Common use of Chesapeake Utilities Corporation Performance Incentive Plan Clause in Contracts

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 shares of the Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 3,200 shares of the Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 10,800 shares of the Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 5,760 shares of the Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 3,600 shares of the Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 shares of the Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement with a target award based upon such number of shares of the Company’s common stock with a value on the grant date of seventy-five percent (75%) of the Executive’s Base Compensation, as determined on an annual basis by the Compensation Committee of the Board of Directors in its discretion and in accordance with and subject to the terms of the Company’s Performance Incentive Plan during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 3,200 shares of the Company’s common stock as granted on an annual basis by at the discretion of the Board during the Term of this Agreement.

Chesapeake Utilities Corporation Performance Incentive Plan. Executive shall be eligible for an incentive compensation award equal to 4,000 3,200 shares of the Parent Company’s common stock as granted on an annual basis by the Board during the Term of this Agreement.