Vesting Percentage

Vesting Percentage. Shall mean the percentage equal to the product of 100 percent multiplied by a fraction, the numerator of which is the number of days elapsed from the Agreement Date through the date of the termination of the Stockholder's employment by the Company without Cause (other than following a Change of Control) or by reason of the Stockholder's death or Disability, and the denominator of which is 1,644.

Vesting Percentage. Shall mean the percentage of Supplemental Retirement Benefits, death benefits, and disability benefits in which Executive has a nonforfeitable interest (except in the event of termination for Cause) based upon the number of Years of Service Executive has completed, determined as follows: Completed Years of Service Vesting Percentage -------------------------- ------------------ 0 0% 1 ... 10% 2 20% 3 30% 4 40% 5 50% 6 60% 7 70% 8 80% 9 90% 10 100% Notwithstanding anything herein to the contrary, if Executive's employment with the Corporation terminates following a Change of Control, unless such termination is for Cause, for purposes of Subsections 5(g), 5(h), and 5(i) of this Agreement Executive shall be deemed to have completed ten (10) Years of Service and her Vesting Percentage shall be deemed to be 100%. View More

Vesting Percentage. Means, from time to time, (i) until the first anniversary of the Start Date, zero, or (ii) on or after the first anniversary of the Start Date, an amount, which shall in no event exceed 1.00, equal to the sum of (x) the quotient determined by dividing 1 by 3, and (y) the product of (a) the quotient determined by dividing 1 by 36, and (b) the number of full months elapsed as of the date of determination since the first anniversary of the Start Date; provided that the Vesting Percentage will be... increased to 1.00 (if its below 1.00) if a Sale of the Company is consummated and Executive remains employed by the Company through the date of such Sale of the Company is consummated; provided further that notwithstanding the foregoing, the Vesting Percentage shall not increase (or decrease for that matter) at any time after the date on which Executive's employment with the Company terminates; provided further that notwithstanding the foregoing if Executive's employment with the Company is terminated by the Company at any time for Cause, the Vesting Percentage shall be reduced to zero. View More

Vesting Percentage. Means, with respect to a calendar year, a percentage determined as follows: (a) if the EBITDA Percentage for such calendar year is less than or equal to 90%, the Vesting Percentage will equal zero percent; (b) if the EBITDA Percentage for such calendar year is equal to or greater than 100%, the Vesting Percentage will equal 20 percent; and (c) if the EBITDA Percentage for such calendar year is between 90% and 100%, the Vesting Percentage will equal the product (expressed as a percentage) of (i)... two multiplied by (ii) the EBITDA Percentage for such calendar year minus 90%. For example, if the EBITDA Percentage for a calendar year were 97%, the Vesting Percentage for such year would be 14%. View More

Vesting Percentage. The value (as of December 31 of the relevant Fee Period) of (x) (i) the assets of the Company, excluding assets not subject to an Incentive Fee (the Company Assets) plus (ii) all other assets of U.S. investment partnerships and other entities as to which the Investment Manager provides services which are subject to an incentive allocation or incentive fee, divided by (y) the Company Assets. The Investment Manager shall notify the Company, and each Participant, as to the Vesting Percentage as... soon as practicable after the end of the Fee Period View More

Vesting Percentage. 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 %

Vesting Percentage. Shall mean the percent to which the Award is vested in accordance with Section 3 below.