Common use of Performance Compensation Award Clause in Contracts

Performance Compensation Award. The Award granted under this Agreement shall be a Performance Compensation Award intended to qualify as “performance-based compensation” under Section 162(m) of the Code.

Appears in 2 contracts

Samples: Performance Compensation Award Agreement (Spectrum Brands Holdings, Inc.), Restricted Stock Unit Agreement (Spectrum Brands Holdings, Inc.)

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Performance Compensation Award. The Award Performance Shares granted under this Agreement shall be a Performance Compensation Award intended to qualify as “performance-based compensation” under Section 162(m) of the Code, to the extent Section 162(m) of the Code is reasonably expected to apply.

Appears in 1 contract

Samples: Performance Share Award Agreement (Global Brass & Copper Holdings, Inc.)

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Performance Compensation Award. The Award Performance Shares granted under this Agreement shall be a Performance Compensation Award intended to qualify as “performance-based compensation” under Code Section 162(m), to the extent Code Section 162(m) of the Codeis reasonably expected to apply.

Appears in 1 contract

Samples: Performance Share Award Agreement (Global Brass & Copper Holdings, Inc.)

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