Common use of Performance Share Unit Grant Clause in Contracts

Performance Share Unit Grant. A grant of a performance share unit award under the Equity Plan for a number of shares of Verra Mobility Class A Common Stock with a total value, as measured by the closing price of Verra Mobility’s Class A Common Stock on the Nasdaq Capital Market on the date of grant, equal to One Hundred and Fifty Thousand Dollars ($150,000.00) (“PSUs”), subject to the Plan and Executive’s PSU award agreement, which shall include the following vesting schedule: the PSUs shall vest based on Relative Total _______ Executive’s Initials

Appears in 1 contract

Sources: Executive Employment Agreement (VERRA MOBILITY Corp)

Performance Share Unit Grant. A grant of a performance share unit award under the Equity Plan for a number of shares of Verra Mobility Class A Common Stock with a total value, as measured by the closing price of Verra Mobility’s Class A Common Stock on the Nasdaq Capital Market on the date of grant, equal to One Hundred and Fifty Thousand Dollars three hundred thousand dollars ($150,000.00300,000) (“PSUs”), subject to the Plan and Executive’s PSU award agreement, which shall include the following vesting schedule: the PSUs shall vest based on Relative Total Stockholder Return _______ Executive’s Initials

Appears in 1 contract

Sources: Executive Employment Agreement (VERRA MOBILITY Corp)