Common use of Phantom Shares Clause in Contracts

Phantom Shares. Amounts payable under this Agreement ("Supplemental Payments") shall be computed as if the Director had certain rights with respect to 420.17 shares of the Company's Common Stock, par value $0.01 per share ("Common Stock"). For convenience, these shares are referred to herein as "Phantom Shares." It is understood that the Phantom Shares are merely bookkeeping entries used to compute Supplemental Payments to be paid to the Director hereunder and do not constitute actual shares of Common Stock for any purpose.

Phantom Shares. Amounts payable under this Agreement ("Supplemental Payments") shall be computed as if the Director had certain rights with respect to 420.17 615.385 shares of the Company's Common Stock, par value $0.01 per share ("Common Stock"). For convenience, these shares are referred to herein as "Phantom Shares." It is understood that the Phantom Shares are merely bookkeeping entries used to compute Supplemental Payments to be paid to the Director hereunder and do not constitute actual shares of Common Stock for any purpose.

Phantom Shares. Amounts payable under this Agreement ("Supplemental Payments") shall be computed as if the Director had certain rights with respect to 420.17 484.262 shares of the Company's Common Stock, par value $0.01 per share ("Common Stock"). For convenience, these shares are referred to herein as "Phantom Shares." It is understood that the Phantom Shares are merely bookkeeping entries used to compute Supplemental Payments to be paid to the Director hereunder and do not constitute actual shares of Common Stock for any purpose.