Common use of Pool I Performance Vesting Shares Clause in Contracts

Pool I Performance Vesting Shares. The performance goal with respect to Pool I Performance Vesting Shares shall be DCF of $48 million for the fiscal year of the Company ending March 31, 2009. If the Performance Goal described in the preceding sentence is met as of the end of the Performance Period, all Pool I Performance Vesting Shares shall vest, and Participant shall own such Pool I Performance Vesting Shares free of all restrictions otherwise imposed by this Agreement. Pool I Performance Vesting Shares that have not vested at or prior to the end of the Performance Period shall be forfeited.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Coinmach Service Corp), Restricted Stock Agreement (Coinmach Service Corp), Restricted Stock Agreement (Coinmach Service Corp)

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