Common use of Vesting Percentage Clause in Contracts

Vesting Percentage. The approach to applying the performance multiplier will be as follows: The amount of the Award earned will be determined by multiplying the Award by the appropriate Vesting Percentage (below) that corresponds to the applicable Performance Level achieved during the Performance Period. The Vesting Percentage for a Performance Level between the points listed below will be determined using linear interpolation. PerformanceLevel Relative TSRand ROA(Equallyweighted) VestingPercentage < 25th Percentile 0% Threshold 25th Percentile 50% 30th Percentile 57.14% 40th Percentile 71.43% 50th Percentile 85.71% Target = 60th Percentile 100% Maximum > 75th Percentile 120%

Appears in 2 contracts

Samples: Agreement for Performance Stock Award (First Financial Bancorp /Oh/), Agreement for Performance Stock Award (First Financial Bancorp /Oh/)

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Vesting Percentage. The approach to applying the performance multiplier will be as follows: The amount of the Award earned will be determined by multiplying the Award by the appropriate Vesting Percentage (below) that corresponds to the applicable Performance Level achieved during the Performance Period. The Vesting Percentage for a Performance Level between the points listed below will be determined using linear interpolation. PerformanceLevel Performance Level Relative TSRand ROA(EquallyweightedTSR and ROA (Equally weighted) VestingPercentage < 25th Percentile 0% Threshold 25th Percentile 50% 30th Percentile 57.14% 40th Percentile 71.43% 50th Percentile 85.71% Target '= 60th Percentile 100% Maximum > 75th Percentile 120%

Appears in 1 contract

Samples: Performance Based Vesting (First Financial Bancorp /Oh/)

Vesting Percentage. The approach to applying the performance multiplier will be as follows: The amount of the Award earned will be determined by multiplying the Award by the appropriate Vesting Percentage (below) that corresponds to the applicable Performance Level achieved during the Performance Period. The Vesting Percentage for a Performance Level between the points listed below will be determined using linear interpolation. PerformanceLevel Performance Level Relative TSRand ROA(EquallyweightedTSR and ROA (Equally weighted) VestingPercentage Vesting Percentage < 25th Percentile 0% Threshold 25th Percentile 50% 30th Percentile 57.14% 40th Percentile 71.43% 50th Percentile 85.71% Target '= 60th Percentile 100% Maximum > 75th Percentile 120%

Appears in 1 contract

Samples: Agreement for Performance Stock Award (First Financial Bancorp /Oh/)

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Vesting Percentage. The approach to applying the performance multiplier will be as follows: The amount of the Award earned will be determined by multiplying the Award by the appropriate Vesting Percentage (below) that corresponds to the applicable Performance Level achieved during the Performance Period. The Vesting Percentage for a Performance Level between the points listed below will be determined using linear interpolation. PerformanceLevel Performance Level Relative TSRand ROA(EquallyweightedTSR and ROA (Equally weighted) VestingPercentage < 25th Percentile 0% Threshold 25th Percentile 50% 30th Percentile 57.14% 40th Percentile 71.43% 50th Percentile 85.71% Target = 60th Percentile 100% Maximum > 75th Percentile 120%

Appears in 1 contract

Samples: Agreement for Restricted Stock Award (First Financial Bancorp /Oh/)

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