Common use of Performance-Based Vesting Clause in Contracts

Performance-Based Vesting. The RSUs shall, except to the extent greater vesting is provided for under the terms of the Plan or as set forth in this Agreement, become vested and Grantee shall be entitled to receipt of the Shares subject to the RSUs only if the performance metrics, if any, described in Paragraph 1 of Schedule A, attached hereto and made a part hereof, are satisfied; and only if Grantee satisfies such continuing service requirements and conditions as are provided in Paragraph 2 of Schedule A.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Toll Brothers Inc), Restricted Stock Unit Agreement (Toll Brothers Inc)

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Performance-Based Vesting. The RSUs shall, except to the extent greater vesting is provided for under the terms of the Plan or as set forth in this Agreement, become vested and Grantee shall be entitled to receipt of the Shares subject to the RSUs only if the performance metrics, if any, metrics described in Paragraph 1 of Schedule A, attached hereto and made a part hereof, are satisfied; and only if Grantee satisfies such continuing service requirements and conditions as are provided in Paragraph 2 of Schedule A.subject to the Grantee’s continued employment through the Performance Measurement Date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Toll Brothers Inc)

Performance-Based Vesting. The RSUs Grantee’s rights under this RSU shall, except to the extent greater vesting is provided for under the terms of the Plan or as set forth in this AgreementRSU, become fully vested and Grantee shall be entitled to receipt of the Shares subject to the RSUs represented by this RSU only if the performance metrics, if any, described in Paragraph 1 of Schedule A, attached hereto and made a part hereof, are satisfied; and only if Grantee satisfies on such continuing service performance requirements and conditions as are provided in Paragraph 2 of on Schedule A.

Appears in 1 contract

Samples: Stock Incentive Plan for Employees (Toll Brothers Inc)

Performance-Based Vesting. The RSUs shall, except to the extent greater accelerated vesting is provided for under the terms of the Plan or as set forth in this Agreement, become vested and Grantee shall be entitled to receipt of the Shares subject to the RSUs only if the performance metrics, if any, described in Paragraph 1 of Schedule A, attached hereto and made a part hereof, are satisfied; and only if Grantee satisfies such continuing service requirements and conditions as are provided in Paragraph 2 of Schedule A.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Toll Brothers, Inc.)

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Performance-Based Vesting. The RSUs shall, except to the extent greater vesting is provided for under the terms of the Plan or as set forth in this Agreement, become vested and Grantee shall be entitled to receipt of the Shares subject to the RSUs only if the performance metrics, if any, metrics described in Paragraph 1 of Schedule A, attached hereto and made a part hereof, are satisfied; and only if Grantee satisfies such continuing service requirements and conditions as are provided in Paragraph 2 of Schedule A.subject to the Grantee’s continued employment through the applicable Vesting Dates.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Toll Brothers Inc)

Performance-Based Vesting. The RSUs shall, except to the extent greater accelerated vesting is provided for under the terms of the Plan or as set forth in this Agreement, become vested and Grantee shall be entitled to receipt of the Shares subject to the RSUs only if the performance metrics, if any, described in Paragraph 1 of Schedule A, attached hereto and made a part hereof, are satisfied; and only if Grantee satisfies such continuing service requirements and conditions as are provided in Paragraph 2 of Schedule A.subject to the Grantee’s continued employment through the Performance Measurement Date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Toll Brothers, Inc.)

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