Form of Payment and Timing of Performance-Based Awards. Payment of earned Performance-Based Awards shall be as determined by the Committee and as evidenced in the applicable Award Agreement. Earned Performance-Based Awards may be paid in shares of Common Stock and shall be payable, to the extent earned, at the close of the applicable Performance Period, or as soon as reasonably practicable after the Committee has determined that the performance goal or goals have been achieved. Any shares of Common Stock paid out under such Awards may be granted subject to any restrictions deemed appropriate by the Committee. The determination of the Committee with respect to the form of payout of such Awards shall be set forth in the Award Agreement.
Form of Payment and Timing of Performance-Based Awards. Payment of earned Performance-Based Awards shall be as determined by the Committee and as evidenced in the applicable Award Agreement. EarnedSubject to the terms of the Plan, the Committee, in its sole discretion, may pay earned Performance-Based Awards may be paid in shares of Common Stock and shall be payable, topay the extent earned,Awards that have been earned at the close of the applicable Performance Period, or as soon as reasonably practicable after the Committee has determined that the performance goal or goals have been achieved.achieved; provided that, unless specifically provided in the Award Agreement for such Awards, such payment shall occur no later than the 15th day of the third month following the end of the calendar year in which such Performance Period ends. Any shares of Common Stock paid out under such Awards may be granted subject to any restrictions deemed appropriate by the Committee. The determination of the Committee with respect to the form of payout of such Awards shall be set forth in the Award Agreement.Agreement for the Awards.
Form of Payment and Timing of Performance-BasedPayment of Performance Awards. Payment of earned Performance-BasedPerformance Awards shall be as determined by the Committee at the Grant Date and asshall be evidenced in the applicable Award Agreement. Earned Performance-Based Awards may be paid in shares of Common Stock and shall be payable,Subject to the extent earned,terms of the Plan and the Award Agreement, the Committee, in its sole discretion, may pay earned Performance Awards in the form of cash, Stock or other Awards (or in a combination cash, Stock or other Awards) equal to the value of the earned Performance Awards, payable at the close of the applicable Performance Period, or as soon as reasonably practicablewithin 60 days after the Committee has determined thatend of the performance goalPerformance Period. Any cash, Stock, or goals have been achieved. Any shares of Common Stock paid out under suchother Awards issued in connection with a Performance Award may be grantedissued subject to any restrictions deemed appropriate by the Committee. The determination of the Committee with respect to the form of payout of such Awards shall be set forth in the Award Agreement.
Form of Payment and Timing of Performance-Based Awards.Payment of Performance Units/Performance Shares. Payment of earned Performance-Based AwardsPerformance Units/Performance Shares shall be as determined by the Committee and as evidenced in the applicable Award Agreement. Earned Performance-Based Awards may be paid in shares of Common Stock and shall be payable,Subject to the extent earned,terms of this Plan, the Committee, in its sole discretion, may pay earned Performance Units/Performance Shares in the form of cash or in Shares (or in a combination thereof) equal to the value of the earned Performance Units/Performance Shares at the close of the applicable Performance Period, or as soon as reasonably practicable after the Committee has determined thatend of the performance goal or goals have been achieved.Performance Period. Any shares of Common Stock paid out under such AwardsShares may be granted subject to any restrictions deemed appropriate by the Committee. The determination of the Committee with respect to the form of payout of such Awards shall be set forth in the Award Agreement.Agreement pertaining to the grant of the Award.
Form of Payment and Timing of Performance-Based Awards.Payment of Performance Units/ Performance Shares. Payment of earned Performance-Based AwardsPerformance Units/ Performance Shares shall be as determined by the Compensation Committee and as evidenced in the applicable Award Agreement. Earned Performance-Based Awards may be paid in shares of Common Stock and shall be payable,Subject to the extent earned, at the closeterms of the applicablePlan, the Compensation Committee, in its sole discretion, may pay earned Performance Period,Units/ Performance Shares in the form of cash or as soon as reasonably practicable afterin Shares (or in a combination thereof) equal to the Committee has determined thatvalue of the performance goal or goals have been achieved.earned Performance Units/ Performance Shares. Payment will be made in accordance with the terms of the Award Agreement. Any shares of Common Stock paid out under such AwardsShares may be granted subject to any restrictions deemed appropriate by the Committee.Compensation Committee and as evidenced in the Award Agreement. The determination of the Compensation Committee with respect to the form of payout of such Awards and restrictions shall be set forth in the Award Agreement.Agreement pertaining to the grant of the Award.
Form of Payment and Timing of Performance-Based Awards. Payment of earnedThe Committee, at any time, and from time to time, may grant Performance-Based Awards shall beto a Participant in such amounts and upon such terms as determined by the Committee and as evidenced in the applicableshall determine. Each grant of a Performance-Based Award Agreement. Earned Performance-Based Awards may be paid inshall have an initial value or target number of shares of Common Stock and shall be payable, to the extent earned, at the close of the applicable Performance Period, or as soon as reasonably practicable after the Committee has determined that the performance goal or goals have been achieved. Any shares of Common Stock paid out under such Awards may be granted subject to any restrictions deemed appropriateis established by the Committee. The determinationCommittee shall establish # performance goals in its discretion which, depending on the extent to which they are achieved, shall determine the value and/or number of shares subject to a Performance-Based Award that will be paid out to the CommitteeParticipant, and # the Performance Period, which shall mean the period of time during which the performance goals must be achieved in order to determine the degree of payout after vesting with respect to the form of payout ofany such Awards shall be set forth in the Award Agreement.Performance-Based Award.
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