Common use of Grant of Performance Stock Units Clause in Contracts

Grant of Performance Stock Units. Subject to the terms of this Agreement, and the Incentive Plan, effective as of the Grant Date the Participant is hereby granted [Number] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents (“Dividend Equivalents”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents thereon as described in Section 4) shall be settled in accordance with Section 5.

Grant of Performance Stock Units. Subject to the terms of this Agreement, and the Incentive Plan, effective as of the Grant Date the Participant is hereby granted [Number[SHARESGRANTED]] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents (“Dividend Equivalents”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents thereon as described in Section 4) shall be settled in accordance with Section 5.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4) shall be settled in accordance with Section 5.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [NumberNUMBER] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4) shall be settled in accordance with Section 5.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number[ ] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)paragraph 4) as described in Section 4paragraph 5. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 paragraph 4 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4paragraph 5) shall be settled in accordance with Section 5paragraph 6.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number] ___________ Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)paragraph 4) as described in Section 4paragraph 5. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 paragraph 4 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4paragraph 5) shall be settled in accordance with Section 5paragraph 6.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number] 4,198 Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)paragraph 4) as described in Section 4paragraph 5. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 paragraph 4 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4paragraph 5) shall be settled in accordance with Section 5paragraph 6.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number] 2,519 Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)paragraph 4) as described in Section 4paragraph 5. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 paragraph 4 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4paragraph 5) shall be settled in accordance with Section 5paragraph 6.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number] 12,593 Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)paragraph 4) as described in Section 4paragraph 5. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 paragraph 4 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section 4paragraph 5) shall be settled in accordance with Section 5paragraph 6.

Grant of Performance Stock Units. Subject to the terms of this Agreement, the Incentive Plan and the Incentive PlanLTIP, effective as of the Grant Date the Participant is hereby granted [Number[GRANTCOMMENT]] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents equivalent units (“Dividend EquivalentsEquivalent Units”) with respect to Earned Performance Units (as defined in Section 3(a)paragraph 3) as described in Section paragraph 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section paragraph 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents Equivalent Units thereon as described in Section paragraph 4) shall be settled in accordance with Section paragraph 5.