Service Condition Percentage

Example Definitions of "Service Condition Percentage"
Service Condition Percentage. Subject to Grantee's continued status as a Service Provider on the applicable Service Date, a percentage equal to sixty percent (60%) as of May 1, 2010 and one and two-thirds percent (1 2/ 3%) as of the date of each monthly anniversary thereafter; provided, however, that in the event that a Change in Control occurs and the Grantee remains a Service Provider until the Change in Control Date, the Service Condition Percentage shall be one hundred percent (100%) as of immediately prior to the... consummation of such Change in Control; provided, further, that in the event of a Covered Termination, the Service Condition Percentage means, subject to Grantee's continued status as a Service Provider on the applicable Service Date, a percentage equal to twenty percent (20%) as of May 1, 2008 and one and two-thirds percent (1 2/3%) as of the date of each monthly anniversary thereafter. View More
Found in Digital Realty Trust Inc contract
Service Condition Percentage. Subject to Grantee's continued status as a Service Provider on the applicable Service Date, a percentage equal to sixty twenty percent (60%) (20%) as of May 1, 2010 September 30, 2006 and one and two-thirds percent (1 2/ 3%) (1- 2/3%) as of the date of each monthly anniversary thereafter; thereafter (September 30, 2006 and each such anniversary, a "Service Date"); provided, however, that in the event that a Change in Control occurs and the Grantee remains a Service Provider until the Change in... Control Date, the Service Condition Percentage shall be one hundred percent (100%) as of immediately prior to the consummation of such Change in Control; provided, further, that in the event of a Covered Termination, the Service Condition Percentage means, subject to Grantee's continued status as a Service Provider on the applicable Service Date, a percentage equal to twenty percent (20%) as of May 1, 2008 and one and two-thirds percent (1 2/3%) as of the date of each monthly anniversary thereafter. Control View More
Found in Digital Realty Trust Inc contract
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