Award Pool Shares. The aggregate amount of Shares (the “Award Pool Shares”) available for award to all Participants in the Award Pool shall be the number equal to (i) 3.0% of the Corporation’s EBITDA for the period beginning April 1, 2015 and ending March 31, 2016 (the “EBITDA Performance Period”); divided by (ii) the closing price of a Share on the New York Stock Exchange on June 25, 2015.
Appears in 2 contracts
Samples: Performance Unit Agreement (Packaging Corp of America), Restricted Stock Award Agreement (Packaging Corp of America)
Award Pool Shares. The aggregate amount of Shares (the “Award Pool Shares”) available for award to all Participants in the Award Pool shall be the number equal to (i) 3.0% of the Corporation’s EBITDA for the period beginning April 1, 2015 2016 and ending March 31, 2016 2017 (the “EBITDA Performance Period”); divided by (ii) the closing price of a Share on the New York Stock Exchange on June 25, 2015the date hereof.
Appears in 2 contracts
Samples: Officer Restricted Stock Award Agreement (Packaging Corp of America), Performance Unit Agreement (Packaging Corp of America)
Award Pool Shares. The aggregate amount of Shares (the “Award Pool Shares”) available for award to all Participants in the Award Pool shall be the number equal to (i) 3.0% of the Corporation’s EBITDA for the period beginning April 1, 2015 2014 and ending March 31, 2016 2015 (the “EBITDA Performance Period”); divided by (ii) the closing price of a Share on the New York Stock Exchange on June 25, 2015the date hereof.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Packaging Corp of America), Performance Unit Agreement (Packaging Corp of America)
Award Pool Shares. The aggregate amount of Shares (the “Award Pool Shares”) available for award to all Participants in the Award Pool shall be the number equal to to: (i) 3.02.0% of the CorporationCompany’s EBITDA for the period beginning April October 1, 2015 2013 and ending March 31September 30, 2016 2014 (the “EBITDA Performance Period”); divided by (ii) the closing price of a Share on the New York Stock Exchange on June 25, 2015the date of the Award.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Packaging Corp of America)