Value of Performance Units. Each Performance Unit shall have an initial value that is established by the Committee on or before the Grant Date.
Value of Performance Units. On the Grant Date, each Performance Unit shall have a Value of $100.00. Thereafter, except as provided in Section 8(b) below, each Performance Unit shall have a Value equal to result of the following equation: $100.00 x (1.00 + annualized Modified Return on Equity)^3.
Value of Performance Units. Each Performance Unit represents and has a value equal to one dollar.
Value of Performance Units. The Committee shall set performance goals in its discretion that, depending on the extent to which they are met, will determine the number and/or value of Performance Units that will be paid out to the Participants.
Value of Performance Units. Each Performance Unit shall have an initial notional value equal to a dollar amount determined by the Committee, in its sole discretion. The Committee shall set performance goals in its discretion that, depending on the extent to which they are met over a specified time period, will determine the number of Performance Units that shall be settled and paid to the Participant.
Value of Performance Units. The Performance Units granted hereunder shall have a cash payment value of: U.S. $ per Performance Unit upon achievement of the Target Performance Objective for the Performance Period, or alternatively, U.S. $ per Performance Unit upon achievement of the Superior Performance Objective for the Performance Period. Total value at Target shall be equal to U.S. $ . Total value at Superior shall be equal to U.S. $ .
Value of Performance Units. At the time Performance Units are granted, the Committee shall establish with respect to each such Award a value for each Performance Unit, which may vary thereafter determinable from criteria specified by the Committee at the time of Award.
Value of Performance Units. The Target value of the award of Performance Units is $310,000. The actual value of the Performance Units will be determined by achievement of the Financial Goals below for 75% of the value ($232,500) and achievement of the Department Goals set forth on Appendix A for 25% of the value of the achievement ($77,500); provided, however, no Performance Units will be earned if both of the Financial Goals do not achieve at least the Threshold level.
Value of Performance Units. Subject to the forfeiture provisions contained in Sections 4 and 5, each Performance Unit granted hereunder shall entitle the Awardee, pursuant to Section 7, to receive a cash payment from the Company equal to One Dollar ($1.00).
