Common use of Performance-Based Vesting Requirements Clause in Contracts

Performance-Based Vesting Requirements. Provided the service-based vesting requirements have been met, each Tranche will vest on the applicable Scheduled Vesting Date upon the achievement of the performance goals applicable to that Tranche, as set forth in Appendix C to this Agreement. B.2 EFFECT OF TERMINATION OF EMPLOYMENT PRIOR TO SCHEDULED VESTING DATE(S) ON VESTING REQUIREMENTS

Appears in 2 contracts

Sources: Performance Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.), Performance Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

Performance-Based Vesting Requirements. Provided the service-based vesting requirements have been met, each Tranche will vest on the applicable Scheduled Vesting Date upon the achievement of the performance goals applicable to that Tranche, as set forth in Appendix C to this Agreement. B.2 EFFECT OF TERMINATION OF EMPLOYMENT PRIOR TO SCHEDULED VESTING DATE(S) ON VESTING REQUIREMENTS.

Appears in 1 contract

Sources: Performance Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)