Common use of Performance Shares and Performance Units Clause in Contracts

Performance Shares and Performance Units. The Committee may also authorize grants of Performance Shares and Performance Units, which shall become payable to the Participant only upon the achievement of specified Performance Objectives, upon such terms and conditions as the Committee may determine in accordance with the following provisions:

Appears in 3 contracts

Samples: Ii-Vi Inc, Ii-Vi Inc, Ii-Vi Inc

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Performance Shares and Performance Units. The Committee also may also authorize grants of Performance Shares and Performance Units, which shall become payable to the Participant only upon the achievement of specified Performance Objectives, upon such terms and conditions as the Committee may determine in accordance with the following provisions:

Appears in 1 contract

Samples: Restricted Stock Agreement (FNB United Corp.)

Performance Shares and Performance Units. The Committee may also from time to time authorize grants to any Participant of Performance Shares and Performance Units, which shall will become payable to the Participant only upon the achievement of specified Performance Management Objectives, upon such terms and conditions as the Committee it may determine in accordance with this Section 10. Each such grant may utilize any or all of the authorizations, and will be subject to all of the requirements, contained in the following provisions:

Appears in 1 contract

Samples: Compensation Plan (Delek Holdco, Inc.)

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Performance Shares and Performance Units. The Committee may also authorize grants of Performance Shares and Performance Units, which shall become payable to the Participant only upon the achievement of specified Performance Objectives, upon such terms and conditions as the Committee may determine in accordance with the following provisions:

Appears in 1 contract

Samples: Home Depot Inc

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