Impact on Retirement Plans. The value of the shares of Stock distributed upon payment for the Performance Shares and Dividend Equivalents will be disregarded for purposes of calculating the amount of Employee’s benefit under any Company retirement plans.
Appears in 6 contracts
Samples: Performance Share Award Agreement (Arizona Public Service Co), Performance Share Award Agreement (Arizona Public Service Co), Performance Share Award Agreement (Arizona Public Service Co)
Impact on Retirement Plans. The value of the shares of Stock distributed upon payment for the Performance Shares Restricted Stock Units and Dividend Equivalents will be disregarded for purposes of calculating the amount of Employee’s benefit under any Company retirement plans.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Arizona Public Service Co), Restricted Stock Unit Award Agreement (Arizona Public Service Co)
