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.

Appears in 7 contracts

Samples: Award Agreement (Polycom Inc), Award Agreement (Polycom Inc), 2004 Equity Incentive Plan (Pixar \Ca\)

AutoNDA by SimpleDocs

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.

Appears in 3 contracts

Samples: Award Agreement (Epicor Software Corp), Award Agreement (Epicor Software Corp), Epicor Software Corp

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.

Appears in 3 contracts

Samples: Award Agreement (Central Garden & Pet Co), Central Garden & Pet Co, Central Garden & Pet Co

AutoNDA by SimpleDocs

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.

Appears in 1 contract

Samples: Unit Agreement (Coeur Mining, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.