Additional Stock Units Sample Clauses

Additional Stock Units. Each year during the term of this Agreement the Executive shall be granted additional Stock Units under agreements substantially similar to the Shadow Stock Appreciation Agreement in the form attached as Exhibit B. For the fiscal year ending April 30, 1999, the Stock Units shall represent .4% of the Company's outstanding common stock. For fiscal year 2000 and each subsequent year, the Stock Units shall represent the number of ▇▇▇▇▇▇▇ shares calculated by dividing 65% of his Base Salary for that year by the market value of a ▇▇▇▇▇▇▇ share at the end of the preceding fiscal year.