Performance Share Units. Beginning with calendar year 2007 and continuing for so long as you remain employed pursuant to this Agreement, you will also receive an annual award of performance share units (“PSUs”) under the LTMIP. PSUs are notional units of measurement and represent the right to receive a number of Shares determined on the basis of the performance of the Shares in comparison to the performance of the common stock of companies comprising the Standard & Poor’s 500 Composite Index (the “S&P 500”) (as adjusted as described below), on the terms and conditions set forth in this Agreement.
Appears in 5 contracts
Samples: Employment Agreement, Employment Agreement (Viacom Inc.), Employment Agreement (Viacom Inc.)
Performance Share Units. Beginning with calendar year 2007 and continuing for so long as you remain employed pursuant to this Agreement, you will also receive an annual award of performance share units (“"PSUs”") under the LTMIP. PSUs are notional units of measurement and represent the right to receive a number of Shares determined on the basis of the performance of the Shares in comparison to the performance of the common stock of companies comprising the Standard & Poor’s 's 500 Composite Index (the “"S&P 500”") (as adjusted as described below), on the terms and conditions set forth in this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Viacom Inc.), Employment Agreement (Viacom Inc.)
