Common use of Performance Vesting Schedule and Settlement Date Clause in Contracts

Performance Vesting Schedule and Settlement Date. Subject to the additional conditions set forth in paragraph (a)(iv) below, the number of Restricted Stock Units that are earned for the Performance Period with respect to each metric equals (A) the total number of Restricted Stock Units granted times (B) the applicable weighting times (C) the percentage earned in accordance with the following table, rounded down to the next whole unit. Three-year Average ROA(50% Weighting) Three-year Average Growth inAdjusted TBV(50% Weighting) Standard % Earned Standard % Earned <60 bps60 bps80 bps≥100 bps 0%33-1/3%66-2/3%100% <5.25%5.25%7.00%≥8.50% 0%33-1/3%66-2/3%100% The Three-year Average ROA and the Three-year Average Growth in Adjusted TBV will be determined in accordance with conventional rounding principles to the nearest basis point (for Three-year Average ROA) and the nearest one-hundredth of a percent (for Three-year Average Growth in Adjusted TBV) (e.g., 60.4 bps will be rounded down to 60 bps for Three-year Average ROA and 5.256% will be rounded up to 5.26% for Three-year Average Growth in Adjusted TBV). The percentage earned for performance between levels at or above the threshold level (i.e., sixty (60) bps for Three-year Average ROA and 5.25% for Three-year Average Growth in Adjusted TBV) shall be interpolated on a straight line basis. No interpolation shall apply for performance below the threshold level.

Performance Vesting Schedule and Settlement Date. Subject to the additional conditions set forth in paragraph (a)(iv) below, the number of Restricted Stock Units that are earned for the Performance Period with respect to each metric equals (A) the total number of Restricted Stock Units granted times (B) the applicable weighting times (C) the percentage earned in accordance with the following table, rounded down to the next whole unit. Three3-year Average ROA(50ROA (50% Weighting) Three3-year Average Growth inAdjusted in Adjusted TBV(50% Weighting) Standard ROA % Earned Standard Based on Goal Achievement Adjusted TBV % Earned <60 bps60 bps80 bps≥100 Based on Goal Achievement Less than 50 bps 0%330% Less than 5.25% 0% 50 bps 33-1/3%661/3% 5.25% 33-2/3%1001/3% <5.25%5.25%7.00%≥8.5065 bps 66-2/3% 0%337.00% 66-1/3%66-2/3%1002/3% 80 bps 100% 8.50% 100% 100 bps 125% 11.50% 125% The Three3-year Average ROA and the Three3-year Average Growth in Adjusted TBV will be determined in accordance with conventional rounding principles to the nearest basis point (for Three3-year Average ROA) and the nearest one-hundredth of a percent (for Three3-year Average Growth in Adjusted TBV) (e.g., 60.4 50.4 bps will be rounded down to 60 50 bps for Three3-year Average ROA and 5.256% will be rounded up to 5.26% for Three3-year Average Growth in Adjusted TBV). The percentage earned for performance between levels at or above the threshold level (i.e., sixty fifty (6050) bps for Three3-year Average ROA and 5.25% for Three3-year Average Growth in Adjusted TBV) shall be interpolated on a straight line basis. No interpolation shall apply for performance below the threshold level.

Performance Vesting Schedule and Settlement Date. Subject to the additional conditions set forth in paragraph (a)(iv) below, the number of Restricted Stock Units that are earned for the Performance Period with respect to each metric equals (A) the total number of Restricted Stock Units granted times (B) the applicable weighting times (C) the percentage earned in accordance with the following table, rounded down to the next whole unit. Three3-year Average ROA(50ROA (50% Weighting) Three3-year Average Growth inAdjusted in Adjusted TBV(50% Weighting) Standard ROA % Earned Standard Based on Goal Achievement Adjusted TBV % Earned <Based on Goal Achievement Less than 60 bps60 bps80 bps≥100 bps 0%330% Less than 5.25% 0% 60 bps 33-1/3%661/3% 5.25% 33-2/3%1001/3% <5.25%5.25%7.00%≥8.5075 bps 66-2/3% 0%337.00% 66-1/3%66-2/3%1002/3% 90 bps 100% 8.50% 100% The Three3-year Average ROA and the Three3-year Average Growth in Adjusted TBV will be determined in accordance with conventional rounding principles to the nearest basis point (for Three3-year Average ROA) and the nearest one-hundredth of a percent (for Three3-year Average Growth in Adjusted TBV) (e.g., 60.4 bps will be rounded down to 60 bps for Three3-year Average ROA and 5.256% will be rounded up to 5.26% for Three3-year Average Growth in Adjusted TBV). The percentage earned for performance between levels at or above the threshold level (i.e., sixty (60) bps for Three3-year Average ROA and 5.25% for Three3-year Average Growth in Adjusted TBV) shall be interpolated on a straight line basis. No interpolation shall apply for performance below the threshold level.

Performance Vesting Schedule and Settlement Date. Subject to the additional conditions set forth in paragraph (a)(iv) below, the number of Restricted Stock Units that are earned for the Performance Period with respect to each metric equals (A) the total number of Restricted Stock Units granted times (B) the applicable weighting times (C) the percentage earned in accordance with the following table, rounded down to the next whole unit. Three3-year Average ROA(50% Weighting) Three3-year Average Growth inAdjusted TBV(50% Weighting) Standard ROA % Earned Standard Basedon GoalAchievement Adjusted TBV % Earned <Basedon GoalAchievement Less than 60 bps60 bps80 bps≥100 bps100 bps 0%33-1/3%66-2/3%100% <5.25%5.25%7.00%≥8.50Less than 5.25%5.25%7.00%8.50% 0%33-1/3%66-2/3%100% The Three3-year Average ROA and the Three3-year Average Growth in Adjusted TBV will be determined in accordance with conventional rounding principles to the nearest basis point (for Three3-year Average ROA) and the nearest one-hundredth of a percent (for Three3-year Average Growth in Adjusted TBV) (e.g., 60.4 bps will be rounded down to 60 bps for Three3-year Average ROA and 5.256% will be rounded up to 5.26% for Three3-year Average Growth in Adjusted TBV). The percentage earned for performance between levels at or above the threshold level (i.e., sixty (60) bps for Three3-year Average ROA and 5.25% for Three3-year Average Growth in Adjusted TBV) shall be interpolated on a straight line basis. No interpolation shall apply for performance below the threshold level.

Performance Vesting Schedule and Settlement Date. Subject to the additional conditions set forth in paragraph (a)(iv) below, the number of Restricted Stock Units that are earned for the Performance Period with respect to each metric equals (A) the total number of Restricted Stock Units granted times (B) the applicable weighting times (C) the percentage earned in accordance with the following table, rounded down to the next whole unit. Three3-year Average ROA(50ROA (50% Weighting) Three3-year Average Growth inAdjusted in Adjusted TBV(50% Weighting) Standard ROA % Earned Standard Based on Goal Achievement Adjusted TBV % Earned <60 bps60 bps80 bps≥100 Based on Goal Achievement Less than 50 bps 0%330% Less than 5.25% 0% 50 bps 33-1/3%661/3% 5.25% 33-2/3%1001/3% <5.25%5.25%7.00%≥8.5065 bps 66-2/3% 0%337.00% 66-1/3%66-2/3%1002/3% 80 bps 100% 8.50% 100% The Three3-year Average ROA and the Three3-year Average Growth in Adjusted TBV will be determined in accordance with conventional rounding principles to the nearest basis point (for Three3-year Average ROA) and the nearest one-hundredth of a percent (for Three3-year Average Growth in Adjusted TBV) (e.g., 60.4 50.4 bps will be rounded down to 60 50 bps for Three3-year Average ROA and 5.256% will be rounded up to 5.26% for Three3-year Average Growth in Adjusted TBV). The percentage earned for performance between levels at or above the threshold level (i.e., sixty fifty (6050) bps for Three3-year Average ROA and 5.25% for Three3-year Average Growth in Adjusted TBV) shall be interpolated on a straight line basis. No interpolation shall apply for performance below the threshold level.