Threshold Performance Goal. [ ]% of the Objective Criteria Target Units subject to the Objective Criteria Award shall vest and be earned if (i) [ ] meets or exceeds [ ] for the Performance Period (the “Objective Criteria Threshold Performance Goal”), and (ii) the Participant is employed by or in service with the Company on the Vesting Date and has been continuously employed or in service since the Date of Grant. Except as otherwise provided in this Agreement, both the performance condition described in Section 1(a)(i) and the service condition described in Section 1(a)(ii) must be met in order for any of the Objective Criteria Target Units to vest pursuant to this Section 1(a).
Appears in 2 contracts
Sources: Performance Contingent Restricted Stock Unit Award Agreement (Regional Management Corp.), Performance Contingent Restricted Stock Unit Award Agreement (Regional Management Corp.)