Common use of Delivery of Performance Shares Clause in Contracts

Delivery of Performance Shares. Certificates representing the Performance Shares will be registered in your name but remain in the physical custody of the Company until the Committee determines that the Performance Goals have been attained. In the event that all or a portion of the Performance Shares are forfeited for any reason, those shares will revert back to the Company without payment to you of any consideration.

Appears in 4 contracts

Samples: Performance Share Award Agreement (Applera Corp), Performance Share Award Agreement (Applera Corp), Performance Share Award Agreement (Applera Corp)

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