Common use of Determination of Earned Performance Units Clause in Contracts

Determination of Earned Performance Units. As soon as practicable following the conclusion of the Performance Period, the Committee will approve by resolution whether and to what extent the Performance Measures have been achieved for the Performance Period and certify by resolution the amount of the Performance Units to be paid to Grantee hereunder. In determining the amount of Performance Units to be paid to Grantee, the Committee may use discretion to increase or decrease the amount of the award otherwise payable to Grantee based upon such performance.

Determination of Earned Performance Units. As soon as practicable following the conclusion of the Performance Period, the Committee will approve by resolution whether and to what extent the Performance Measures have been achieved for the Performance Period and certify by resolution the amount of the Performance Units to be paid to Grantee hereunder. In determining the amount of Performance Units to be paid to Grantee, the Committee may use discretion to increase or decrease decrease, but not increase, the amount of the award otherwise payable to Grantee based upon such performance.

Determination of Earned Performance Units. As soon as practicable following the conclusion of the Performance Period, the Human Resources Committee will certify and the Board of Directors will approve by resolution whether and to what extent the Performance Measures have been achieved for the Performance Period and certify by resolution the amount of the Performance Units to be paid to Grantee hereunder. In determining the amount of Performance Units to be paid to Grantee, the Human Resources Committee may use discretion to increase or decrease decrease, but not increase, the amount of the award otherwise payable to Grantee based upon such performance.

Determination of Earned Performance Units. As soon as practicable following the conclusion of the Performance Period, the Human Resources Committee will certify and the Board of Directors will approve by resolution whether and to what extent the Performance Measures have been achieved for the Performance Period and certify by resolution the amount of the Performance Units to be paid to Grantee hereunder. In determining the amount of Performance Units to be paid to Grantee, the Human Resources Committee may use negative discretion to increase or decrease decrease, but not increase, the amount of the award otherwise payable to Grantee based upon such performance.