Common use of Valuation of Performance Units Clause in Contracts

Valuation of Performance Units. At the end of the Performance Period, if the Threshold Requirement is met or otherwise waived by the Company's Board of Directors, the value of each Performance Unit shall be determined by multiplying the Initial Grant Value by the average of the total weighted Annual Incentive Award Plan ("AIAP") scores for the financial and market share components of the AIAP for each of 2002, 2003 and 2004 (the "Payment Value").

Appears in 1 contract

Samples: Performance Unit Agreement (Rj Reynolds Tobacco Holdings Inc)

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Valuation of Performance Units. At the end of the Performance Period, if the Threshold Requirement is met or otherwise waived by the Company's Board of Directors, the value of each Performance Unit shall be determined by multiplying the Initial Grant Value by the average of the total weighted Annual Incentive Award Plan ("AIAP") AIAP scores for the financial and market share components of the AIAP for each of 20022003, 2003 2004 and 2004 2005 (the "Payment Value").

Appears in 1 contract

Samples: Performance Unit Agreement (Rj Reynolds Tobacco Holdings Inc)

Valuation of Performance Units. At the end of the Performance Period, if the Threshold Requirement is met or otherwise waived by the Company's ’s Board of Directors, the value of each Performance Unit shall be determined by multiplying the Initial Grant Value by the average of the total weighted Annual Incentive Award Plan ("AIAP") AIAP scores for the financial and market share components of the AIAP for each of 20022006, 2003 2007 and 2004 2008 (the "Payment Value").

Appears in 1 contract

Samples: Performance Unit Agreement (Reynolds American Inc)

Valuation of Performance Units. At the end of the Performance Period, if the Threshold Requirement is met or otherwise waived by the Company's Board of Directors, the value of each Performance Unit shall be determined by multiplying the Initial Grant Value by the average of the total weighted Annual Incentive Award Plan ("AIAP") scores for the financial and market share components of the AIAP for each of 20022000, 2003 2001 and 2004 2002 (the "Payment Value").

Appears in 1 contract

Samples: Performance Unit Agreement (Rj Reynolds Tobacco Holdings Inc)

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Valuation of Performance Units. At the end of the Performance Period, if the Threshold Requirement is met or otherwise waived by the Company's ’s Board of Directors, the value of each Performance Unit shall be determined by multiplying the Initial Grant Value by the average of the total weighted Annual Incentive Award Plan ("AIAP") AIAP scores for the financial and market share components of the AIAP for each of 20022005, 2003 2006 and 2004 2007 (the "Payment Value").

Appears in 1 contract

Samples: Reynolds American Inc

Valuation of Performance Units. At the end of the Performance Period, if the Threshold Requirement is met or otherwise waived by the Company's Board of Directors, the value of each Performance Unit shall be determined by multiplying the Initial Grant Value by the average of the total weighted Annual Incentive Award Plan ("AIAP") scores for the financial and market share components of the AIAP for each of 20022001, 2002 and 2003 and 2004 (the "Payment Value").

Appears in 1 contract

Samples: Performance Unit Agreement (Rj Reynolds Tobacco Holdings Inc)

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