Definition of 2012 Performance-Based RSU


2012 Performance-Based RSU means a Timken Performance-Based RSU granted during the 2012 calendar year.

Examples of 2012 Performance-Based RSU in a sentence

For the purposes of this Employee Matters Agreement: 2012 Performance-Based RSU means a Timken Performance-Based RSU granted during the 2012 calendar year.
Notwithstanding any provision of the applicable award agreement, Timken will pay each such award held by a Bearings Employee or a Former Bearings Business Employee, and TimkenSteel will pay each such award held by a TimkenSteel Employee or a Former TimkenSteel Business Employee, in cash between January 1, 2015 and March 15, 2015 based on the Timken PRSU Price for each Timken Common Share earned with respect to such 2012 Performance-Based RSU.