Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of 550,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B (the "Stock Unit Agreement"). Each Unit shall represent one share of AEI Common Stock.
Appears in 3 contracts
Samples: Employment Agreement (Allegheny Energy Supply Co LLC), Employment Agreement (Allegheny Energy Inc), Employment Agreement (Monongahela Power Co /Oh/)
Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of 550,000 300,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B (the "Stock Unit Agreement"). Each Unit shall represent one share of AEI Common Stock.
Appears in 3 contracts
Samples: Employment Agreement (Allegheny Energy Supply Co LLC), Employment Agreement (Potomac Edison Co), Employment Agreement (Allegheny Energy Inc)
Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of 550,000 no less than 1,600,000 and no more than 2,300,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B (the "Stock Unit Agreement"). B. Each Unit shall represent one share of AEI Common Stock.
Appears in 3 contracts
Samples: Employment Agreement (Allegheny Energy Supply Co LLC), Employment Agreement (Allegheny Energy Inc), Employment Agreement (Monongahela Power Co /Oh/)
Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of 550,000 50,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B (the "Stock Unit Agreement"). Each Unit shall represent one share of AEI Common Stock.
Appears in 2 contracts
Samples: Employment Agreement (West Penn Power Co), Employment Agreement (Allegheny Energy Inc)