Common use of Performance-Based Award Clause in Contracts

Performance-Based Award. This Award is intended to be a Performance-Based Award if Employee is considered to be a Covered Employee for the tax year of the Company for which the Company claims a related tax deduction.

Appears in 4 contracts

Sources: Performance Cash Award Agreement (Arizona Public Service Co), Performance Share Award Agreement (Arizona Public Service Co), Performance Share Award Agreement (Arizona Public Service Co)

Performance-Based Award. This Award is intended to be a Performance-Based Award Award, if Employee is considered to be a Covered Employee for the tax year of the Company for which the Company claims a related tax deduction.]

Appears in 1 contract

Sources: Performance Share Award Agreement (Pinnacle West Capital Corp)