Executive Performance RSU Award. For purposes of the Executive Performance RSU Award calculations set forth below in this Agreement, the Committee, in the exercise of its business judgment under the Plan, approved a total target number of executive performance RSUs of ________ (“Target RSU Amount”). The Committee shall award the Participant a number of RSUs from zero and up to 133.33% of the Target RSU Amount on the Determination Date (which, for clarification, is after the completion of the Performance Period) based on the Operating Income for the Performance Period (as defined in Section 21).
Appears in 2 contracts
Sources: Executive Performance Rsu Award Agreement (Fuel Tech, Inc.), Executive Performance Rsu Award Agreement (Fuel Tech, Inc.)
Executive Performance RSU Award. For purposes of the Executive Performance RSU Award calculations set forth below in this Agreement, the Committee, in the exercise of its business judgment under the Plan, approved a total target number of executive performance RSUs of ________ (“Target RSU Amount”). The Committee shall award the Participant a number of RSUs from zero and up to 133.33125% of the Target RSU Amount on the Determination Date (which, for clarification, is after the completion of the Performance Period) based on the Operating Income for the Performance Period (as defined in Section 21).
Appears in 1 contract
Sources: Executive Performance Rsu Award Agreement (Fuel Tech, Inc.)