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On Assignment to Grant Restricted Stock Unit Awards to Creative Circle Employees

12/17/2015

CALABASAS, Calif.--(BUSINESS WIRE)--On Assignment, Inc. (NYSE: ASGN), a leading global provider of diversified professional staffing solutions, announced that it granted restricted stock unit awards today to 44 employees of Creative Circle, LLC, covering an aggregate of 44,645 On Assignment shares, as contemplated by On Assignment and Creative Circle upon On Assignment’s acquisition of Creative Circle in June 2015. The awards will vest, subject to the employee’s continued service, (a) as to 40% of the award over three years with one-third of this portion vesting on the first anniversary of the closing and the remaining two-thirds vesting in eight substantially equal quarterly installments thereafter, and (b) as to 60% of the award initially vesting in 12 substantially equal quarterly installments beginning on April 1, 2017 and on each quarterly anniversary thereafter if a performance target to be based upon Creative Circle’s 2016 performance is achieved. The restricted stock unit awards were granted to the Creative Circle employees as employment inducement awards pursuant to New York Stock Exchange rules.

About Creative Circle
Creative Circle, a division of On Assignment, is a specialized staffing agency representing innovative advertising, marketing, and interactive professionals. The company connects creatives to agencies, brands and companies requiring creative, marketing, or interactive talent on both a freelance and full-time basis. With offices in 25 major cities throughout the U.S. and Canada, Creative Circle is strategically positioned to work with clients of all shapes and sizes, from the most innovative creative boutiques to the largest corporations nationwide. To learn more about Creative Circle, go to www.creativecircle.com.

About On Assignment
On Assignment, Inc. is a leading global provider of in-demand, skilled professionals in the growing technology, life sciences, and creative sectors, where quality people are the key to success. The Company goes beyond matching resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. Clients recognize On Assignment for its quality candidates, quick response, and successful assignments. Professionals think of On Assignment as career-building partners with the depth and breadth of experience to help them reach their goals.

On Assignment, which is based in Calabasas, California, was founded in 1985 and went public in 1992. The Company has a network of branch offices throughout the United States, Canada, United Kingdom, and Europe. To learn more, visit http://www.onassignment.com.

Contact:

On Assignment, Inc.
Ed Pierce, Chief Financial Officer
818-878-7900

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