Common use of Issuance of PSUs Clause in Contracts

Issuance of PSUs. In consideration of the services rendered or to be rendered to the Company, a Parent Corporation or a Subsidiary and for other good and valuable consideration which the Committee has determined to be equal to the par value of the Shares, on the Grant Date the Company awards to the Participant the number of PSUs specified for this grant in the Solium Shareworks Account accessible by the Participant. Each PSU is granted in tandem with a Dividend Equivalent, as further described in Section 3.5 below.

Appears in 5 contracts

Samples: Performance Stock Unit Agreement (O-I Glass, Inc. /DE/), Performance Stock Unit Agreement (O-I Glass, Inc. /DE/), Performance Stock Unit Agreement (O-I Glass, Inc. /DE/)

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Issuance of PSUs. In consideration of the services rendered or to be rendered to the Company, a Parent Corporation or a Subsidiary and for other good and valuable consideration which the Committee has determined to be equal to the par value of the Sharesits Stock, on the Grant Date date hereof the Company awards to the Participant the number of PSUs specified for this grant in the Solium Shareworks Account accessible by the Participant. Each PSU is granted in tandem with a Dividend Equivalent, as further described in Section 3.5 below.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Owens-Illinois Group Inc), Performance Stock Unit Agreement (Owens Illinois Inc /De/), Performance Stock Unit Agreement (Owens Illinois Inc /De/)

Issuance of PSUs. In consideration of the services rendered or to be rendered to the Company, a Parent Corporation or a Subsidiary and for other good and valuable consideration which the Committee has determined to be equal to the par value of the Shares, on the Grant Date date hereof the Company awards to the Participant the number of PSUs specified for this grant in the Solium Shareworks Account accessible by the Participant. Each PSU is granted in tandem with a Dividend Equivalent, as further described in Section 3.5 below.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (O-I Glass, Inc. /DE/), Performance Stock Unit Agreement (Owens Illinois Inc /De/), Performance Stock Unit Agreement (Owens Illinois Inc /De/)

Issuance of PSUs. In consideration of the services rendered or to be rendered to the Company, a Parent Corporation or a Subsidiary and for other good and valuable consideration which the Committee has determined to be equal to the par value of the Sharesits Common Stock, on the Grant Date date hereof the Company awards to the Participant Employee the number of PSUs specified for this grant in the Solium Shareworks Account accessible “20 Equity Grant Letter” provided to the Employee by the Participant. Each PSU is granted in tandem with a Dividend Equivalent, as further described in Section 3.5 belowCompany under separate cover.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Owens Illinois Inc /De/)

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Issuance of PSUs. In consideration of the services rendered or to be rendered to the Company, a Parent Corporation or a Subsidiary and for other good and valuable consideration which the Committee has determined to be equal to the par value of the Shares, on as of the Grant Date Date, the Company awards has awarded to the Participant the number of PSUs specified for this grant in the Solium Shareworks Account accessible by the Participant. Each PSU is granted in tandem with a Dividend Equivalent, as further described in Section 3.5 below.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (O-I Glass, Inc. /DE/)

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