Common use of Award of PBRSUs Clause in Contracts

Award of PBRSUs. Subject to Sections 4 and 5, if, and only if, the Threshold Level of the Performance Measure is met for the Performance Period, the Grantee shall be awarded that number of PBRSUs in accordance with the PBRSU Award Schedule that appears on Annex B.

Appears in 5 contracts

Samples: Performance Based Award Agreement (Hexcel Corp /De/), Performance Based Award Agreement (Hexcel Corp /De/), Performance Based Award Agreement (Hexcel Corp /De/)

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