Overview of Performance Units. Each Performance Unit represents a contractual right to receive, in cash, an amount equal to the Fair Market Value of one share of Common Stock, subject to the terms and conditions of this Agreement; provided that, based on the relative achievement against the performance objective outlined in Section 2 below (the “Performance Objective”), the number of Performance Units for which a payment may be made hereunder may range from 0% to 200% of the number of Performance Units stated in the preamble to this Agreement (such stated number of Performance Units hereafter called the “Initial Performance Units”). Your right to receive payment in respect of Performance Units is generally contingent, in whole or in part, upon (i) the achievement of the Performance Objective and (ii) except as provided in Section 4 or Section 5, your continued employment with the Company through the date of the Committee’s certification as set forth in Section 2.
Overview of Performance Units
