Common use of First Segment Clause in Contracts

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 2021) shall be the calendar year ending on December 31, 2020.

Appears in 3 contracts

Sources: Performance Share Agreement (Valero Energy Corp/Tx), Performance Share Agreement (Valero Energy Corp/Tx), Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212024) shall be the calendar year ending on December 31, 20202023.

Appears in 2 contracts

Sources: Performance Share Agreement (Valero Energy Corp/Tx), Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212022) shall be the calendar year ending on December 31, 20202021.

Appears in 2 contracts

Sources: Performance Share Agreement (Valero Energy Corp/Tx), Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212025) shall be the calendar year ending on December 31, 20202024.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212013) shall be the calendar year ending on December 31, 20202012.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212019) shall be the calendar year ending on December 31, 20202018.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212012) shall be the calendar year ending on December 31, 20202011.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212015) shall be the calendar year ending on December 31, 20202014.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212023) shall be the calendar year ending on December 31, 20202022.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)

First Segment. The Performance Period for the first one-third vesting of Performance Shares (those vesting on the Normal Vesting Date in January 20212016) shall be the calendar year ending on December 31, 20202015.

Appears in 1 contract

Sources: Performance Share Agreement (Valero Energy Corp/Tx)