Common use of Payment for Performance Shares Clause in Contracts

Payment for Performance Shares. (1) As soon as administratively practicable after the end of the Performance Period, the Committee shall determine the level attained for each Performance Measure. At such time, the Participant shall be awarded the final number of Performance Shares as determined under Section A(4). Each final Performance Share represents one Share. Each Performance Share shall be paid as soon as administratively practicable following the end of the Performance Period, but in any event not later than March 15, 2009 (the "Payment Date").

Payment for Performance Shares. (1) As soon as administratively practicable after the end of the Performance Period, the Committee shall determine the level attained for each Performance Measure. At such time, the Participant shall be awarded the final number of Performance Shares as determined under Section A(4). Each final Performance Share represents the unsecured right to receive one Share. Each Performance Share shall be paid as soon as administratively practicable following the end of the Performance Period, but in any event not later than March 15, 2009 2010 (the "Payment Date").

Payment for Performance Shares. (1) As soon as administratively practicable after the end of the Performance Period, the Committee shall determine the level attained for each Performance Measure. At such time, subject to the attainment of the level of the Performance Leverage Factor Grid set forth in Section A(2), the Participant shall be awarded receive a number of Shares equal to the final number of Performance Shares as determined under Section A(4). Each final Performance ) or if cash is paid, the Fair Market Value of a Share represents one Share. Each Performance Share shall be paid as soon as administratively practicable following of the end last day of the Performance Period, but in any event not later than March 15, 2009 (Period multiplied by the "Payment Date"number of Performance Shares awarded to the Participant pursuant to Section A(4).