Common use of Pool Provisions Clause in Contracts

Pool Provisions. This award is subject to the Award Pool. The number of Shares to be awarded on any Vesting Date may in no event exceed the number of Shares to which Participant is entitled under the Award Pool for this Award as certified by the Committee in accordance with the Award Pool (the “Certified Share Amount”). In the event the number of Performance Units awarded hereby exceeds the Certified Share Amount, then such excess will be forfeited as of the date of such certification.

Appears in 5 contracts

Samples: Performance Unit Agreement (Packaging Corp of America), Performance Unit Agreement (Packaging Corp of America), Performance Unit Agreement (Packaging Corp of America)

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