Common use of Award of Cash Units Clause in Contracts

Award of Cash Units. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Participant ( ) Cash Units (known under the Plan as Phantom Stock and referred to herein as “Cash Units”). The value of each Cash Unit is equivalent to a share of Common Stock.

Appears in 3 contracts

Samples: Cash Unit Agreement (Landamerica Financial Group Inc), Cash Unit Agreement (Landamerica Financial Group Inc), Cash Unit Agreement (Landamerica Financial Group Inc)

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Award of Cash Units. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Participant ( ______________ (____) Cash Units (known under the Plan as Phantom Stock and referred to herein as “Cash Units”). The value of each Cash Unit is equivalent to a share of Common Stock.

Appears in 1 contract

Samples: Cash Unit Agreement (Landamerica Financial Group Inc)

Award of Cash Units. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Participant ( ) Officer 1,260 Cash Units (known under the Plan as Phantom Stock and referred to herein as “Cash Units”). The value of each Cash Unit is equivalent to a share of Common Stock.

Appears in 1 contract

Samples: Cash Unit Agreement (Landamerica Financial Group Inc)

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Award of Cash Units. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Participant ( ) Officer 4,200 Cash Units (known under the Plan as Phantom Stock and referred to herein as “Cash Units”). The value of each Cash Unit is equivalent to a share of Common Stock.

Appears in 1 contract

Samples: Cash Unit Agreement (Landamerica Financial Group Inc)

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