Common use of Grant of Performance Share Awards Clause in Contracts

Grant of Performance Share Awards. Each Performance Share Award granted under this Plan will be evidenced by an Award Agreement. Each Performance Share Award so granted will be subject to the conditions set forth in this Section 7.3, and to all other conditions not inconsistent with this Plan as may be reflected in the applicable Award Agreement. The Board has the discretion to determine: (i) the number of shares of Common Stock or stock-denominated units subject to a Performance Share Award granted to any Participant; (ii) the Performance Period applicable to any Award; (iii) the conditions that must be satisfied for a Participant to earn an Award; and (iv) the other terms, conditions, and restrictions of the Award.

Appears in 2 contracts

Samples: Employment Agreement (Evolution Development Group, Inc.), Employment Agreement (Evolution Development Group, Inc.)

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Grant of Performance Share Awards. Each Performance Share Award granted under this Plan will be evidenced by an Award Agreement. Each Performance Share Award so granted will be subject to the conditions set forth in this Section 7.3, and to all other conditions not inconsistent with this Plan as may be reflected in the applicable Award Agreement. The Board has the discretion to determine: (i) the number of shares of Common Stock Class C Shares or stockshare-denominated units subject to a Performance Share Award granted to any Participant; (ii) the Performance Period applicable to any Award; (iii) the conditions that must be satisfied for a Participant to earn an Award; and (iv) the other terms, conditions, and restrictions of the Award.

Appears in 1 contract

Samples: Armed Forces Brewing Company, Inc.

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Grant of Performance Share Awards. Each Performance Share Award granted under this the Plan will shall be evidenced by an Award Agreement. Each Performance Share Award so granted will shall be subject to the conditions set forth in this Section 7.3Article 9, and to all such other conditions not inconsistent with this the Plan as may be reflected in the applicable Award Agreement. The Board has Committee shall have the discretion to determine: (i) the number of shares of Common Stock Shares or stock-denominated Share‑denominated units subject to a Performance Share Award granted to any Participant; (ii) the Performance Period applicable to any Award; (iii) the conditions that must be satisfied for a Participant to earn an Award; and (iv) the other terms, conditions, conditions and restrictions of the Award.

Appears in 1 contract

Samples: Fulton Financial Corporation (Fulton Financial Corp)

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