Value/Performance Goals. Each Performance Unit shall have an initial value that is established by the Administrator on the Date of Grant. Each Performance Share shall have an initial value equal to the Fair Market Value of a Share on the Date of Grant. The Administrator shall set performance goals that, depending upon the extent to which they are met, will determine the number or value of Performance Units or Performance Shares that will be paid to the Grantee.
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Samples: Merger Agreement (Angstrom Technologies Corp.), Merger Agreement (Angstrom Technologies Corp.), Stock Incentive Plan (Angstrom Technologies Corp.)
Value/Performance Goals. Each Performance Unit shall have an initial value that is established by the Administrator on Committee at the Date time of Grantgrant. Each Performance Share shall have an initial value equal to the Fair Market Value of a Share on the Date date of Grantgrant. The Administrator Committee shall set the beginning and ending dates of the Performance Period, select Performance Measures from among those set forth in Section 4.3, and set performance goals thatwhich, depending upon on the extent to which they are met, will determine the number or value of Performance Units or Performance Shares that will be paid out to the Grantee.
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