When the employees of ChipMOS Taiwan accomplished the following years of service and performance conditions, the received restricted shares will be vested based on the vesting ratio.
The 1st year | The 2nd year | The 3rd year | ||||
Years of service following the receipt of restricted shares |
Continuous service for one year |
Continuous service for two years |
Continuous service for three years |
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Grade of performance appraisal |
>=B+ | >=B+ | >=B+ | |||
Compliance of terms agreed by the staff and the Company |
No violation | No violation | No violation | |||
Vesting ratio of numbers of restricted shares received |
30% | 30% | 40% |