Vesting Criteria. The RSU Award shall vest, and the Shares shall be issuable to the Participant, according to the Vesting Criteria set forth above. If application of the Vesting Criteria causes vesting of a fractional Share, such Share shall be rounded down to the nearest whole Share. Shares that vest and are issuable pursuant to the Vesting Criteria are “Vested Shares.”
Vesting Criteria. The Grantee’s interest in the Shares shall vest in full as of the earlier of (i) Grantee’s Retirement or (ii) Grantee’s death (as applicable, the “Vesting Date”). Prior to the Vesting Date, all Shares shall be unvested Shares.
Vesting Criteria. The Grantee’s interest in the Shares shall vest in accordance with the vesting schedule set forth below in this Section 3(a) (each such vesting date, a “Vesting Date”) only if the Return on Equity for the fiscal year ending March 31, 2021 is at least 10.0% (the “Performance Criteria”); provided, that the percentage of Shares that will be earned shall be based on the following: Performance Percentage of Criteria Shares Earned > 20.0% 100.0% 15.0% 83.3% 10.0% 66.7% ; provided, further, that the exact percentage of Shares earned shall be calculated based on straight-line interpolation between the points shown above with fractional points rounded up to the nearest tenth of a percent. After the end of the Performance Period, the Compensation Committee shall certify whether and to what extent the Performance Criteria has been satisfied (“Certification Date”) (such earned Shares shall then be considered “Earned But Unvested Shares” hereunder). Such Earned But Unvested Shares shall vest one-fourth on the seventh business day following the Certification Date and then ratably on the next three Service Vesting Dates. Prior to the Certification Date, all Shares shall be considered “unvested Shares.” If the Performance Criteria has not been satisfied then the Shares shall be immediately and automatically forfeited. Upon the Certification Date, any portion of the Shares that are not earned in accordance with the provisions above shall be forfeited.
Vesting Criteria. The Grantee’s interest in the Shares shall vest on the date designated (a "Vesting Date") in accordance with the following vesting schedule (the "Vesting Schedule"): Vesting Date Shares March 31, 2021 March 31, 2022 March 31, 2023 March 31, 2024 Total
Vesting Criteria. The shares of Common Stock covered by this Option (“Option Shares”) shall vest in accordance with the vesting schedule set forth below in this Section 2 (each such vesting date, a “Vesting Date”) only if the Return on Equity for the fiscal year ending March 31, 2018 is at least 11.0% (the “Performance Criteria”); provided, that the percentage of Option Shares that will be earned shall be based on the following: Performance Percentage of Criteria Options Earned > 18.0% 100.0% 14.5% 83.3% 11.0% 66.7% ; provided, further, that the exact percentage of Option Shares earned shall be calculated based on straight-line interpolation between the points shown above with fractional points rounded up to the nearest tenth of a percent. After the end of the Performance Period, the Compensation Committee shall certify whether and to what extent the Performance Criteria has been satisfied (“Certification Date”). If the Performance Criteria has not been satisfied then the Option Shares shall be immediately and automatically forfeited. Upon the Certification Date, any portion of the Option Shares that are not earned in accordance with the provisions above shall be forfeited.
Vesting Criteria. 1.1. This Option, and the Option Shares that may be purchased hereunder, shall vest with respect to one-thirty-sixth (1/36th) of the aggregate number of Option Shares on the first day of each calendar month immediately following Date of Issuance, subject to modification as provided in the Employment Agreement. The portion of this Option that shall have so vested and become exercisable is referred to herein as the “Vested Option.”
Vesting Criteria. The RSU Award shall vest, and the applicable number of shares of Common Stock shall be issuable and/or deliverable to the Participant, according to the vesting criteria set forth above (the “Vesting Criteria”). RSUs that vest and are issuable and/or deliverable hereunder as shares of Common Stock pursuant to the Vesting Criteria are “Vested RSUs.”
Vesting Criteria. This Award shall vest over thirty-six (36) months in equal monthly installments on the Vesting Commencement Date and on the first day of each of the thirty five (35) subsequent months, subject to the Participant’s continuous service with the Company or its Affiliate through the applicable vesting date, except as otherwise provided in the Agreement.
Vesting Criteria. This Stock Award shall vest upon the achievement of Company performance criteria as set by the Committee at the time of grant and as communicated to you concurrent with this Award Agreement. This Stock Award shall vest over a period of time not to exceed three years from the date stated in Section 1 above, which shall be known as the “Vesting Period”. Depending upon achievement of the Company performance criteria as solely determined by the Committee, this Stock Award may vest and be paid out at any level from zero to 200% of the Target Award.
Vesting Criteria. The RIU Award shall vest, and the applicable number of Common Units shall be issuable and/or deliverable and/or deliverable to the Participant, according to the Vesting Criteria set forth above. If application of the Vesting Criteria results in the vesting of a fractional RIU, such fractional RIU shall be rounded down to the nearest whole RIU (it being understood that fractional RIUs resulting from application of separate Performance Criteria and Measurement Periods hereunder shall first be added together, and then rounded down, if applicable, to the nearest whole RIU). RIUs that vest and are issuable and/or deliverable hereunder as Common Units pursuant to the Vesting Criteria are “Vested RIUs.”
