Common use of Payout of Performance Units Clause in Contracts

Payout of Performance Units. (a) Except as set forth in Section 5(b) or 8 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 2020.

Payout of Performance Units. (a) Except as set forth in Section 5(b6(b) or 8 9 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 4 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202013.

Payout of Performance Units. (a) Except as set forth in Section 5(b6(b) or 8 9 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 4 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202019.

Payout of Performance Units. (a) Except as set forth in Section 5(b) or 8 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202021.

Payout of Performance Units. (a) Except as set forth in Section 5(b) or 8 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202023 (also referred to as the Settlement Date).

Payout of Performance Units. (a) Except as set forth in Section 5(b6(b) or 8 9 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 4 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202016.

Payout of Performance Units. (a) Except as set forth in Section 5(b) or 8 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202024 (also referred to as the Settlement Date).

Payout of Performance Units. (a) Except as set forth in Section 5(b) or 8 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202026 (also referred to as the Settlement Date).

Payout of Performance Units. (a) Except as set forth in Section 5(b6(b) or 8 9 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on at the earlier of (i) last day of the Performance Period or (ii) the Maximum Value Date, in either case as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereofAgreement, shall be paid to the Participant in cash cash. Such payment of the value of earned Performance Units shall be made within ninety (90) calendar days following the last day earlier of the Performance Period but in no event later than March 31, 2020such date.

Payout of Performance Units. (a) Except as set forth in Section 5(b) or 8 below, the aggregate positive value, if any, of the earned Performance Units, based on the value of the earned Performance Units on the last day of the Performance Period as determined in accordance with this Agreement and subject to the maximum value set forth in Section 3 hereof, shall be paid to the Participant in cash following the last day of the Performance Period but in no event later than March 31, 20202025 (also referred to as the Settlement Date).