Common use of Grant of Performance Units and Shares Clause in Contracts

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 Performance Shares or Performance Units may be granted to any Participant.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Varex Imaging Corp), Restricted Stock Unit Agreement (Varex Imaging Corp), Varex Imaging Corp

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Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 400,000 Performance Shares or Performance Units may be granted to any Participant.

Appears in 4 contracts

Samples: Omnibus Stock Plan (Varian Medical Systems Inc), Award Agreement (Varian Medical Systems Inc), Varian Medical Systems Inc

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, Year no more than 500,000 100,000 Performance Units or Performance Shares or Performance Units may be granted to any Participant.

Appears in 3 contracts

Samples: Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc), Varian Semiconductor Equipment Associates Inc, Varian Semiconductor Equipment Associates Inc

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion, provided that the aggregate number of Shares to be granted pursuant to Sections 6, 7 and 8 of the Plan shall not exceed 400,000 Shares. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, Year no more than 500,000 100,000 Performance Units or Performance Shares or Performance Units may be granted to any Participant.

Appears in 2 contracts

Samples: Award Agreement (Varian Semiconductor Equipment Associates Inc), Applied Materials Inc /De

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 100,000 Performance Shares or Performance Units may be granted to any Participant.

Appears in 1 contract

Samples: Varex Imaging Corp

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Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion, provided that the aggregate number of Shares to be granted pursuant to Sections 6, 7 and 8 of the Plan shall not exceed 100,000 Shares. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, Year no more than 500,000 100,000 Performance Units or Performance Shares or Performance Units may be granted to any Participant.

Appears in 1 contract

Samples: Varian Semiconductor Equipment Associates Inc

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 [ ] Performance Shares or Performance Units may be granted to any Participant.

Appears in 1 contract

Samples: Varex Imaging Corp

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