Common use of Initial Value Clause in Contracts

Initial Value. Each Performance Unit shall have an initial value that is established by the Committee on or before the Grant Date, provided that such value shall not exceed the Fair Market Value of a Share on the Grant Date. Each Performance Share shall have an initial value equal to the Fair Market Value of a Share on the Grant Date.

Appears in 11 contracts

Samples: Varex Imaging Corp, Varex Imaging Corp, Award Agreement (Varian Semiconductor Equipment Associates Inc)

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Initial Value. Each Performance Unit shall have an initial value that is established by the Committee on or before the Grant Date, provided that such value shall not exceed the Fair Market Value of a Share on the Grant Date. Each Performance Share shall have an initial value equal to the Fair Market Value of a Share on the Grant Date.

Appears in 3 contracts

Samples: Helios & Matheson Analytics Inc., Helios & Matheson Analytics Inc., Helios & Matheson Analytics Inc.

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