Award of Performance Stock Units. The Company hereby confirms the grant to you, as of the Grant Date and subject to the terms and conditions of this Agreement and the Plan, of an award of Performance Stock Units (the “Units”) in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement. The number of Units that may actually be earned and become eligible to vest pursuant to this Award can be between 0% and 200% of the Target Number of Performance Stock Units, but may not exceed the Maximum Number of Performance Stock Units specified on the cover page of this Agreement. Each Unit that is earned as a result of the performance goals specified in [Exhibit 1] to this Agreement having been satisfied and which thereafter vests represents the right to receive one share of the Company’s common stock (each, a “Share”). Prior to their settlement or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to a performance stock unit account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company.
Award of Performance Stock Units. The Company hereby confirms the grantgrants to you, as of the Grant Date specified on the cover page of this Agreement (the “Grant Date”) and subject to the terms and conditions ofin this Agreement and the Plan, of an awardAward of Performance Stock Units (the “Units”) in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement. The number of Units that may actually be earned and become eligible to vest pursuant to this Award can be between 0%25% and 200%175% of the Target Number of Performance Stock Units, but may not exceed the Maximum Number of Performance Stock Units specified on the cover page of this Agreement. Each Unit that is earned as a result of the performance goals specified in [Exhibit 1]Exhibit A to this Agreement having been satisfied and which thereafter vests represents the right to receive one shareShare of the Company’s common stock (each, a “Share”).Stock. Prior to their settlement or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to a performance stock unitan account in your name maintained by the Company. This account willshall be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company.
AwardGrant of Performance Stock Units. The Company hereby confirms the grantgrants to you, as of the Grant Date and subject to the terms and conditions ofin this Agreement and the Plan, an Award of an awardthe number of Performance Stock Units (the “Units”(“Units”) in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement.Agreement, each representing the right to receive one Share of the Company’s Stock. The number of Units that maywill actually be earnedachieved and become eligible to vest pursuant to this Award can be between 0%less than the total number of Units, and 200% of the Target Number of Performance Stock Units, but may not exceed the Maximum Number of Performance Stock Units specifiedwill be determined based on the cover page of this Agreement. Each Unit that is earned as a result ofextent to which the Company has satisfied the performance goals specifiedset forth in [Exhibit 1]A] to this Agreement having been satisfied and which thereafter vests represents the right to receive one share of the Company’s common stock (each, a “Share”). Prior to their settlement or forfeiture in accordance with the terms of this Agreement, theAgreement. The Units granted to you will be credited to a performance stock unit account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representingrepresent an unfunded and unsecured contingent obligation of the Company.
AwardGrant of Performance Stock Units. The Company hereby confirmsgrants to the grantEmployee an Award of Performance Stock Units (such number to you,be determined as set forth in Section 4(b) based on a target award of the Grant Date and subject to Performance Stock Units) on the terms and conditions of this Agreementset forth herein and in the Plan, of an award ofPlan. Each Performance Stock Units (the “Units”) in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement. The number of Units that may actually be earned and become eligible to vest pursuant to this Award can be between 0% and 200% of the Target Number of Performance Stock Units, but may not exceed the Maximum Number of Performance Stock Units specified on the cover page of this Agreement. Each Unit that is earned as a result of the performance goals specified in [Exhibit 1] to this Agreement having been satisfied and which thereafter vests represents the right of the Employee to receive the payment of one share ofShare on the Company’s common stock (each, a “Share”). Prior to their settlement or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to a performance stock unit account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company.date that payment is made.
Award of Performance Stock Units.Award. The Company hereby confirmsgrants to the grant to you, asEmployee a target number of units (“Performance Units”) set forth in the Grant Date andattached [Exhibit A], subject to the restrictions, terms and conditions of this Agreementset forth in the Plan and the Plan, of an award of Performance Stock Units (the “Units”) in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement. The number of Units that may actually be earned and become eligible to vest pursuant to this Award can be between 0% and 200% of the Target Number of Performance Stock Units, but may not exceed the Maximum Number of Performance Stock Units specified on the cover page of this Agreement. Each Performance Unit that is earned as a result of the performance goals specified in [Exhibit 1] to this Agreement having been satisfied and which thereafter vests represents the right to receive onea single share of Common Stock in the Company’s common stock (each, a “Share”)event the Performance Objectives are achieved at target levels as set forth in [Exhibit A]. PriorThe actual number of shares of Common Stock to their settlementbe issued may be higher or forfeiture in accordance withlower than the terms of this Agreement,target number, depending the Units granted to you will be credited to a performance stock unit account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligationachievement of the Company.Performance Objectives as set forth in [Exhibit A].
AwardGrant of Performance Stock Units.Unit Award. The Company hereby confirmsgrants to the grant to you,Participant, as of the Grant Date and subject tospecified above, the terms and conditions of this Agreement and the Plan, of an award of Performance Stock Units (the “Units”) in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement. The number of Units that may actuallyTarget PSUs specified above, with the actual number of shares of Common Stock to be earned and become eligible to vestissued pursuant to this Award can be between 0% and 200%contingent upon satisfaction of the Target Number of Performance Stock Units,vesting conditions described in Section 3 hereof, subject to Section 4, but may not to exceed the Maximum Number of Performance Stock Units specified onShares. Except as otherwise provided by the cover page ofPlan, the Participant agrees and understands that nothing contained in this Agreement. Each Unit thatAgreement provides, or is earned as a resultintended to provide, the Participant with any protection against potential future dilution of the performance goals specifiedParticipant’s interest in [Exhibit 1] to this Agreement having been satisfiedthe Company for any reason, and which thereafter vests represents the right to receive one shareno adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of the Company’s common stock (each, a “Share”). Prior to their settlementshares of Common Stock underlying the PSUs, except as otherwise specifically provided for in the Plan or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to a performance stock unit account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company.Agreement.
Award of Performance Stock Units. The Company hereby confirms the grant to you, as an employee of the Grant DateCompany, has been granted an Award under the Plan for [] Restricted Stock Units (the “Time-Based Units”) and [] Performance Units (the “Performance Units”, collectively, with the Time-Based Units, the “Awarded Units”), which may be converted into the number of whole shares of Common Stock (as determined under Section 4 below) equal to the number of vested Awarded Units (determined in accordance with Section 3 below), subject to the terms and conditions of the Plan and this Performance Award Agreement and(this “Agreement”). The Date of Grant of this Award is March 22, 2017. The maximum number of shares of Common Stock that could be issued with respect to the Plan,Awarded Units is []. Each Awarded Unit shall be a notional share of an awardCommon Stock, with the value of Performance Stock Units (the “Units”) in an amount initiallyeach Awarded Unit being equal to the Target NumberFair Market Value of Performance Stock Units specified on the cover page of this Agreement. The number of Units that may actually be earned and become eligible to vest pursuant to this Award can be between 0% and 200% of the Target Number of Performance Stock Units, but may not exceed the Maximum Number of Performance Stock Units specified on the cover page of this Agreement. Each Unit that is earned as a result of the performance goals specified in [Exhibit 1] to this Agreement having been satisfied and which thereafter vests represents the right to receive one share of the Company’s common stock (each, a “Share”). Prior to their settlement or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to a performance stock unit account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company.Common Stock at any time.
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