Common use of Cash LTIP Clause in Contracts

Cash LTIP. You will receive a prorated Cash LTIP payment for the 2006-08 performance cycle based on actual performance, with your prorated entitlement to be one-third of the otherwise earned benefit. This payment will be made after the end of the 2006-08 performance cycle and on or before March 31, 2009 at the time the Company pays awards for the 2006-08 performance cycle to other participants.

Cash LTIP. You will receive a prorated Cash LTIP payment for the 2006-08 performance cycle based on actual performance, with your prorated entitlement to be one-third of determined by multiplying the otherwise earned benefitbenefit by a fraction, the numerator of which is the number of complete months during the performance cycle to your Termination Date and the denominator of which is 36. This payment will be made after the end of the 2006-08 performance cycle and on or before March 31, 2009 at the time the Company pays awards under the terms of the LTIP for the 2006-08 performance cycle to other participants.

Cash LTIP. You will receive a prorated Cash LTIP payment for the 20062007-08 09 performance cycle based on actual performance, with your prorated entitlement to be one-third of determined by multiplying the otherwise earned benefitbenefit by a fraction, the numerator of which is the number of complete months during the performance cycle to your Termination Date and the denominator is 36. This payment will be made after the end of the 20062007-08 09 performance cycle and on or before March 31, 2009 at the time the Company pays awards under the terms of the LTIP for the 20062007-08 09 performance cycle to other participants.