Number of Performance Stock Units Sample Clauses

Number of Performance Stock Units. (at Target): (Each Performance Stock Unit granted hereunder is equivalent to the value of one share of the Company’s common stock, $0.01 par value per share (“Stock”)). The number of Performance Stock Units that vest in a Participant may be less than or greater than Target, based on achievement. See Exhibit A attached hereto)
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Number of Performance Stock Units. The number of Performance Stock Units, if any, that ultimately vest will be determined based on the attainment of the Performance Measures in accordance with the tables below and subject to the limitations set forth in this Agreement. Date of Grant: ____________ Start of Performance Cycle: ____________ End of Performance Cycle: ____________ Performance Measures: Performance Stock Units Eligible for Vesting: The number of Performance Stock Units that are determined to be eligible for vesting will be based on the actual results achieved by Arrow through the Performance Cycle as determined by the Compensation Committee of Arrow’s Board of Directors or a designated subcommittee thereof (the “Committee”). The maximum number of Performance Stock Units that may vest is equal to 185% of the Target Number of Performance Stock Units and the number of Performance Stock Units that vest may be less than the Target Number of Performance Stock Units, down to zero, with a 15% cut-in. The number of Performance Stock Units that are determined to be eligible for vesting shall be based on a combination of the following two Performance Measures:
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Number of Performance Stock Units. Which Vest* 150% (“Maximum”) 100% (“Target”) 50% (“Threshold”) 0% By signing below or otherwise evidencing your acceptance of this Agreement in a manner approved by the Company, you agree to all of the terms and conditions contained in this Agreement and in the Plan document. You acknowledge that you have reviewed these documents and that they set forth the entire agreement between you and the Company regarding your rights and obligations in connection with this Performance Stock Unit Award. GRANTEE: EVINE LIVE INC. By:________________________________ ________________________________ Title:______________________________ EVINE Live Inc. 2011 Omnibus Incentive Plan Performance Stock Unit Award Agreement
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Number of Performance Stock Units. SHARES GRANTED The number of Performance Stock Units, if any, that ultimately vest will be determined based on the attainment of the Performance Measures in accordance with the tables below and subject to the limitations set forth in this Agreement. Date of Grant: GRANT DATE Start of Performance Cycle: START DATE End of Performance Cycle: END DATE Performance Measures:
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Number of Performance Stock Units. The number of shares of Arrow stock (“Shares”) ultimately earned, if any, for the Performance Stock Units will be determined based on the tables below and subject to the limitations set forth in this Agreement. Date of Grant: _____________ Start of Performance Cycle: _____________ End of Performance Cycle: _____________ Performance Measures: Performance Stock Units Earned: The number of Performance Stock Units earned will be based on the actual results achieved by Arrow through the Performance Cycle as determined by the Compensation Committee of Arrow's Board of Directors or a designated subcommittee thereof (the “Committee”). The target number of performance units may increase to a maximum of 175% or decrease down to zero, with a 25% cut-in. Calculations will be based on a combination of two factors:
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Number of Performance Stock Units. <<Number of Target Performance Stock Units>> (the “Target Award”) Performance-Based Vesting Conditions: See Annex A Performance Period: See Annex A
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Related to Number of Performance Stock Units

  • Award of Performance Stock Units The Company hereby grants to you, effective as of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein.

  • Grant of Performance Stock Units Subject to the terms of this Agreement, and the Incentive Plan, effective as of the Grant Date the Participant is hereby granted [Number] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents (“Dividend Equivalents”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents thereon as described in Section 4) shall be settled in accordance with Section 5.

  • Grant of Performance Share Units The Company hereby grants to the Participant the Target Number of PSUs Granted, effective as of the Date of Award and subject to the terms and conditions of the Plan and this Award Agreement. Each PSU represents the unsecured right to receive a number of Shares, if any, in accordance with the terms and conditions of this Award Agreement. The Participant shall not be required to pay any additional consideration for the issuance of the Shares, if any, upon settlement of the PSUs.

  • Award of Performance Shares Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Performance Shares (individually, the “PS”) as shown on the Award Summary. Notwithstanding anything herein to the contrary, only active Employees and those Employees on Short Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (pursuant to the Company’s Human Resources Policies) on the effective date of the award as shown on the Award Summary shall be eligible to receive the award.

  • Vesting of Performance Shares As long as you remain employed with PG&E Corporation, the Performance Shares will vest on the first business day of March (the “Vesting Date”) of the third year following the date of grant specified in the cover sheet. Except as described below, all Performance Shares subject to this Agreement that have not vested shall be forfeited upon termination of your employment.

  • Payment of Performance Shares Payment of any Performance Shares that become earned as set forth herein will be made in the form of Common Shares, in cash, or in a combination of the two, as determined in the sole discretion of the Committee. Payment will be made as soon as practicable after the receipt of audited financial statements of the Corporation relating to the last fiscal year of the Performance Period and with respect to Covered Employees, the determination by the Committee of the level of attainment of the Management Objectives. Performance Shares will be forfeited if they are not earned at the end of the Performance Period and, except as otherwise provided in this Agreement, if the Grantee ceases to be employed by the Corporation or a Subsidiary at any time prior to such shares becoming earned.

  • Grant of Performance Shares Pursuant to the provisions of the Plan and this Agreement, the Company on the Grant Date has granted and hereby evidences the grant to the Participant, subject to the terms and conditions set forth herein, in the Plan and the Addendum with Additional Country Specific Terms and Conditions attached as Exhibit A, all of which are made part of this Agreement, an award of <shares_awarded> Performance Shares (this “Award”).

  • Grant of Performance Units Capital One hereby grants to you an award of Units with a Target Award, as indicated on the Grant Notice. The maximum payout for this award is 150% of the Target Award plus accrued dividends pursuant to Section 6. The Units shall vest and the underlying shares of common stock of Capital One, $.01 par value per share (such underlying shares, the “Shares”), shall be issuable only in accordance with the provisions of this Agreement and the Plan.

  • Unvested Common Shares Issued in Settlement of Performance Share Awards If the Executive terminates employment pursuant to Sections 6(b), 6(d) or 6(e)(i) after the Performance Share Vesting Date, the vesting of all Unvested Common Shares (as defined in the Performance Share Agreement) issued in settlement of the Performance Share Award shall be accelerated in full effective as of the date of such termination.

  • Performance Stock Units The Company may grant to Executive performance stock units (“PSUs”) pursuant to the Incentive Plan. All PSUs are subject to and conditioned on approval of the grant and its terms by the Board. All granted PSUs shall vest as provided in the applicable PSU grant notice and grant agreement (“PSU Agreement”). All PSUs shall be subject to the terms and conditions of the Incentive Plan and a PSU Agreement in a form prescribed by the Company, which Executive must sign as a condition to receiving the PSUs.

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