Common use of Performance Based Restricted Stock Units Subject to Award Clause in Contracts

Performance Based Restricted Stock Units Subject to Award. The Award consists of that number of performance-based restricted stock units (the “PRSU”) with respect to the Stock that has been approved for the Award to Participant by the Administrator as the target number of PRSUs (“Target PRSUs”). The Target PRSUs shall be subject to increase or decrease in accordance with Sections 1.3 and 1.4 below. Each PRSU is equivalent to one share of the Stock (subject to adjustment under the Plan). The Participant’s rights to the PRSU are subject to the restrictions described in this Agreement and in the Plan (which is incorporated herein by reference with the same effect as if set forth herein in full) in addition to such other restrictions, if any, as may be imposed by law.

Appears in 5 contracts

Samples: Rsu Award Agreement (Entegris Inc), Rsu Award Agreement (Entegris Inc), Rsu Award Agreement (Entegris Inc)

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Performance Based Restricted Stock Units Subject to Award. The Award consists of that number of performance-performance based restricted stock units (the “PRSU”) with respect to the Stock that has been approved for the Award to Participant by the Administrator as the target number of PRSUs (“Target PRSUs”);. The Target PRSUs shall be subject to increase or decrease in accordance with Sections 1.3 and 1.4 below. Each PRSU is equivalent to one share of the Stock (subject to adjustment under the Plan)Stock. The Participant’s rights to the PRSU are subject to the restrictions described in this Agreement and in the Plan (which is incorporated herein by reference with the same effect as if set forth herein in full) in addition to such other restrictions, if any, as may be imposed by law.

Appears in 1 contract

Samples: Performance Share Award Agreement (Entegris Inc)

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Performance Based Restricted Stock Units Subject to Award. The Award consists of that number of performance-performance based restricted stock units (the “PRSU”) with respect to the Stock that has been approved for the Award to Participant by the Administrator as the target number of PRSUs PSRUs (“Target PRSUs”, subject to increase from time to time for any dividend equivalents credited pursuant to Section 1.9. hereof); as noted above, the Award is reflected in the Performance Stock Units section on the Restricted Stock Plan Overview tab of the Xxxxxx Xxxxxxx Stock Plan Connect web page. The Target PRSUs shall be subject to increase or decrease in accordance with Sections 1.3 and 1.4 below. Each PRSU is equivalent to one share of the Stock (subject to adjustment under the Plan)Stock. The Participant’s rights to the PRSU are subject to the restrictions described in this Agreement and in the Plan (which is incorporated herein by reference with the same effect as if set forth herein in full) in addition to such other restrictions, if any, as may be imposed by law.

Appears in 1 contract

Samples: Performance Share Award Agreement (Entegris Inc)

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