Common use of Calculation of Earned Performance Stock Units Clause in Contracts

Calculation of Earned Performance Stock Units. The period over which the PSUs earned by the Participant will be measured is the three calendar years beginning with the calendar year that immediately follows the Date of Grant (“Performance Period”). If the Participant is otherwise vested as provided in Section 2(b), the Participant will receive a number of PSUs based on actual achievement of performance measures during the Performance Period, as set forth on Exhibit 1 attached hereto.

Appears in 5 contracts

Samples: Stock Unit Agreement (Resolute Forest Products Inc.), Equity Incentive Plan Stock Settled Performance Stock Unit Agreement (Resolute Forest Products Inc.), Equity Incentive Plan Stock Settled Performance Stock Unit Agreement (Resolute Forest Products Inc.)

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Calculation of Earned Performance Stock Units. The period over which the PSUs earned by the Participant will be measured is the three calendar years beginning with the calendar year that immediately follows includes the Date of Grant (“Performance Period”). If the Participant is otherwise vested as provided in Section 2(b), the Participant will receive a number of PSUs based on actual achievement of performance measures during the Performance Period, as set forth on Exhibit 1 attached hereto.

Appears in 1 contract

Samples: Settled Performance Stock Unit Agreement (Resolute Forest Products Inc.)

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