Common use of Primary Vesting Method Clause in Contracts

Primary Vesting Method. Company achieves the Annual Performance Target for FY [ ]. The [ ]% of the Performance Option eligible to vest in respect of FY [ ] becomes immediately vested on the first anniversary of the Grant Date pursuant to the Primary Vesting Method.

Primary Vesting Method. Company achieves the Annual Performance Target for FY [ ]2012. The [ ]20% of the Performance Option Options eligible to vest in respect of FY [ ] 2012 becomes immediately vested on the first anniversary of the Grant Date pursuant to the Primary Vesting Method.