Common use of Maximum Payment Clause in Contracts

Maximum Payment. Any grant of Performance Shares or Performance Units may specify that the amount payable, or the number of Shares issued, with respect thereto may not exceed a maximum specified by the Committee on the Grant Date.

Appears in 3 contracts

Samples: Omnibus Incentive Plan (Ii-Vi Inc), Omnibus Incentive Plan (Ii-Vi Inc), 2012 Omnibus Incentive Plan (Ii-Vi Inc)

AutoNDA by SimpleDocs

Maximum Payment. Any grant of Performance Shares or may specify that the amount payable with respect thereto may not exceed a maximum specified by the Committee on the Grant Date. Any grant of Performance Units may specify that the amount payable, or the number of Shares issued, with respect thereto may not exceed a maximum maximums specified by the Committee on the Grant Date.

Appears in 1 contract

Samples: 2005 Omnibus Stock Incentive Plan (Home Depot Inc)

AutoNDA by SimpleDocs

Maximum Payment. Any grant of Performance Shares or may specify that the amount issuable with respect thereto may not exceed a maximum specified by the Board on the Grant Date. Any grant of Performance Units may specify that the amount payable, or the number of Shares issued, with respect thereto may not exceed a maximum maximums specified by the Committee Board on the Grant Date.

Appears in 1 contract

Samples: 2017 Omnibus Stock Incentive Plan (RBB Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!