Common use of Grant of PSUs Clause in Contracts

Grant of PSUs. The Company has granted to the Participant [●] PSUs (the “Target Award), effective as of the Date of Grant, on the terms and conditions set forth in the Plan and this Agreement, subject to adjustment as forth in the Plan.

Grant of PSUs. The Company has granted Subject to the Participant [●] PSUs (the “Target Award), effective as of the Date of Grant, on the terms and conditions set forth in of the Plan and this Award Agreement, subject the Company hereby grants the Participant a target number of [ ] PSUs as of the Grant Date (“Target Award”). Each PSU represents the right to adjustment receive one Share. The number of PSUs that the Participant may actually earn during each Vesting Period (as defined below) shall be determined as a percentage of the Target Award based on the level of achievement of the performance goals set forth in Schedule A attached hereto (the Plan“Performance Goals”).

Grant of PSUs. The Company has granted hereby grants to the Participant [●] on the Grant Date a Performance Award (the “Award”) consisting of the target number of PSUs set forth above (the “Target Award”). Each PSU represents the conditional right to receive, effective as of without payment but subject to the Date of Grant, on the terms conditions and conditions limitations set forth in the Plan this Agreement and this Agreement, subject to adjustment as forth in the Plan, one share of Stock (each, a “Share” or together, the “Shares”).