Vesting Percentage definition

Vesting Percentage means the percentage by which the Target Total Award is multiplied as set forth in the chart in Section II below.

Vesting Percentage has the meaning specified in Section 3(a).

Vesting Percentage is the percentage of the accrual balance in which the Executive is vested as determined in accordance with Schedule A.

Examples of Vesting Percentage in a sentence

• Before Your Vesting Percentage Is 100% If you have a forfeiture date, you forfeit (lose the right to) any part of your account that is not vested.

• The Period of Restriction shall terminate with respect to the amount equal to the Applicable Vesting Percentage multiplied by the First Category Shares, provided that: (i) the Committee shall have certified the Three Year Average Percentile level for the Company’s “Return on Equity” that corresponds to such Applicable Vesting Percentage; and (ii) Grantee is an Employee on the Date of Certification.

• No grievance shall be processed unless the Grievance identifies an action or omission that allegedly violates this Agreement.

• Before Your Vesting Percentage Is 100%If you have a forfeiture date, you forfeit (lose the right to) any part of your account that is not vested.

• The determination of the Vesting Percentage shall be made after such time as the Committee has obtained the information, made the decisions, and completed the calculations necessary to make such determination.

More Definitions of Vesting Percentage

Vesting Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 3, which shall be used to determine the value of each Performance Unit.

Vesting Percentage has the meaning specified in Section 5.

Vesting Percentage means a cumulative ten percent (10%) for each Year of Service until a maximum of one hundred percent (100%) after ten (10) Years of Service.

Vesting Percentage means that percentage listed on Schedule A, which is attached hereto, which corresponds with the age of the Executive, at any given time. However, advances and or changes in the vesting schedule with respect to a change in the age of the Executive shall be made only on December 31 of each calendar year during which Executive attained the stated age.

Vesting Percentage means, with respect to a calendar year, a percentage determined as follows:

Vesting Percentage means the “Vesting Percentage” determined in accordance with Exhibit A attached hereto, which is a function of the MSCI Index Relative Performance during the Performance Period.

Vesting Percentage means the percentage determined under the following vesting schedule based on the Executive’s Years of Vesting Service: Years of Vesting Service Vesting Percentage Less than 6 0 % 6 20 % 7 40 % 8 60 % 9 80 % 10 or more 100 %