Common use of Types of Performance Awards Authorized Clause in Contracts

Types of Performance Awards Authorized. Performance Awards may be in the form of either Performance Shares or Performance Units. Each Award Agreement evidencing a Performance Award shall specify the number of Performance Shares or Performance Units subject thereto, the Performance Award Formula, the Performance Goal(s) and Performance Period applicable to the Award, and the other terms, conditions and restrictions of the Award.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Medarex Inc), Consulting Agreement (Rocketinfo Inc.), Consulting Agreement (Rocketinfo Inc.)

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Types of Performance Awards Authorized. Performance Awards may be granted in the form of either Performance Shares or Performance Units. Each Award Agreement evidencing a Performance Award shall specify the number of Performance Shares or Performance Units subject thereto, the Performance Award Formula, the Performance Goal(s) and Performance Period applicable to the Award, and the other terms, conditions and restrictions of the Award.

Appears in 1 contract

Samples: Letter Agreement (FTAC Athena Acquisition Corp.)

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