Common use of Performance Shares Clause in Contracts

Performance Shares. Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.

Appears in 16 contracts

Sources: Performance Shares Agreement (Superior Group of Companies, Inc.), Performance Shares Agreement (Optex Systems Holdings Inc), Performance Shares Agreement (Superior Group of Companies, Inc.)