Year 1. The number of Performance RSUs for which a Release Date will occur on the first date set forth after “Performance RSUs Release Date” in the Base Instrument shall be the product of (I) the Number of Performance RSUs Granted and (II) the Year 1 Vesting Percentage. Such number of RSUs shall be rounded down to the nearest whole RSU.
Appears in 2 contracts
Sources: Restricted Stock Unit Agreement (Mgic Investment Corp), Restricted Stock Unit Agreement (Mgic Investment Corp)