Common use of Award of Performance Units Clause in Contracts

Award of Performance Units. The Company hereby awards to the Participant <<number>> Performance Units (hereinafter, the “Target Award”), subject to the vesting and other conditions of this Agreement. Payment of the Performance Units will be based on performance against the metrics forth in Schedule A (the “Performance Goals”) and, except as otherwise provided herein, continued employment.

Appears in 1 contract

Samples: Performance Unit Award (Dynex Capital Inc)

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Award of Performance Units. The Company hereby awards to the Participant <<number>> ___________ Performance Units (hereinafter, the “Target Award”), subject to the vesting and other conditions of this Agreement. Payment of the Performance Units will be based on performance against the metrics forth in Schedule A (the “Performance Goals”) and, except as otherwise provided herein, continued employment.

Appears in 1 contract

Samples: 2020 Stock and Incentive Plan (Dynex Capital Inc)

Award of Performance Units. The Company hereby awards to the Participant Participant, <<number>> Performance Units (hereinafter, the “Target Award”), subject to the vesting and other conditions of this Agreement. Payment of the Performance Units will be based on performance against the metrics forth in Schedule A (the “Performance Goals”) and, except as otherwise provided herein, continued employment.

Appears in 1 contract

Samples: Stock and Incentive Plan (Dynex Capital Inc)

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Award of Performance Units. The Company hereby awards to the Participant <<number>> [_____] Performance Units (hereinafter, the “Target Award”), subject to the vesting and other conditions of this Agreement. Payment of the Performance Units will be based on performance against the metrics forth in Schedule A (the “Performance Goals”) and, except as otherwise provided herein, continued employment.

Appears in 1 contract

Samples: 2020 Stock and Incentive Plan (Dynex Capital Inc)

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