Earned RSUs Clause Samples

Earned RSUs. (a) The actual number of RSUs earned shall be determined by the level of achievement of the Company’s goal for Adjusted Return on Invested Capital (“ROIC”) and Adjusted Operating Margin (“AOM”) for the 2015 Fiscal Year the (“Performance Period”). Fifty percent of the Target Performance Based Award will be based on the Performance Period ending ROIC (“ROIC Portion”) and fifty percent will be based on the Performance Period ending AOM (“AOM Portion”) and determined as follows: (b) ROIC Portion

Earned RSUs. On 1/15 and 2/15, Employee vests in ▇▇▇ ▇▇▇▇ on each regularly scheduled vesting date without condition of release or restriction on sale (except as set forth in the Verisign Stock Retention Policy) because Employee remained employed through the scheduled vesting date.

Earned RSUs. Notwithstanding any provision to the contrary herein, if the Participant’s employment is terminated by the Company prior to but on account of a Change in Control (as determined in the sole discretion of the Committee) and the Participant becomes eligible for severance benefits pursuant to Section 6 of the 2009 Officer Severance Plan by reason of such termination, any Earned RSUs that are then unvested shall be subject to acceleration as provided in the 2009 Officer Severance Plan (i.e., all such Earned RSUs shall vest on the termination date). Unearned RSUs. If any such termination occurs prior to Committee Certification, then notwithstanding anything to the contrary herein or in the Plan and solely for purposes of this RSU Award, the Participant shall continue to be deemed an Employee and the unearned RSUs shall remain eligible to be earned either pursuant to Committee Certification or pursuant to a Change in Control (as described in the first sentence of Section 6(a) above). In the event and to the extent the unearned RSUs become Earned RSUs, the Earned RSUs shall immediately become fully vested, and the Shares covered thereby shall automatically be issued and delivered to the Participant on or about the date on which they are earned, provided such issuance occurs within 2½ months after the close of the calendar year in which the Participant’s termination date occurred. In the event such RSUs become earned as provided in the preceding sentence, the Participant thereafter shall not have any right to earn any additional RSUs under this RSU Award. Notwithstanding anything herein to the contrary, all unearned RSUs shall automatically be cancelled and forfeited for no value on the earlier to occur of (i) the date of Committee Certification, if the Threshold Objective is not met or (ii) the date that is 2½ months after the close of the calendar year in which the Participant’s termination occurs.

Earned RSUs. If the Company achieves in excess of the Threshold Objective (as defined in Exhibit A and as set forth in Exhibit B) for the Performance Period, then the RSUs will become earned and subject to vesting based on the extent to which the Target Objective (as defined in Exhibit A and as set forth in Exhibit B) has been achieved, provided you remain an Employee of the Company from the date hereof through the date on which the Committee completes the confirmation and certification process as described below. The number of RSUs that become earned and subject to vesting (“Earned RSUs”) will be determined by multiplying (i) the Percentage of Target RSUs earned, as determined in accordance with Exhibit B, by (ii) the number of Target RSUs set forth above. If the calculation of the number of Earned RSUs eligible for vesting results in a fractional number of RSUs, then the number of Earned RSUs eligible for vesting will be rounded down to the nearest whole number.

Earned RSUs. (a) The actual number of RSUs earned shall be determined by the level of achievement of the Company’s goal for Adjusted Return on Invested Capital (“ROIC”) and Adjusted Operating Margin (“AOM”) for the 2015 Fiscal Year the (“Performance Period”). Fifty percent of the Target Performance Based Award will be based on the Performance Period ending ROIC (“ROIC Portion”) and fifty percent will be based on the Performance Period ending AOM (“AOM Portion”) and determined as follows: (b) ROIC Portion ROIC Earned RSUs = ROIC Payout Percentage x Target Performance Based Award x 50% The ROIC Portion “Payout Percentage” shall be determined based on the table below: Performance Level FY 2015 Ending ROIC ROIC Payout Percentage Threshold 11.2% 0.1% Target 12.0% 100% Maximum 12.9% 200% No payout will be made if the Performance Period ending ROIC is below 11.2%. No payout will be made in excess of 200% under any circumstances. The Payout Percentage at performance levels between threshold and target and between target and maximum will be interpolated on a straight-line basis. (c) AOM Portion AOM Earned RSUs = AOM Payout Percentage x Target Performance Based Award x 50% The AOM Portion “Payout Percentage” shall be determined based on the table below: Performance Level FY 2015 Ending AOM AOM Payout Percentage Threshold 7.7 % 0.1 % Target 8.7 % 100 % Maximum 9.7 % 200 % No payout will be made if the Performance Period ending ROIC is below 7.7%. No payout will be made in excess of 200% under any circumstances. The Payout Percentage at performance levels between threshold and target and between target and maximum will be interpolated on a straight-line basis. (d) FY 2015 ending ROIC and AOM are subject to the discretion of Compensation Committee review for one-time adjustments for certain extraordinary items, such as impact of material acquisitions (i.e. greater than 10% of CIRCOR assets) or divestitures, impairment of goodwill, non-recurring special items and impact of restructuring charges.

Earned RSUs. [Insert performance goals and threshold, target and maximum payout percentages for indicated “Performance Period”]