Number of Stock Units. Vesting of Stock Units (“Vesting Schedule”): 100% of the Stock Units shall be immediately vested upon the Date of Grant. Your signature below indicates your agreement and understanding that this award is subject to all of the terms and conditions contained in Appendix A and the Plan. PLEASE BE SURE TO READ ALL OF APPENDIX A AND THE PLAN, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD.
Number of Stock Units. You have been granted _____ Stock Units in payment of a portion of your annual retainer. Although these Stock Units are not actual shares of Company Stock, they will be credited with “dividend equivalents” at the same rate and at the same time dividends are paid on actual shares of Company Stock. These dividend equivalents will be converted to additional Stock Units based on the amount of dividends paid and the Fair Market Value (as defined in the Plan) of a share of Company Stock. These additional Stock Units will be distributed at the same time and subject to the same terms and conditions that apply to other Stock Units granted with this Award Agreement. The conditions that must be met before the Award is converted into shares of Company Stock are discussed below in the Section titled “When Your Award Will Be Settled.”
Number of Stock Units. (a) Subject to the terms and conditions of this Warrant, and applicable securities laws, Holder shall have the right, upon surrender hereof and payment of the Exercise Price, to exercise this Warrant (in whole, but not in part) and thereby to acquire 225,000,000 Stock Units in the manner specified in Section 1.2 (subject to adjustments as provided in Article IV hereof).
Number of Stock Units. Vesting of Stock Units: 100% of the Stock Units shall vest upon the first to occur of (1) the fifth anniversary of the Date of Grant or (2) the cessation of your service as a Non-employee Director for any reason. This award is subject to all of the terms and conditions contained in Appendix A and the Plan. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD. THE PMI GROUP, INC. Xxxxxxx X. Xxxxx Senior Vice President APPENDIX A TERMS AND CONDITIONS OF STOCK UNIT GRANT
Number of Stock Units. Vesting of Stock Units: 100% of the Stock Units shall vest upon the first to occur of (1) the fifth anniversary of the Date of Grant or (2) the cessation of your service as a Non-employee Director for any reason. This award is subject to all of the terms and conditions contained in Appendix A and the Plan. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD. THE PMI GROUP, INC. APPENDIX A TERMS AND CONDITIONS OF STOCK UNIT GRANT
Number of Stock Units. [INSERT NUMBER]
Number of Stock Units. Stock Units granted to any individual in a single fiscal year of the Corporation shall not cover more than 750,000 shares of Common Stock. The limitations set forth in the preceding sentence shall be subject to adjustment in accordance with Article 11.
Number of Stock Units. (1) Vesting Schedule: See vesting set forth in Exhibit A attached hereto(1) Award Date: ____________________________________________ _______________________________________________________________________________
