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

Grant of Performance Restricted Stock Units. Effective as of the date of grant specified in the Award Summary (the “Grant Date”), the Company grants to Participant an award of [*]% of the number of Performance Restricted Stock Units specified in the Award Summary (i.e., [*]% of the number of Performance Restricted Stock Units that would vest upon achievement of [Performance Vesting Provisions], as set forth in Schedule A below). Each Performance Restricted Stock Unit is a bookkeeping entry representing the Company’s unfunded promise to deliver one Share on the terms provided herein and in the Plan.

Grant of Performance Restricted Stock Units. Effective as of the date of grant specified in the Award Summary (the “"Grant Date”"), the Company grants to Participant an award of [*]% of the number of Performance Restricted Stock Units specified in the Award Summary (i.e., i.e. [*]% of the number of Performance Restricted Stock Units that would vest upon achievement of [Performance Vesting Provisions], as set forth in Schedule A belowSection 1.2). Each Performance Restricted Stock Unit is a bookkeeping entry representing the Company’s 's unfunded promise to deliver one Share on the terms provided herein and in the Plan.

Grant of Performance Restricted Stock Units. Effective as of the date of grant specified in the Award Summary (the “Grant Date”), the Company grants to Participant an award of [*]% of the number of Performance Restricted Stock Units specified in the Award Summary (i.e., [*]% of the number of Performance Restricted Stock Units that would vest upon achievement of [Performance Vesting Provisions], as set forth in Schedule A belowSection 1.2). Each Performance Restricted Stock Unit is a bookkeeping entry representing the Company’s unfunded promise to deliver one Share on the terms provided herein and in the Plan.

Grant of Performance Restricted Stock Units. Effective as of the date of grant specified in the Award Summary (the “"Grant Date”"), the Company grants to Participant an award of [*]% of the number of Performance Restricted Stock Units specified in the Award Summary (i.e., [*]% of i.e. the number of Performance Restricted Stock Units that would vest upon achievement of [Performance Vesting Provisions]the 100% earnings per share levels for each tranche, as set forth in Schedule A belowSection 1.2). Each Performance Restricted Stock Unit is a bookkeeping entry representing the Company’s 's unfunded promise to deliver one Share on the terms provided herein and in the Plan.