Performance Award. The Corporation hereby grants to you, effective as of the Grant Date, a Performance Award representing the right to receive a specified number of Common Shares, as set forth in the attached Performance Award Certificate and subject to the terms and conditions set forth in this Agreement, the Performance Award Certificate and the Plan. The Performance Award, to the extent it becomes payable, shall be paid in Common Shares of the Corporation (the “Shares”).
Appears in 8 contracts
Samples: Corporation 2014 Stock Incentive Plan 2018 Legacy Performance Award Agreement (Otter Tail Corp), 1999 Stock Incentive Plan (Otter Tail Corp), Corporation 1999 Stock Incentive Plan 2006 Performance Award Agreement (Otter Tail Corp)
Performance Award. The Corporation hereby grants to you, effective as of the Grant Date, a Performance Award representing the right to receive a specified number of Common Shares, as set forth in the attached Performance Award Certificate and subject to the terms and conditions set forth in this Agreement, the Performance Award Certificate and the Plan. The Performance Award, to the extent it becomes payable, shall be paid in Common Shares of the Corporation (the “Shares”)Corporation.
Appears in 1 contract
Samples: 2023 Stock Incentive Plan 2023 Executive Performance Award Agreement (Otter Tail Corp)
