Common use of Performance Unit Account Clause in Contracts

Performance Unit Account. The Company shall maintain an account (the “Performance Unit Account” or “Account”) on its books in the name of the Recipient, which shall reflect the number of Performance Units awarded to the Recipient.

Appears in 3 contracts

Sources: Cash Settled Performance Unit Award Agreement (SPX Technologies, Inc.), Cash Settled Performance Unit Agreement (SPX Corp), Cash Settled Performance Unit Agreement (SPX Corp)

Performance Unit Account. The Company shall maintain an account (the “Performance Unit Account” or “Account”) on its books in the name of the Recipient, which shall reflect the number of Performance Units awarded to the Recipient.. [ ] CPU

Appears in 1 contract

Sources: Cash Settled Performance Unit Agreement