Common use of Grant of Performance Shares Clause in Contracts

Grant of Performance Shares. On the Grant Date, the Participant shall acquire, subject to the provisions of this Agreement, a right to receive a number of Performance Shares which shall not exceed the Maximum Number of Performance Shares set forth in the Grant Notice, subject to adjustment as provided in Section 9. The number of Performance Shares, if any, ultimately earned by the Participant, shall be that number of Performance Shares which become Vested Performance Shares.

Appears in 11 contracts

Samples: Performance Share Agreement (Lululemon Athletica Inc.), Performance Share Agreement (Lululemon Athletica Inc.), Performance Share Agreement (Lululemon Athletica Inc.)

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Grant of Performance Shares. On the Grant Date, the Participant shall acquire, subject to the provisions of this Agreement, a right to receive a number of Performance Shares which shall not exceed the Maximum Number of Performance Shares set forth in the Grant Notice, subject to adjustment as provided in Section 912. The number of Performance Shares, if any, ultimately earned by the Participant, shall be that number of Performance Shares which become Vested Performance Shares.

Appears in 4 contracts

Samples: Performance Share Agreement (Ross Stores Inc), Performance Share Agreement (Ross Stores Inc), Performance Share Agreement (Ross Stores Inc)

Grant of Performance Shares. On the Grant Date, the Participant shall acquire, subject to the provisions of this Agreement, a right to receive a number of Performance Shares which shall not exceed the Maximum Number of Performance Shares set forth in the Grant Notice, subject to adjustment as provided in Section 9. The number of Performance Shares, if any, ultimately earned by the Participant, Participant shall be that number of Performance Shares which become Vested Earned Performance Shares, if any.

Appears in 1 contract

Samples: Performance Share Agreement (Ross Stores Inc)

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Grant of Performance Shares. On the Grant DateDate of Grant, the Participant shall acquire, subject to the provisions of this Agreement, a right to receive a number of Performance Shares which shall not exceed the Maximum Number of Performance Shares set forth in the Grant Notice, subject to adjustment as provided in Section 910. The number of Performance Shares, if any, ultimately earned by the Participant, shall be that number of Earned Performance Shares Shares, if any, which become Vested Performance Shares. Each Performance Share represents a right to receive on a date determined in accordance with the Grant Notice and this Agreement one (1) share of Stock.

Appears in 1 contract

Samples: Performance Share Agreement (Trident Microsystems Inc)

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