Common use of Amount of Payment Clause in Contracts

Amount of Payment. Subject to the provisions of this Agreement, the Program and the Plan, the Company shall distribute to the Employee, for each Performance Cash Unit awarded under this Agreement, an amount equal to one dollar times the product of, (1) the number of Performance Cash Units MULTIPLIED BY (2) the Total Shareholder Return Performance Multiplier (as defined below) for the Performance Period (as defined below).

Appears in 5 contracts

Samples: Performance Cash Unit Agreement (Nicor Inc), Performance Cash Unit Agreement (Nicor Inc), Performance Cash Unit Agreement (Nicor Inc)

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Amount of Payment. Subject to the provisions of this Agreement, the Program and the Plan, the Company shall distribute to the Employee, for each Performance Cash Unit awarded under this Agreement, an amount equal to one dollar times the product sum of, (1) the number of Performance Cash Units MULTIPLIED BY (2) the Total Shareholder Return Performance Multiplier Factor (as defined below) for the Performance Period (as defined below).

Appears in 2 contracts

Samples: Performance Cash Unit Agreement (Nicor Inc), Performance Cash Unit Agreement (Nicor Inc)

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Amount of Payment. Subject to the provisions of this Agreement, the Program and the Plan, the Company shall distribute to the Employee, for each Performance Cash Unit awarded under this Agreement, an amount equal to one dollar times the product of, (1) the number of Performance Cash Units MULTIPLIED BY (2) the Total Shareholder Return Performance Multiplier Factor (as defined below) for the Performance Period (as defined below).

Appears in 1 contract

Samples: Performance Cash Unit Agreement (Nicor Inc)

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