI Award in shares or cash in its sole discretion. The payment amount, if paid in cash, will be equal to the number of units which vested multiplied by the Company’s closing Share price on the applicable vesting date.
RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on [THIRD ANNIVERSARY] will be the “Retention Period”. Your VDI Award will vest in full on [THIRD ANNIVERSARY] (the “Vesting Date”), subject to the continued employment requirements or other exceptions contained in Section 5 below. Payment of the Award shall be made as soon as practicable after the vesting date, if any, except as provided in Section 5, generally on the same date that other executive incentives are paid, if any, and in no event later than March 15 of the year following the year in which such amount is earned. The VDI Award will be paid in cash. The payment amount will be equal to the target award amount, adjusted for the Company’s performance.
RETENTION PERIOD AND PAYOUT. The actual amount that you are eligible to receive, if any, will be paid to you:
RETENTION PERIOD AND PAYOUT. The period commencing [retention period start and end dates] shall be the “Retention Period”. The VDI Award shall be earned and shall [vesting period and payment dates — determined by the Organization and Compensation Committee] subject to the employment requirements contained in Section 5 hereof. Actual payments of each part of the VDI Award, if earned and vested, shall be made in cash no later than 90 days after the beginning of the year in which such amounts are deemed earned and vested.
RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on [FINAL VESTING DATE] will be the “Retention Period”. Your VDI Award will vest in full on [FINAL VESTING DATE] (the “Vesting Date”), subject to the continued employment requirements or other exceptions contained in Section 5 below. Payment of the VDI Award will be made as soon as practicable after the Vesting Date, if any, except as provided in Section 5. The VDI Award will be paid (i.e., settled)
RETENTION PERIOD AND PAYOUT. The period commencing [GRANT DATE] and ending on [FINAL VESTING DATE IN THREE YEARS] will be the “Retention Period”. Your VDI Award will vest in full on [FINAL VESTING DATE IN THREE YEARS] (the “Vesting Date”), subject to the continued employment 1 The performance period may be shorter for officers who are not on the Senior Management Team. 2 Awards may also be payable in cash, in which case no units will be established. 3 This period may be shorter for officers who are not on the Senior Management Team. requirements or other exceptions contained in Section 5 below. Payment of the VDI Award will be made as soon as practicable after the Vesting Date, except as provided in Section 5. The VDI Award will be paid (i.e., settled) in Shares. Subject to the provisions of Section 4 and Section 5 hereof, upon the issuance to Grantee of Shares hereunder, Grantee will also receive additional Shares equal to the amount of accrued dividends or distributions paid or made by the Company on a quarterly basis, which dividends or distributions will be deemed to be reinvested throughout the Performance Period, based on the Shares awarded under this VDI Award and the performance level earned during the Performance Period; provided, that any fractional Shares will be rounded up to the nearest whole share.
RETENTION PERIOD AND PAYOUT. The period commencing February [__], 2017 and ending on [ ], 2020 will be the “Retention Period”. Your VDI Award will vest in full on [ ], 2020 (the “Vesting Date”), subject to the continued employment requirements or other exceptions contained in Section 5 below. Payment of the VDI Award will be made as soon as practicable after the Vesting Date, except as provided in Section 5. The VDI Award will be paid [(i.e., settled) in Shares. Subject to the provisions of Section 4 and Section 5 hereof, upon the issuance to Grantee of Shares hereunder, Grantee will also receive additional Shares equal to the amount of accrued dividends or distributions paid or made by the Company on a quarterly basis, which dividends or distributions will be deemed to be reinvested throughout the Performance Period, based on the Shares awarded under this VDI Award and the performance level earned during the Performance Period; provided, that any fractional Shares will be rounded up to the nearest whole share.]6 [Grantee may not sell or otherwise transfer the Shares issued pursuant to this VDI Award until three (3) years after the vesting of the underlying award (“Post-Vest Holding Period”). During the Post-Vest Holding Period, Grantee will be able to vote the Shares and receive any dividends issued, if any, with respect to the Shares; and the Shares must remain with the Company designated broker until the end of the Post-Vest Holding Period. Notwithstanding the foregoing, these restrictions shall immediately lapse upon Grantee’s death, Disability or Qualifying Termination within two years of a Change of Control.]7
