Common use of Performance Award Clause in Contracts

Performance Award. Executive has a target of _______ Performance Shares (hereinafter referred to as the "Target Award") for the Performance Period. The range of Performance Shares which may be earned by the Executive for the Performance Period is -0- to [Insert number equal to 200% of Target Award].

Appears in 5 contracts

Samples: Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (PDC Energy, Inc.)

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Performance Award. Executive has a target of _______ Performance Shares (hereinafter referred to as the "Target Award") for the Performance Period. The range of Performance Shares which may be earned by the Executive for the Performance Period is -0- to [Insert number equal to 200% of Target Award]___________.

Appears in 2 contracts

Samples: Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (PDC Energy, Inc.)

Performance Award. Executive has may earn a target of _______ Performance Shares (hereinafter referred to as the "Target Award") for the Performance Period. The range of Performance Shares which may be earned by the Executive for the Performance Period is -0- to [Insert number equal to 200% of Target Award]__________.

Appears in 1 contract

Samples: Performance Share Agreement (Petroleum Development Corp)

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Performance Award. Executive has may earn a target of _______ Performance Shares (hereinafter referred to as the "β€œTarget Award"”) for the Performance Period. The range of Performance Shares which may be earned by the Executive for the Performance Period is -0- to [Insert number equal to 200% of Target Award]%.

Appears in 1 contract

Samples: Performance Share Agreement (Petroleum Development Corp)

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