Grant of Performance Awards. Performance Awards granted hereunder may be issued in the form of either Performance Units or Performance Shares to Participants and may be subject to the Performance Criteria, Performance Period and other considerations or restrictions as it shall determine. The Committee shall have complete discretion in determining the number and value of Performance Units or Performance Shares granted to each Participant.
Appears in 3 contracts
Samples: At Risk Compensation Plan (Vectren Utility Holdings Inc), At Risk Compensation Plan (Vectren Corp), At Risk Compensation Plan (Vectren Utility Holdings Inc)
Grant of Performance Awards. The Committee is hereby authorized to grant Performance Awards granted hereunder may be issued in to Participants. Performance Awards include arrangements under which the form grant, issuance, retention, vesting and/or transferability of either Performance Units or Performance Shares to Participants and may be any Award is subject to such Performance Criteria and such additional conditions or terms as the Performance Criteria, Performance Period and other considerations or restrictions as it shall determine. The Committee shall have complete discretion in determining the number and value of Performance Units or Performance Shares granted to each Participantmay designate.
Appears in 1 contract
Samples: Stockholders' Rights Agreement Amendment (Evolving Systems Inc)
