Common use of Performance-Based Units Clause in Contracts

Performance-Based Units. Executive’s Performance-Based Units shall vest on the earlier to occur of (i) the achievement by the Pre-Combination NM Members (and/or, without duplication, their direct and indirect parent entities) of the aggregate Cash-on-Cash Returns pursuant to the vesting schedule set forth on Appendix B (the “Milestone Condition”) or

Appears in 2 contracts

Sources: Incentive Unit Agreement (Signify Health, Inc.), Incentive Unit Agreement (Signify Health, Inc.)