Example ContractsClausesalternative vesting of prsusIdentical
Alternative Vesting of PRSUs
Alternative Vesting of PRSUs contract clause examples

Subject to the terms and conditions of Section 4 and Section 5 of this Agreement, the PRSUs will be earned and Vest on the basis of the relative achievement of the Management Objectives approved by the Committee on or before the Date of Grant (the “Performance Metrics”) for the period from January 1, 2020 through December 31, 2022, inclusive (the “Performance Period”), as set forth on Exhibit A of this Agreement. The Vesting of the PRSUs pursuant to this Section 3 or pursuant to Section 4 is contingent upon a determination of the Committee that the Performance Metrics have been satisfied and the PRSUs have been earned, as described in this Section 3 and set forth in Exhibit A.

TimkenSteel Corp (TMST) (CIK 0001598428)
Source: SEC EDGAR database • Date: October 29, 2020 • SIC: 3312 • CIK: 3312

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