Common use of Performance Unit Clause in Contracts

Performance Unit. Each Performance Unit shall be payable 50% in cash and 50% in shares of Common Stock of the Company, with the number of shares of Common Stock payable based on the Fair Market Value of the Common Stock of the Company on the date of grant, which was $«Stock_Value». The value of a single Performance Unit shall equal $1.00.

Performance Unit. Each Performance Unit shall be payable 50% in cash and 50% in shares of Common Stock of the Company, with the number of shares of Common Stock payable based on the Fair Market Value of the Common Stock of the Company on the date of grant, which was $«Stock_Value»1.9201. The value of a single Performance Unit shall equal $1.00.