Common use of Vesting of Performance Stock Units Clause in Contracts

Vesting of Performance Stock Units. The Performance Stock Units will vest and become payable to the extent earned on January 31, 2013 (the “Vesting Date”); provided, the Participant remains continuously employed in active service by the Company or its Subsidiaries from the Award Date through the Vesting Date. Except as otherwise expressly provided herein, in the event that the Participant is not employed on the Vesting Date, the Award will be forfeited and terminate on the Participant’s termination of employment. Employment for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits related to the Performance Stock Units upon or following a termination of employment as provided in this Agreement. In addition, the Participant’s Performance Stock Units are subject to forfeiture if the Company's performance goals are not achieved, as described below.

Vesting of Performance Stock Units. The Performance Stock Units will vest and become payable to the extent earned on January 31February 28, 2013 2016 (the “Vesting Date”); provided, the Participant remains continuously employed in active service by the Company or its Subsidiaries from the Award Date through the Vesting Date. Except as otherwise expressly provided herein, in the event that the Participant is not employed on the Vesting Date, the Award will be forfeited and terminate on the Participant’s termination of employment. Employment for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits related to the Performance Stock Units upon or following a termination of employment as provided in this Agreement. In addition, the Participant’s Performance Stock Units are subject to forfeiture if the Company's performance goals are not achieved, as described below.

Vesting of Performance Stock Units. The Performance Stock Units will vest and become payable to the extent earned on January 31February 28, 2013 2017 (the “Vesting Date”); provided, the Participant remains continuously employed in active service by the Company or its Subsidiaries from the Award Date through the Vesting Date. Except as otherwise expressly provided herein, in the event that the Participant is not employed on the Vesting Date, the Award will be forfeited and terminate on the Participant’s termination of employment. Employment for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits related to the Performance Stock Units upon or following a termination of employment as provided in this Agreement. In addition, the Participant’s Performance Stock Units are subject to forfeiture if the Company's performance goals are not achieved, as described below.