Catch-up Vesting Percentage
Catch-up Vesting Percentage. A percentage determined as follows: (a) for the calendar year 2006, the Catch-up Vesting Percentage will equal zero percent. (b) for any of calendar years 2007, 2008, 2009 or 2010, if the Historic Vesting Percentage was equal to 20%, the Catch-up Vesting Percentage will equal zero percent; (c) for any of calendar years 2007, 2008, 2009 or 2010, if the Historic Vesting Percentage was less than 20%, the Catch-up Vesting Percentage will be an amount (expressed as a percentage) equal to (i) the...
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Camp Recovery Center, LLC contract