Common use of Performance-Based Vesting Clause in Contracts

Performance-Based Vesting. Subject to Section C, certain of the Restricted Units shall be subject to performance-based vesting in accordance with Section (B)(i) (the “TSR Performance-Based Units”), Section (B)(ii) (the “Recurrent Consumer Spending Performance-Based Units”), and Section (B)(iii) (the “IP Performance-Based Units,” and together with the TSR Performance-Based Units and the Recurrent Consumer Spending Performance-Based Units, the “Performance-Based Units”).

Appears in 7 contracts

Samples: Restricted Unit Agreement (Take Two Interactive Software Inc), Restricted Unit Agreement (Take Two Interactive Software Inc), Restricted Unit Agreement

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Performance-Based Vesting. Subject to Section C, certain of the Restricted Units shall be subject to performance-based vesting in accordance with Section (B)(i) (the “TSR Performance-Based Units”), Section (B)(ii) (the “Recurrent Consumer Spending New IP Performance-Based Units”), and Section (B)(iii) (the “Major IP Performance-Based Units,” and together with the TSR Performance-Based Units and the Recurrent Consumer Spending New IP Performance-Based Units, the “Performance-Based Units”).

Appears in 6 contracts

Samples: Management Agreement, Restricted Unit Agreement (Take Two Interactive Software Inc), Restricted Unit Agreement (Take Two Interactive Software Inc)

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Performance-Based Vesting. Subject to Section C, certain of the Restricted Units shall be subject to performance-based vesting in accordance with Section (B)(i) (the “TSR Performance-Based Units”), and Section (B)(ii) (the “Recurrent Consumer Spending Performance-Based Units”), and Section (B)(iii) (the “IP Performance-Based Units,” and together with the TSR Performance-Based Units and the Recurrent Consumer Spending Performance-Based Units, the “Performance-Based Units”).

Appears in 2 contracts

Samples: Restricted Unit Agreement (Take Two Interactive Software Inc), Restricted Unit Agreement (Take Two Interactive Software Inc)

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