Common use of Bookkeeping Account Clause in Contracts

Bookkeeping Account. The Company shall record the number of PSUs subject to this Award Agreement to a bookkeeping account for Participant (the “Performance Share Unit Account”), subject to adjustment based on performance as set forth in Section 2 above. Participant’s Performance Share Unit Account shall be reduced by the number of PSUs, if any, forfeited in accordance with Section 4 and by the number of PSUs with respect to which shares of Stock were transferred to Participant in accordance with Section 6.

Bookkeeping Account. The Company shall record the number of PSUs subject to this Award Agreement to a bookkeeping account for Participant Employee (the “Performance Share Unit Account”), subject to adjustment based on performance as set forth in Section 2 above. ParticipantEmployee’s Performance Share Unit Account shall be reduced by the number of PSUs, if any, forfeited in accordance with Section 4 and by the number of PSUs with respect to which shares of Stock were transferred to Participant Employee in accordance with Section 65.