PSUs Extinguished. Upon each issuance or transfer of Shares in accordance with this Agreement, a number of PSUs equal to the number of Shares issued or transferred to the Participant shall be extinguished and such number of PSUs will not be considered to be held by the Participant for any purpose.
Appears in 14 contracts
Samples: Performance Stock Units Agreement (Time Warner Inc.), Performance Stock Units Agreement (Time Warner Inc.), Performance Stock Units Agreement (Time Warner Inc.)
