Common use of Grant of Awards Clause in Contracts

Grant of Awards. The Company has granted to Participant [ ] RSUs, subject to the terms of this Agreement and the terms of the Plan. The number of RSUs awarded to Participant represents a target award for the Performance Period (the “Target Award”). The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be calculated as the Target Award multiplied by the Performance Multiplier, as determined by the Compensation Committee (the “Committee”). Each RSU represents the right to receive one (1) Share of Common Stock as set forth herein.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca), Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca)

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Grant of Awards. The Company has granted to Participant [ [NUMBER] RSUs, subject to the terms of this Agreement and the terms of the Plan. The number of RSUs awarded to Participant represents a target award for the Performance Period (as defined below) (the “Target Award”). The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be calculated as is equal to the Target Award multiplied by product of (i) the Performance Multiplier, Multiplier (as determined by the Compensation Committee under Section 2 below), and (the “Committee”ii). Each RSU represents the right to receive one (1) Share of Common Stock as set forth herein.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca), Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca)

Grant of Awards. The Company has granted to Participant [ [NUMBER] RSUs, subject to the terms of this Agreement and the terms of the Plan. The number of RSUs awarded to Participant represents a target award for the Performance Period (as defined below) (the “Target Award”). The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be calculated based upon the level of achievement of the performance goals for the relevant performance periods as the Target Award multiplied by the set forth in Exhibit A – Performance MultiplierGoals and Payout Scale for Performance-Based RSUs granted in 2013, as determined by the Compensation Committee (the “Committee”). Each RSU represents the right to receive one (1) Share of Common Stock as set forth herein.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca)

Grant of Awards. The Company has granted to Participant [ [NUMBER] RSUs, subject to the terms of this Agreement and the terms of the Plan. The number of RSUs awarded to Participant represents a target award for the Performance Period (the “Target Award”). The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be calculated as based upon the Target Award multiplied by level of achievement of the performance goals for the Performance MultiplierPeriod as set forth in Exhibit A – Performance Goals and Payout Scale for Performance-Based RSUs, as determined by the Compensation Committee (the “Committee”). Each RSU represents the right to receive one (1) Share of Common Stock as set forth herein.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca)

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Grant of Awards. The Company has granted to Participant [ [NUMBER] RSUs, subject to the terms of this Agreement and the terms of the Plan. The number of RSUs awarded to Participant represents a target award for the Performance Period (as defined below) (the “Target Award”). The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be calculated based upon the level of achievement of the performance goals for the relevant performance periods as the Target Award multiplied by the set forth in Exhibit A – Performance MultiplierGoals and Payout Scale for Performance-Based RSUs granted in 2014, as determined by the Compensation Committee (the “Committee”). Each RSU represents the right to receive one (1) Share of Common Stock as set forth herein.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Agreement (Verisign Inc/Ca)

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