Common use of Performance Units and Award Cycle Clause in Contracts

Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on __________ and ending on __________ (the "Award Cycle").

Appears in 4 contracts

Samples: Performance Unit Agreement (Oge Energy Corp.), Performance Unit Agreement (Oge Energy Corp.), Performance Unit Agreement (Oge Energy Corp.)

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Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on ______________ and ending on ______________ (the "Award Cycle").

Appears in 2 contracts

Samples: Performance Unit Agreement (Oge Energy Corp.), Performance Unit Agreement (Oge Energy Corp.)

Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on ____________ and ending on ____________ (the "Award Cycle").

Appears in 2 contracts

Samples: Performance Unit Agreement (Oge Energy Corp.), Performance Unit Agreement (Oge Energy Corp.)

Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on __________ and ending on __________ (the "Award Cycle").

Appears in 1 contract

Samples: Performance Unit Agreement (Oge Energy Corp.)

Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on __________ January 1, 2015 and ending on __________ December 31, 2017 (the "Award Cycle").

Appears in 1 contract

Samples: Performance Unit Agreement (Oge Energy Corp.)

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Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock$____ per unit. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on ______________ and ending on ______________ (the "Award Cycle").

Appears in 1 contract

Samples: Performance Unit Agreement (Oge Energy Corp.)

Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on __________ January 1, 2016 and ending on __________ December 31, 2018 (the "Award Cycle").

Appears in 1 contract

Samples: Performance Unit Agreement (Oge Energy Corp.)

Performance Units and Award Cycle. Each Performance Unit represents and is equal to the value of one share of Company Common Stock$____ per unit. Subject to the provisions of the Plan, the Performance Units awarded to the Participant may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the award cycle established with respect thereto beginning on _____________ and ending on _______________ (the "Award Cycle").

Appears in 1 contract

Samples: Performance Unit Agreement (Oge Energy Corp.)

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