Common use of Performance Share Unit Plan Clause in Contracts

Performance Share Unit Plan. In respect of the Executive’s entitlements under the Corporation’s PSU Plan, Performance Share Units (“PSUs”) granted to the Executive as at the effective date of such Change in Control (as defined under the PSU Plan) shall become vested and paid as applicable and in accordance with the terms of the PSU Plan and corresponding PSU Grant Agreement(s).

Appears in 4 contracts

Samples: Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp)

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Performance Share Unit Plan. In respect of the Executive’s entitlements under the Corporation’s Performance Share Unit Plan for Employees of Encana Corporation (the “PSU Plan”), Performance Share Units performance share units (“PSUs”) granted to the Executive as at the effective date of such Change in Control (as that term is defined under the PSU Plan) shall become vested and paid as applicable and in accordance with the terms of the PSU Plan and corresponding PSU Grant Agreement(s)Plan.

Appears in 1 contract

Samples: Change in Control Agreement (Encana Corp)

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Performance Share Unit Plan. In respect of the Executive’s entitlements under the Corporation’s Performance Share Unit Plan for Employees of EnCana Corporation (the “PSU Plan”), Performance Share Units performance share units (“PSUs”) granted to the Executive as at the effective date of such Change in Control (as that term is defined under the PSU Plan) shall become vested and paid as applicable and in accordance with the terms of the PSU Plan and corresponding PSU Grant Agreement(s)Plan.

Appears in 1 contract

Samples: Change in Control Agreement (Encana Corp)

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