Common use of Performance RSU Award Clause in Contracts

Performance RSU Award. You have been awarded <shares awarded> performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stock, calculated as described below, provided the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares are awarded or issued to you on the Date of Xxxxx.

Appears in 2 contracts

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.), Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

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Performance RSU Award. You have been awarded <shares awardedshares_awarded> performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stockShares, calculated as described below, provided (and to the extent that) the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares Shares are awarded or issued to you on the Date of Xxxxx.

Appears in 2 contracts

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.), Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

Performance RSU Award. You have been awarded <shares awarded> ________ performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stockShares, calculated as described below, provided (and to the extent that) the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares Shares are awarded or issued to you on the Date of XxxxxGrant.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

Performance RSU Award. You have been awarded <shares awarded> ________ performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stock, calculated as described below, provided the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares are awarded or issued to you on the Date of Xxxxx.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

Performance RSU Award. You have been awarded <shares awarded> [________] performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stockShares, calculated as described below, provided (and to the extent that) the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares Shares are awarded or issued to you on the Date of Xxxxx.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

Performance RSU Award. You have been awarded <shares awardedshares_awarded> performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT B&W common stock, calculated as described below, provided the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares are awarded or issued to you on the Date of Xxxxx.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (Babcock & Wilcox Enterprises, Inc.)

Performance RSU Award. You have been awarded <shares awarded> performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stockShares, calculated as described below, provided (and to the extent that) the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares Shares are awarded or issued to you on the Date of Xxxxx.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

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Performance RSU Award. You have been awarded <shares awarded> an initial number of performance-based restricted stock units shown on the attached Notice of Grant (the “Initial Performance RSUs”), which notice is incorporated herein by reference. These Performance RSUs represent a right to receive shares of BWXT B&W common stock, calculated as described below, provided the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares are awarded or issued to you on the Date of Xxxxx.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (Babcock & Wilcox Co)

Performance RSU Award. You have been awarded <shares awarded> ________ performance-based restricted stock units (the “Initial Performance RSUs”). These Performance RSUs represent a right to receive shares of BWXT common stockShares, calculated as described below, provided (and to the extent that) the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares Shares are awarded or issued to you on the Date of Xxxxx.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

Performance RSU Award. You have been awarded <shares awarded> an initial number of performance-based restricted stock units shown on the attached Notice of Grant (the “Initial Performance RSUs”), which notice is incorporated herein by reference. These Performance RSUs represent a right to receive shares of BWXT B&W common stock, calculated as described below, provided the applicable performance measures and vesting requirements set forth in this Agreement have been satisfied. No shares are awarded or issued to you on the Date of XxxxxGrant.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (Babcock & Wilcox Co)

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