Common use of Grant of Performance Unit Award Clause in Contracts

Grant of Performance Unit Award. The Company hereby grants to Participant on the date set forth above (the “Date of Grant”) the right to receive up to ____________ (_________) Performance Units having a value of $1.00 per Unit (the “Per Unit Value”) payable in cash on the terms and conditions set forth herein (the “Performance Award”).

Grant of Performance Unit Award. The Company hereby grants to Participant on the date set forth above (the “Date of Grant”) the right to receive up to ____________ (_________( ) Performance Units having a value of $1.00 $ per Unit (the “Per Unit Value”) payable in cash on the terms and conditions set forth herein (the “Performance Award”).

Grant of Performance Unit Award. The Effective as of the Grant Date, the Company hereby grants to the Participant on an Award with threshold, target and maximum opportunities for Performance Units to be earned for the date set forth above Performance Period, in each case specified in Exhibit A hereto. Each Performance Unit (if earned) shall entitle the “Date of Grant”) the right Participant to receive up one dollar ($1.00) in cash, subject to ____________ (_________) Performance Units having a value of $1.00 per Unit (the “Per Unit Value”) payable in cash on the terms and conditions set forth herein (described in the “Performance Award”)Plan and this Agreement.