Common use of Form and Timing of Payment of Performance Units Clause in Contracts

Form and Timing of Payment of Performance Units. Payment of earned Performance Units shall be made as soon as practicable after the expiration of the applicable Performance Period. The Committee, in its sole discretion, may pay earned Performance Units in the form of cash, in Shares (which have an aggregate Fair Market Value equal to the value of the earned Performance Units at the close of the applicable Performance Period) or in a combination thereof.

Form and Timing of Payment of Performance Units. Shares. Payment of earned Performance Units Units/Shares shall be made as soon as practicable after the expiration of the applicable Performance Period. The Committee, in its sole discretion, may pay earned Performance Units Units/Shares in the form of cash, in Shares (which have an aggregate Fair Market Value equal to the value of the earned Performance Units Units/Shares at the close of the applicable Performance Period) or in a combination thereof.

Form and Timing of Payment of Performance Units. Payment of earned Performance Units shall be made as soon as practicable after the expiration of the applicable Performance Period. The CommitteeAdministrator, in its sole discretion, may pay earned Performance Units in the form of cash, in Shares (which have an aggregate Fair Market Value equal to the value of the earned Performance Units at the close of the applicable Performance Period) or in a combination thereof.

Form and Timing of Payment of Performance Units. Payment of earned Performance Units shall be made as soon as practicable after the expiration of the applicable Performance Period. The Committee, in its sole discretion, may pay earned Performance Units in the form of cash, in Shares within seventy-five (which have an aggregate Fair Market Value equal to the value of the earned Performance Units at 75) calendar days following the close of the applicable Performance Period) or . Subject to the Plan, the Committee has authorized that the future payment of any earned Performance Units under this Award Agreement shall be made 100% in cash, less applicable tax withholdings. For purposes of this cash payment, the value of an earned Performance Unit will be equal to the Fair Market Value, as defined in the Plan, of a combination thereofShare of common stock of the Company as of the close of the Performance Period.

Form and Timing of Payment of Performance Units. Payment of earned Performance Units shall be made as soon as practicable after determined by the expiration Committee. Subject to the terms of the applicable Performance Period. The Plan, the Committee, in its sole discretion, may pay earned Performance Units in the form of cash, cash or in Shares shares of Common Stock (which have an aggregate Fair Market Value or in a combination thereof) equal to the value of the earned Performance Units at the close of the applicable Performance Period) or in a combination thereof.