Performance Unit Award. Subject to, and pursuant to, all terms and conditions stated in this Agreement and in the Plan, as of the Grant Date, the Company hereby grants to the Grantee performance units (“Performance Units”) consisting of the right to receive Shares. Each Performance Unit shall represent a right to receive one Share of the Company’s Common Stock, to the extent such Performance Unit is vested pursuant to the terms of this Agreement. The target number of Performance Units covered by this Agreement (the “Target Award”) is set forth on Exhibit A. To the extent that Grantee vests in greater than one hundred percent (100%) of the Performance Units, additional Shares shall be issued to Grantee in accordance with Section 3.
Appears in 4 contracts
Samples: Performance Unit Award Agreement (Dick's Sporting Goods, Inc.), Performance Unit Award Agreement (Dick's Sporting Goods, Inc.), Performance Unit Award Agreement (Dick's Sporting Goods, Inc.)
