Common use of Performance Share-Based Award Clause in Contracts

Performance Share-Based Award. Subject to the terms of this Agreement and the Plan, Limoneira hereby grants the Participant the opportunity to earn Shares determined on the Issue Date (as hereafter defined).

Performance Share-Based Award. Subject to the terms of this Agreement and the Plan, Limoneira hereby grants the Participant the opportunity to earn Shares determined on the each Issue Date (as hereafter defined).