Common use of Performance Based Vesting Condition Clause in Contracts

Performance Based Vesting Condition. In order for you to vest in any of the shares of Restricted Stock covered by this grant, the Company must [to be conformed with each grant] (the “Performance-Based Vesting Condition”). If the Performance-Based Vesting Condition is not satisfied for fiscal , all of the shares of Stock underlying this Restricted Stock grant will be forfeited.

Performance Based Vesting Condition. In order for you to vest in any of the shares of Stock under this Restricted Stock covered by this grantUnit Grant, the Company must [to be conformed with each grant] (the “Performance-Based Vesting Condition”). If the Performance-Based Vesting Condition is not satisfied for fiscal _____, all of the shares of Stock underlying this Restricted Stock grant Unit Grant will be forfeited.

Performance Based Vesting Condition. In order for you to vest in any of the shares of Restricted Stock covered by this grant, the Company must [to be conformed with each grant] obtain earnings before interest, taxes, depreciation and amortization, and other non-cash charges for fiscal of $ (the “Performance-Based Vesting Condition”). If the Performance-Based Vesting Condition is not satisfied for fiscal , all of the shares of Stock underlying this Restricted Stock grant will be forfeited.