Common use of Grant of Performance Shares Clause in Contracts

Grant of Performance Shares. Valero hereby grants to Participant Performance Shares pursuant to Section 6(d) of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant [____] Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant _______ Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant 2,000 Performance Shares pursuant to Section 6(d) of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant 12,600 Performance Shares pursuant to Section 6(d) of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant [_______] Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant [________] Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant Performance Participant_______Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant [no. of shares] Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant Performance Participant_________Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant 20,790 Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant Performance Participant_____________Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant 56,000 Performance Shares pursuant to Section 6(d) of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant [_____] Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.

Grant of Performance Shares. Valero hereby grants to Participant [_____] Performance Shares pursuant to Section 6(d) 6.7 of the Plan. The Performance Shares represent rights to receive shares of Common Stock of Valero, subject to the terms and conditions of this Agreement and the Plan.