Common use of Payment with Respect to Performance Units Clause in Contracts

Payment with Respect to Performance Units. At the end of each Performance Period, the Committee shall determine to what extent the Performance Goals and other conditions of the Performance Units are met, the value of the Performance Units (if applicable), and the amount, if any, to be paid with respect to the Performance Units. Payments with respect to Performance Units shall be made in cash, in Common Shares or in a combination of the two, as determined by the Committee.

Appears in 2 contracts

Samples: 2003 Stock Option and Incentive Plan (Spirit Finance Corp), Equity Incentive Plan (GMH Communities Trust)

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Payment with Respect to Performance Units. At the end of each Performance Period, the Committee shall determine to what extent the Performance Goals and other conditions of the Performance Units are met, the value of the Performance Units (if applicable), and the amount, if any, to be paid with respect to the Performance Units. Payments with respect to Performance Units shall be made in cash, in Common Shares Stock or in a combination of the two, as determined by the Committee. All payments shall be made no later than March 15 of the calendar year following the year in which the Performance Period ends.

Appears in 2 contracts

Samples: Equity Incentive Plan (Atrion Corp), Atrion Corporation 2006 Equity Incentive Plan (Atrion Corp)

Payment with Respect to Performance Units. At the end of each Performance Period, the Committee shall determine to what extent the Performance Goals and other conditions of the Performance Units are met, the value of the Performance Units (if applicable), and the amount, if any, to be paid with respect to the Performance Units. Payments with respect to Performance Units shall be made in cash, in Common Shares Stock or in a combination of the two, as determined by the Committee.

Appears in 1 contract

Samples: Equity Incentive Plan (MPT Operating Partnership, L.P.)

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Payment with Respect to Performance Units. At the end of each Performance Period, the Committee shall determine to what extent the Performance Goals and other conditions of the Performance Units are met, the value of the Performance Units (if applicable), and the amount, if any, to be paid with respect to the Performance Units. Payments with respect to Performance Units shall be made in cash, in Common Shares Stock or in a combination of the two, as determined by the Committee. All payments shall be made no later than March 15 of the calendar year following the year in which the Performance Period ends."

Appears in 1 contract

Samples: Equity Incentive Plan (Atrion Corp)

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