Common use of Award of Performance Shares Clause in Contracts

Award of Performance Shares. Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to Grantee _______________________ ___________________ (_______) Performance Shares (the “Performance Shares”) as of the Grant Date. The extent to which Xxxxxxx’s rights and interest in the Performance Shares become vested and non-forfeitable shall be determined in accordance with the provisions of Section 2 of this Agreement. The grant of the Performance Shares is made in consideration of the services to be rendered by Grantee to the Company.

Award of Performance Shares. Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to Grantee _______________________ ___________________ [SHARE NUMBER IN WORDS] (_______[SHARE NUMBER IN NUMBERS]) Performance Shares (the “Performance Shares”) as of the Grant Date. The extent to which XxxxxxxGrantee’s rights and interest in the Performance Shares become vested and non-forfeitable shall be determined in accordance with the provisions of Section 2 of this Agreement. The grant of the Performance Shares is made in consideration of the services to be rendered by Grantee to the Company.

Award of Performance Shares. Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to Grantee _______________________ ___________________ (__________) Performance Shares (the “Performance Shares”) as of the Grant Date. The extent to which XxxxxxxGrantee’s rights and interest in the Performance Shares become vested and non-forfeitable shall be determined in accordance with the provisions of Section 2 of this Agreement. The grant of the Performance Shares is made in consideration of the services to be rendered by Grantee to the Company.