Initial Performance Period. The Initial Performance Period shall be the three Fiscal Year period beginning with the Fiscal Year in which this Agreement is executed. Restrictions shall be satisfied and lapse after the Initial Performance Period in accordance with the following schedule: RONA (as defined in Section 5(c)) Percentage of Restricted Shares during Initial Performance Period upon which restrictions lapse ----------------------------------- -------------------------------- 30.00% or less 0.00% 31.00% 20.00% 32.00% 40.00% 33.00% 60.00% 34.00% 80.00% 35.00% or more 100.00%
Appears in 1 contract
Sources: Restricted Stock Award Agreement (McDonnell Douglas Corp)
Initial Performance Period. The Initial Performance Period shall be the three Fiscal Year period beginning with the Fiscal Year in which this Agreement is executed. Restrictions shall be satisfied and lapse after the Initial Performance Period in accordance with the following schedule: RONA (as defined in Section 5(c)) Percentage of Restricted Shares during Initial Performance Period upon which restrictions lapse ----------------------------------- -------------------------------- 30.0025.00% or less 0.00% 31.0026.00% 20.00% 32.0027.00% 40.00% 33.0028.00% 60.00% 34.0029.00% 80.00% 35.0030.00% or more 100.00%
Appears in 1 contract
Sources: Grant Performance Accelerated Restricted Stock Award Agreement (McDonnell Douglas Corp)