Award of Performance Share Units. Subject to the terms and conditions of the Plan, the Committee or the Board has awarded to the Participant as of <<GRANT DATE>> (“Award Date”) a certain number of Performance Share Units (the “Performance Share Units”) which the Participant will have an opportunity to earn over the Performance Period (as defined below) if certain performance goals are met in accordance with Section 4, and certain vesting requirements are met in accordance with Section 5, subject to the terms, conditions and restrictions set forth in this Agreement. Each Performance Share Unit represents the right to receive one share of Common Stock upon satisfaction of the performance, vesting and other conditions set forth in this Agreement.
Appears in 5 contracts
Samples: Performance Share Unit Agreement (Atlantic Union Bankshares Corp), Performance Share Unit Agreement (Atlantic Union Bankshares Corp), Performance Share Unit Agreement (Atlantic Union Bankshares Corp)
