Common use of Grant of Performance-Based Restricted Stock Units Clause in Contracts

Grant of Performance-Based Restricted Stock Units. Subject to the terms and conditions of the Plan, this Agreement, and the restrictions set forth below, the Company hereby grants to the Grantee the total number of Restricted Stock Units set forth above as a target award (the “Target Performance Units”); provided that the actual number of Restricted Stock Units that may be earned under this Agreement will be between zero (0) and _______% of the Target Performance Units, based upon the achievement of the goals and objectives during the Performance Period, as set forth on the attached Appendix (such actual number of Restricted Stock Units earned referred to herein as “Earned Performance Units”). Each Earned Performance Unit shall be converted into one share of Common Stock of the Company, in accordance with and subject to the terms and conditions of the Plan and this Agreement.

Grant of Performance-Based Restricted Stock Units. Subject to the terms and conditions of the Plan, this Agreement, and the restrictions set forth below, the Company hereby grants to the Grantee the total number (this “Performance Unit Grant”) a target award of Restricted Stock Units set forth above as a target award (the “Target Performance UnitsAward”); provided that the actual number of Restricted Stock Units that are granted and may be earned vested under this Agreement will be between zero (may range from 0) and _____% to up to __% of the Target Performance UnitsAward, based upon the achievement of the goals and objectives during the Performance Period, as set forth on the attached Appendix (such actual number of Restricted Stock Units earned vested is referred to herein as as, the “Earned Vested Performance Units”). Each Earned Vested Performance Unit shall be converted into one share of Common Stock Share of the Company, in accordance with and subject to the terms and conditions of the Plan and this Agreement.

Grant of Performance-Based Restricted Stock Units. Subject to the terms and conditions of the Plan, this Agreement, and the restrictions set forth below, the Company hereby grants to the Grantee (this “Performance Unit Grant”) a target award of the total number of above indicated Restricted Stock Units set forth above as a target award (the “Target Performance UnitsAward”); provided that the actual number of Restricted Stock Units that are granted and may be earned vested under this Agreement will be between zero (may range from 0) and _______% to up to % of the Target Performance UnitsAward, based upon the achievement of the goals and objectives during the Performance Period, as set forth on the attached Appendix (such actual number of Restricted Stock Units earned vested is referred to herein as as, the “Earned Vested Performance Units”). Each Earned Vested Performance Unit shall be converted into one share of Common Stock Share of the Company, in accordance with and subject to the terms and conditions of the Plan and this Agreement.