Common use of Award of Performance Stock Units Clause in Contracts

Award of Performance Stock Units. The Company hereby grants to you, effective as of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein.

Appears in 11 contracts

Samples: Performance Stock Unit Award Agreement (Darden Restaurants Inc), Performance Stock Unit Award Agreement (Darden Restaurants Inc), Performance Stock Unit Award Agreement (Darden Restaurants Inc)

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Award of Performance Stock Units. The Company hereby grants to youthe Participant, effective as of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records above (the “PSUs”), on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share Share, or cash or other property in lieu of Stockone Share, subject to the terms and conditions set forth herein.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (KAMAN Corp), Performance Stock Unit Award Agreement (KAMAN Corp)

Award of Performance Stock Units. The Company hereby grants to you, effective as In connection with the commencement of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in Participant’s employment with the Company’s records (, the “PSUs”)Company has granted to the Participant, on subject to the terms and conditions set forth in such communicationthis Agreement, an award with respect to the number of performance stock units (the “PSUs”) set forth in the Notice of Grant that forms part of this Agreement and (the Plan“Notice of Grant”). Each PSU represents the right to receive one share of common stock, $0.001 par value per share, of the Company (the “Common Stock”) upon vesting of the PSUs, subject to the terms and conditions set forth herein.

Appears in 2 contracts

Samples: Inducement Performance Stock Unit Agreement (Agios Pharmaceuticals, Inc.), Inducement Performance Stock Unit Agreement (Agios Pharmaceuticals, Inc.)

Award of Performance Stock Units. (a) The Company hereby grants to you, effective as of the Grant Date, an Award of 81,735 Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), ) on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein. This Award is intended to be a Performance-Based Award within the meaning of Section 13 of the Plan that is exempt from the $1,000,000 deduction limitation under Section 162(m) of the Code and shall be interpreted consistent with this intention.

Appears in 1 contract

Samples: Omnibus Incentive Plan Special Equity Award Grant Agreement (Darden Restaurants Inc)

Award of Performance Stock Units. The Company hereby grants to you, effective as of the Grant Date, an Award of Performance Stock Units for that the number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), ) identified on the cover page of this Agreement, subject to the restrictions and other terms and conditions set forth herein and in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein.

Appears in 1 contract

Samples: Stock Unit Award Agreement (EVINE Live Inc.)

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Award of Performance Stock Units. The Company hereby grants to you, effective as of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Darden Restaurants Inc)

Award of Performance Stock Units. The Company hereby grants to you, effective as of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein. 2.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement

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