Award of PSUs Sample Clauses

Award of PSUs. Subject to the terms and conditions of the Plan and this Agreement, the Participant is hereby granted the target number of PSUs set forth in Section 1.1.

Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). You are also entitled to receive dividend equivalent rights in the form of additional PSUs in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. (ii) The actual number of PSUs that will be earned is subject to the Committee’s assessment of achievement based on the Performance Measures established for the Performance Period. (iii) After the end of the Performance Period, the Committee will determine the percentage of your Target PSUs that will be earned (such earned PSUs, the “Earned PSUs”). The number of Shares covered by your Earned PSUs may range from 0% to 200% of your Target PSUs. Your Earned PSUs, if any, will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] (a) [(b)] [Award of RSUs. AIG hereby awards you the number of restricted stock units (“RSUs”) specified in Schedule A. You are also entitled to receive dividend equivalent rights in the form of additional RSUs in accordance with the Plan. Each RSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. Until such delivery, you have only the rights of a general unsecured creditor, and no rights as a shareholder, of AIG. You will earn the RSUs subject to your continued Employment throughout the Performance Period. Your RSUs will vest and be paid in accordance with the schedule specified in Schedule ­ A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)(c)] [Award of Stock Options. AIG hereby awards you the number of [time-vesting] [and] [performance-vesting] stock options (“Options”) specified in Schedule A. Each Option represents a right to purchase one share of Common Stock of AIG, subject to the terms and conditions se...

Award of PSUs. The Company hereby awards to the Participant that number of PSUs set forth in the Grant Letter. Each PSU represents the right to receive, upon vesting and settlement, one of ADS (“Share”), pursuant to the provisions of the Plan, the terms of which are incorporated (the “PSUs”).

Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). [FOR PSU AWARDS IN 2021 AND THEREAFTER: You are also entitled to receive Dividend Equivalents in the form of cash in accordance with the Plan. [ONLY WITH RESPECT TO PSU AWARDS IN 2019 AND 2020: You are also entitled to receive Dividend Equivalents or Dividend Equivalent Units on each PSU as follows, in each case in accordance with the Plan: (x) With respect to dividends declared with a record date that occurs after the second quarter of 2021, for each Earned PSU you are entitled to accrue Dividend Equivalents and such Dividend Equivalents will be paid in cash in accordance with the Plan. (y) With respect to dividends declared with a record date that occurs on or after the Date of Award (as specified in Schedule A of the Award Agreement) through the second quarter of 2021, for each Earned PSU you are entitled to accrue Dividend Equivalents Units (as defined in the Plan) in the form of additional PSUs and such Dividend Equivalent Units will be settled in cash equal to the fair market value of a Share on the settlement date in accordance with the Plan.] Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan.

Award of PSUs. 2.1 AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. 2.2 The actual number of PSUs that will be earned is subject to the Committee’s assessment of achievement based on the Performance Measures established for the Performance Period. 2.3 After the end of the Performance Period, the Committee will determine the percentage of your Target PSUs that will be earned (such earned PSUs, the “Earned PSUs”). The number of Shares covered by your Earned PSUs may range from 0% to 150% of your Target PSUs. Your Earned PSUs will be subject to vesting and will be paid in accordance with the schedule set forth in the Plan.

Award of PSUs. In consideration of Participant’s past and/or continued employment with or service to any Company Group Member and for other good and valuable consideration, effective as of the grant date set forth in the Grant Notice (the “Grant Date”), the Company has granted to Participant the number of PSUs set forth in the Grant Notice, upon the terms and conditions set forth in the Grant Notice, the Plan, this Agreement and the Foreign Appendix, if applicable, subject to adjustments as provided in Article 12 of the Plan. Each PSU represents the right to receive one Share or, at the option of the Company, an amount of cash as set forth in Section 2.3(b), in either case, at the times and subject to the conditions set forth herein. However, unless and until the PSUs have vested, Participant will have no right to the payment of any Shares subject thereto. Prior to the actual delivery of any Shares, the PSUs will represent an unsecured obligation of the Company, payable only from the general assets of the Company.

Award of PSUs. Subject to the terms and conditions set forth herein, the Company hereby awards the Participant the number of performance share units (“PSUs”) set forth on the signature page hereof as the target number of PSUs subject to this Agreement (the “Target PSUs”).

Award of PSUs. 2.1 The Participant is awarded Performance Stock Units in the Company free of charge (the "PSUs"). The number of awarded PSUs is stated in the Award Details above. 2.2 The awarded PSUs vest based on market-based goals, see Clause 3. 2.3 Depending on the fulfillment of the defined goals the PSUs may vest between 0% and 150% (the “Performance Multiplier”). 2.4 Each vested PSU entitles the Participant to receive shares of nominally DKK 1 in the Company provided the vesting condition set out in Clause 3.3. is met (continued employment during the Vesting Period). The number of shares that the Participant shall receive are equal the number of PSUs that are vesting, multiplied by the Performance Multiplier. 2.5 It is a condition for the award of PSUs as set out in this Award Agreement, including the Award Details above, that the Participant has entered into an employment contract with the Company or a subsidiary of the Company (the "Employer"), and not under notice, at the date of this Award Agreement. 2.6 The award of PSUs under this Award Agreement does not entitle the Participant to future awards or participation in future reward plans. 2.7 The total aggregated number of any share-based instruments awarded under any applicable LTI plan cannot exceed 5% of the total number of shares in the Company for any given financial year. If the total award of PSUs to the all the participants in this scheme exceeds 5% of the total number of shares of the Company for any financial year then the award will be reduced on a pro-rata basis between all the participants in this scheme.

Award of PSUs. Each PSU represents the right to receive one Share, as set forth in this Agreement. Participant will have no right to the distribution of any Shares until the time (if ever) the PSUs have vested. The award of PSUs granted hereunder (the “Award”) is intended to constitute an “employment inducement award” under New York Stock Exchange (“NYSE”) Rule 303A.08, and consequently is intended to be exempt from the NYSE rules regarding stockholder approval of stock option plans or other equity compensation arrangements. This Agreement and the terms and conditions of the Award shall be interpreted in accordance and consistent with such exemption.

Award of PSUs. (i) Corebridge hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). You are also entitled to receive Dividend Equivalents in the form of cash in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of Corebridge to deliver (or cause to be delivered) one Share (or, at the election of Corebridge, cash equal to the Fair Market Value thereof) in accordance with the Plan. (ii) The actual number of PSUs that will be earned is subject to the Committee’s assessment of achievement based on the Performance Measures established for the Performance Period. (iii) After the end of the Performance Period, the Committee will determine the percentage of your Target PSUs that will be earned (such earned PSUs, the “Earned PSUs”). The number of Shares covered by your Earned PSUs may range from 0% to 200% of your Target PSUs. Your Earned PSUs, if any, will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] (a) [(b)] [Award of RSUs.