Common use of Additional PSUs Clause in Contracts

Additional PSUs. The Participant’s interest in the Additional PSUs shall become vested and nonforfeitable on the date, and to the extent that, the underlying Target PSUs in respect of which the Additional PSUs were credited, become vested and nonforfeitable, including after adjustment for performance in accordance with this Section 3.

Appears in 2 contracts

Sources: Psu Award Agreement (Annaly Capital Management Inc), Psu Award Agreement (Annaly Capital Management Inc)