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FPO » Topics » 8.02. Vesting

This excerpt taken from the FPO DEF 14A filed Apr 8, 2009.
8.02. Vesting
 
The Administrator, on the date of the award, may prescribe that a Participant’s rights in a Share Award shall be forfeitable or otherwise restricted for a period of time or subject to such conditions as may be set forth in the Agreement. A Share Award that is forfeitable, nontransferable, or both on the date of grant shall become nonforfeitable and transferable at such time or times and subject to such criteria as the Administrator deems appropriate, including, without limitation, the satisfaction of performance goals established under Section 8.03.
 

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