Common use of Effect of Plan Clause in Contracts

Effect of Plan. The Performance Units shall constitute a Performance Award, as defined in the Company’s Amended and Restated 2014 Flexible Incentive Plan (the “Plan”). This Agreement is expressly subject to the terms and provisions of the Plan and in the event there is a conflict between the terms of the Plan and this Agreement, the terms of the Plan shall control. All undefined capitalized terms used herein shall have the meanings assigned in the Plan. The Award is subject to all laws, approvals, requirements and regulations of any governmental authority which may be applicable thereto.

Appears in 7 contracts

Samples: Performance Unit Agreement (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp)

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Effect of Plan. The Performance Units shall constitute a Performance Award, as defined in the Company’s Amended and Restated 2014 2004 Flexible Long-Term Incentive Plan (the “Plan”). This Agreement is expressly subject to the terms and provisions of the Plan and in the event there is a conflict between the terms of the Plan and this Agreement, the terms of the Plan shall control. All undefined capitalized terms used herein shall have the meanings assigned in the Plan. The Award is subject to all laws, approvals, requirements and regulations of any governmental authority which may be applicable thereto.

Appears in 2 contracts

Samples: Performance Unit Agreement (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp)

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