Common use of Performance-Based Award Clause in Contracts

Performance-Based Award. Grant of performance- and service-based restricted stock unit award under the 2013 Plan with a target value of $150,000 ($50,000 per year), which award shall have a three-year performance period, and which shall be subject to such performance, service and other terms and conditions established by the Compensation Committee (including but not limited to discretion of the Compensation Committee as to the extent, if any, to which the award is earned), or as may apply under the 2013 Plan and related award agreement; number of shares of Common Stock subject to award to be determined by dividing award dollar value by fair market value of Common Stock, as determined by the Compensation Committee using averaging or other methodology established by the Compensation Committee.

Performance-Based Award. Grant of performance- and service-based restricted stock unit award under the 2013 Plan with a target value of $150,000 75,000 ($50,000 25,000 per year), which award shall have a three-year performance period, and which shall be subject to such performance, service and other terms and conditions established by the Compensation Committee (including but not limited to discretion of the Compensation Committee as to the extent, if any, to which the award is earned), or as may apply under the 2013 Plan and related award agreement; number of shares of Common Stock subject to award to be determined by dividing award dollar value by fair market value of Common Stock, as determined by the Compensation Committee using averaging or other methodology established by the Compensation Committee.

Performance-Based Award. Grant of performance- and service-based restricted stock unit award under the 2013 Plan with a target value of $150,000 300,000 ($50,000 100,000 per year), which award shall have a three-year performance period, and which shall be subject to such performance, service and other terms and conditions established by the Compensation Committee (including but not limited to discretion of the Compensation Committee as to the extent, if any, to which the award is earned), or as may apply under the 2013 Plan and related award agreement; number of shares of Common Stock subject to award to be determined by dividing award dollar value by fair market value of Common Stock, as determined by the Compensation Committee using averaging or other methodology established by the Compensation Committee.