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

Grant of Performance Units/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 and class of Performance Units and Performance Shares granted to each Participant.

Appears in 3 contracts

Samples: 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co)

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Grant of Performance Units/Shares. Performance Units and Performance Shares may be granted to Employees and Employees, Consultants or Directors 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 and class of Performance Units and Performance Shares granted to each Participant.

Appears in 2 contracts

Samples: 2006 Equity Incentive Plan (Adera Mines LTD), Equity Incentive Plan (Electro Rent Corp)

Grant of Performance Units/Shares. Performance Units and Performance Shares may be granted to Employees Employees, Directors 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 and class of Performance Units and Performance Shares granted to each ParticipantParticipant provided that during any Fiscal Year, (a) no Participant shall receive Performance Units having an initial value greater than $1,000,000, and (b) no Participant shall receive more than 1,000,000 Performance Shares.

Appears in 1 contract

Samples: Equity Incentive Plan (Palmsource Inc)

Grant of Performance Units/Shares. Performance Units and Performance Shares may be granted to Employees Employees, Directors 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 and class of Performance Units and Performance Shares granted to each ParticipantParticipant provided that during any Fiscal Year, (a) no Participant shall receive Performance Units having an initial value greater than $1,000,000, and (b) no Participant shall receive more than 200,000 Performance Shares.

Appears in 1 contract

Samples: 2003 Equity Incentive Plan (Palmsource Inc)

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Grant of Performance Units/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 and class of Performance Units and Performance Shares granted to each ParticipantParticipant provided that during any Fiscal Year, (a) no Participant shall receive Performance Units having an initial value greater than $2,000,000, and (b) no Participant shall receive more than 300,000 Performance Shares.

Appears in 1 contract

Samples: Equity Incentive Plan (Edwards J D & Co)

Grant of Performance Units/Shares. Subject to the terms of the Program, Performance Units and and/or Performance Shares may be granted to Employees Participants in such amounts and Consultants upon such terms, and 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 and class of Performance Units and Performance Shares granted to each Participant.

Appears in 1 contract

Samples: Quarterly Report

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