Common use of Grant of Performance Award Clause in Contracts

Grant of Performance Award. The Company has granted you a target number of Restricted Stock Units subject to the satisfaction of performance conditions (the “Performance Stock Units” and the “Performance Award”), subject to the terms of this Agreement and the terms of the Amended and Restated 2018 Stock Incentive Plan of Resideo Technologies, Inc. and its Affiliates (the “Plan”). The target number of Performance Stock Units granted to you and covered by this Agreement is [•] (the “Target Award”). The Company will hold the Performance Stock Units in a bookkeeping account on your behalf until they become payable or are forfeited or cancelled. [The details for this grant can be found on [•]. The Company reserves the right to change or correct any information contained on the [•] website to reflect the terms of the Award actually made by the Company on the Award Date or the Plan.]1.

Appears in 2 contracts

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.), Performance Stock Unit Agreement (Resideo Technologies, Inc.)

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Grant of Performance Award. The Company has granted you a target number of Restricted Stock Units subject to the satisfaction of performance conditions (the “Performance Stock Units” and the “Performance Award”), subject to the terms of this Agreement and the terms of the Amended and Restated 2018 Stock Incentive Plan of Resideo Technologies, Inc. and its Affiliates (the “Plan”). The target number of Performance Stock Units granted to you and covered by this Agreement is [•] (the “Target Award”). The Company will hold the Performance Stock Units in a bookkeeping account on your behalf until they become payable or are forfeited or cancelled. [The details for this grant can be found on [•]. The Company reserves the right to change or correct any information contained on the [•] website to reflect the terms of the Award actually made by the Company on the Award Date or the Plan.]1Plan.].

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.)

Grant of Performance Award. The Company has granted you a target number of Restricted Stock Units subject to the satisfaction of performance conditions (the “Performance Stock Units” and the “Performance Award”), subject to the terms of this Agreement and the terms of the Amended and Restated 2018 Stock Incentive Plan of Resideo Technologies, Inc. and its Affiliates (the “Plan”). The target number of Performance Stock Units granted to you and covered by this Agreement is [·] (the “Target Award”). The Company will hold the Performance Stock Units in a bookkeeping account on your behalf until they become payable or are forfeited or cancelled. [The details for this grant can be found on [·]. The Company reserves the right to change or correct any information contained on the [·] website to reflect the terms of the Award actually made by the Company on the Award Date or the Plan.]1.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.)

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Grant of Performance Award. The Company has granted you a target number of Restricted Stock Units subject to the satisfaction of performance conditions (the “Performance Stock Units” and the “Performance Award”), subject to the terms of this Agreement and the terms of the Amended and Restated 2018 Stock Incentive Plan of Resideo Technologies, Xxxxxxx Motion Inc. and its Affiliates (the “Plan”). The target number of Performance Stock Units granted to you and covered by this Agreement is [] (the “Target Award”). The Company will hold the Performance Stock Units in a bookkeeping account on your behalf until they become payable or are forfeited or cancelled. [The details for this grant can be found on []. The Company reserves the right to change or correct any information contained on the [] website to reflect the terms of the Award actually made by the Company on the Award Date or the Plan.]1.

Appears in 1 contract

Samples: 2018 Stock Incentive Plan (Garrett Motion Inc.)

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