Shareholder Value Plan Sample Clauses
Shareholder Value Plan. With respect to Executive's participation in the Company's Shareholder Value Plan, the Award Periods in connection with all of Executive's outstanding SVU Grants shall be accelerated such that each Award Period is deemed to have ended upon the Termination Date. At such time, the Company shall pay Executive an amount equal to the SVU Value multiplied by the number of Executive's outstanding SVU Grants. The SVU Value shall be reduced by 66% for all SVU Grants which were granted less than twelve months prior to the Termination Date and the SVU Value shall be reduced by 33% for all SVU Grants which were granted less than twenty-four months but more than twelve months prior to the Termination Date. No adjustments shall be made to the SVU Value for SVU Grants which were granted more than twenty-four months prior to the Termination Date. All payments made to Executive after the Termination Date in connection with outstanding SVU Grants shall be made solely in cash.
Shareholder Value Plan. The term “Shareholder Value Plan” for purposes of this Agreement shall mean the Post Properties, Inc. 2002 Shareholder Value Plan, as amended, and any successor to such plan.
Shareholder Value Plan. Upon the occurrence of a Change in Control (as defined in Section 6 below), (i) the Company’s Shareholder Value Plan (“SVP), which is a subplan of the PSS World Medical, Inc. 1999 Long-Term Incentive Plan, may not, without Executive’s consent, thereafter be amended in any respect that is adverse to Executive except as necessary to comply with applicable laws, (ii) Executive’s “Award Factor” under the SVP shall immediately be converted to 90%, and (iii) Executive shall be entitled to the prorata Change in Control benefits described in Section 5.8 of the SVP as the SVP exits on the Effective Date (or as may thereafter be amended but only if such subsequent amendment to the SVP provides a greater benefit to Executive).
Shareholder Value Plan. Pome▇▇▇▇▇ ▇▇▇ll receive all amounts payable under Gaylord's Shareholder Value Plan. If a Change in Control occurs during the measurement 2 period for the "end of year share value" for calendar year 2000 (as defined by the Shareholder Value Plan), any payments due under the Shareholder Value Plan for calendar year 2000 shall be deemed compensation for calendar year 2000, whether actually paid in calendar year 2000 or subsequently, for purposes of calculating Pome▇▇▇▇▇'▇ ▇▇▇p sum supplemental retirement payments under Section 2.04 of the Agreement.
Shareholder Value Plan. During the term of this Agreement (subject to earlier termination pursuant to Article 3 hereof and the Shareholder Value Plan), Pome▇▇▇▇▇ ▇▇▇ll be entitled to participate in the Shareholder Value Plan, as currently in effect through December 31, 1997 and as amended and restated effective January 1, 1998, as outlined in Exhibit A to this Agreement.