Award Value. At the beginning of a Performance Period, the ----------- Committee shall determine for each Eligible Employee or group of Eligible Employees with respect to that Performance Period the range of number of Shares, if any, in the case of Performance Shares, and the range of dollar values, if any, in the case of Performance Units, which may be fixed or may vary in accordance with such performance or other criteria specified by the Committee, which shall be paid to an Eligible Employee as an Award if the relevant measure of Company performance for the Performance Period is met.
Appears in 2 contracts
Sources: Annual Report, 1993 Long Term Incentive and Share Award Plan (Xl Capital LTD)
Award Value. At the beginning of a Performance Period, the ----------- Committee shall determine for each Eligible Employee or group of Eligible Employees with respect to that Performance Period the range of number of Shares, if any, in the case of Performance Shares, and the range of dollar values, if any, in the case of Performance Units, which may be fixed or may vary in accordance with such performance or other criteria specified by the Committee, which shall be paid to an Eligible Employee as an Award if the relevant measure of Company performance for the Performance Period is met.
Appears in 1 contract
Sources: 1997 Long Term Incentive and Share Award Plan for Employees (Anadigics Inc)