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Common use of Maximum Award Clause in Contracts

Maximum Award. Your Maximum Award for the Performance Period under this Award Agreement shall be the number of shares of Stock equal to 200% of your Target Award, subject to the provisions of Section 2.1 and the caps contained therein.

Appears in 8 contracts

Sources: Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp)

Related Clauses

  • Performance Award
  • Incentive Award
  • Incentive Bonus
  • Payout
  • Performance Pay

Parent Clauses

  • Internal Dispute Resolution Procedure
  • Mandatory Alternative Dispute Resolution
  • General Provisions for Alternative Dispute Resolution
  • Shares Awarded Performance Period Vesting Period Payment of Award
  • Shares Awarded

Sub-Clauses

  • Definitions
  • Combined Single Limit Liability
  • Passenger and Public Liability Insurance
  • GOVERNMENT CONTROLLABLE DELAYS - CARGO
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