Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). You are also entitled to receive dividend equivalent rights in the form of additional PSUs in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan.
Appears in 3 contracts
Samples: Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (American International Group Inc), Award Agreement (American International Group Inc)
Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). [FOR PSU AWARDS IN 2021 AND THEREAFTER: You are also entitled to receive dividend equivalent rights Dividend Equivalents in the form of additional PSUs cash in accordance with the Plan. Each [ONLY WITH RESPECT TO PSU constitutes an unfunded and unsecured promise of AIG AWARDS IN 2019 AND 2020: You are also entitled to deliver (receive Dividend Equivalents or cause to be delivered) one Share (orDividend Equivalent Units on each PSU as follows, at the election of AIG, cash equal to the Fair Market Value thereof) in each case in accordance with the Plan.:
Appears in 2 contracts
Samples: Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (American International Group, Inc.)
Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”)) . You are also entitled to receive dividend equivalent rights in the form of additional PSUs cash in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan.
Appears in 2 contracts
Samples: Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (American International Group, Inc.)
Award of PSUs. (i) 2.1 AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). You are also entitled to receive dividend equivalent rights in the form of additional PSUs in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan.
Appears in 2 contracts
Samples: Performance Share Units Award Agreement (American International Group Inc), Award Agreement (American International Group Inc)
Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”)) . You are also entitled to receive dividend equivalent rights in the form of additional PSUs in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan.
Appears in 2 contracts
Samples: Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (American International Group Inc)
Award of PSUs. (i) AIG hereby awards you the number of performance share units (“PSUs”) specified in Schedule A (the “Target PSUs”). You are also entitled to receive dividend equivalent rights in the form of additional PSUs cash in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan.
Appears in 1 contract
Samples: Lti Award Agreement (American International Group, Inc.)
