Common use of Performance-Based Accelerated Vesting Clause in Contracts

Performance-Based Accelerated Vesting. Upon the occurrence of the Company’s achievement of aggregate net income before tax, on a fully-diluted basis, over four (4) consecutive quarters of $1.00 per share (the “Acceleration Target”), one hundred percent (100%) of the Units shall vest automatically. Achievement of the Acceleration Target shall be determined in the sole discretion of the Compensation Committee of the Board of Directors;