Grant of PSUs. In consideration of services rendered to the Company by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth herein and in the Company’s Stock Incentive Plan (the “Plan”), an award of performance-based stock units (individually, a “PSU” and collectively, the “PSUs”), representing the number of PSUs set forth under the Participant’s account in the Company’s third-party electronic stock administrative platform (the “Grant Summary”). The PSUs entitle the Participant to receive, upon and subject to the vesting of the PSUs (as described in [Section 2] below), one share of common stock, par value per share, of the Company (the “Common Stock”) for each PSU that vests. The shares of Common Stock that are issuable upon vesting of the PSUs are referred to herein as the “Shares”.
Grant of PSUs. In consideration of services rendered to the Company by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth herein and in the Company’s Stock Incentive Plan (the “Plan”), an award of performance-based stock units (individually, a “PSU” and collectively, the “PSUs”), representingin an amount equal to the maximum number of PSUs set forthshares issuable under the Participant’s account in the Company’s third-party electronic stock administrative platform (the “Grant Summary”)this Agreement (as described on [Schedule 1] to this Agreement). The PSUs entitle the Participant to receive, upon and subject to the vesting of the PSUs (as described in [Section 2] below), one share of common stock, par value per share, of the Company (the “Common Stock”) for each PSU that vests. The shares of Common Stock that are issuable upon vesting of the PSUs are referred to herein as the “Shares”.
Grant of PSUs. In consideration of services rendered to the Company by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth herein and in the Company’Company's Fourth Amended and Restated 2006 Stock Incentive Plan (the “Plan”"Plan"), an award of performance-based stock units (individually, a “PSU”"PSU" and collectively, the “PSUs”"PSUs"), representingin an amount equal to the maximum number of PSUs set forthshares issuable under the Participant’s account in the Company’s third-party electronic stock administrative platform (the “Grant Summary”)this Agreement (as described on [Schedule 1] to this Agreement). The PSUs entitle the Participant to receive, upon and subject to the vesting of the PSUs (as described in [Section 2] below), one share of common stock, par value per share, of the Company (the “Common Stock”"Common Stock") for each PSU that vests. The shares of Common Stock that are issuable upon vesting of the PSUs are referred to herein as the “Shares”"Shares".
Grant of PSUs. In consideration of services rendered to thePerformance Stock Unit Award. The Company by the Participant, the Company has grantedhereby grants to the Participant, subject toas of the terms and conditions set forth herein and in the Company’s Stock Incentive Plan (the “Plan”), an award of performance-based stock units (individually, a “PSU” and collectively, the “PSUs”), representingGrant Date specified above, the number of Target PSUs set forth underspecified above, with the Participant’s account in the Company’s third-party electronic stock administrative platform (the “Grant Summary”). The PSUs entitle the Participant to receive, upon and subject to the vestingactual number of the PSUs (as described in [Section 2] below), one share of common stock, par value per share, of the Company (the “Common Stock”) for each PSU that vests. The shares of Common Stock that are issuableto be issued pursuant to this Award contingent upon vestingsatisfaction of the PSUs are referredvesting conditions described in [Section 3] hereof, subject to herein[Section 4], but not to exceed the Maximum Shares. Except as otherwise provided by the “Shares”.Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of the shares of Common Stock underlying the PSUs, except as otherwise specifically provided for in the Plan or this Agreement.
Subject to the terms and conditions set forth hereinof this Agreement and inof the Company’s Stock Incentive Plan (the “Plan”), an award of performance-based stock units (individually, a “PSU” and collectively,Plan, the “PSUs”), representing the number of PSUs set forth under the Participant’s account in the Company’s third-party electronic stock administrative platform (the “Grant Summary”). The PSUs entitle the Participant to receive, upon and subjectCompany hereby grants to the vestingEmployee a target award (“Target Award”) of «X_Total_PSUs» Performance Share Units (“PSUs”). Each unit represents the PSUs (as described in [Section 2] below),right to receive one share of common stock, par value per share,Stock. Subject to satisfaction of the Company (the “Common Stock”) for each PSU that vests. The sharesterms and conditions of Common Stock that are issuable upon vesting ofthis Agreement and the Plan, the PSUs shall be settled in Stock. No dividend equivalent rights are referredpayable with respect to herein as the “Shares”.PSUs.
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