Common use of Earning Performance Share Units Clause in Contracts

Earning Performance Share Units. Subject to the terms of the Plan and this Award Agreement, the Participant shall be entitled to receive payment of the number and value of Performance Share Units earned by the Participant over the Performance Period, where the number of Performance Share Units is determined as a function of the extent to which the corresponding performance goals have been achieved.

Appears in 4 contracts

Samples: Share Unit Award Agreement (Teton Energy Corp), Share Unit Award Agreement (Teton Energy Corp), Share Unit Award Agreement (Teton Energy Corp)

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