Common use of Stock Awarded Clause in Contracts

Stock Awarded. Participant is hereby awarded _____ Performance Share Units, representing Participant’s Target Award, subject in all respects to the terms of this Award Agreement, including Schedule A, and the Plan, as of the Effective Date. Each Performance Share Unit represents the right to receive one share of Stock, if earned.

Appears in 4 contracts

Samples: Performance Share Unit Award Agreement (Rayonier Advanced Materials Inc.), 2022 Performance Share Unit Award Agreement (Rayonier Advanced Materials Inc.), Performance Share Unit Award Agreement (Rayonier Advanced Materials Inc.)

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Stock Awarded. Participant is hereby awarded _____ «Restricted» Performance Share Units, representing Participant’s Target Award, subject in all respects to the terms of this Award Agreement, including Schedule A, and the Plan, as of the Effective Date. Each Performance Share Unit represents the right to receive one share of Stock, if earned.

Appears in 1 contract

Samples: Award Agreement (Rayonier Advanced Materials Inc.)

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Stock Awarded. Participant is hereby awarded _____ Leveraged Performance Share Units, representing Participant’s Target Award, subject in all respects to the terms of this Award Agreement, including Schedule A, and the Plan, as of the Effective Date. Each Leveraged Performance Share Unit represents the right to receive one share of Stock, if earned.

Appears in 1 contract

Samples: 2022 Leveraged Performance Unit Award Agreement (Rayonier Advanced Materials Inc.)

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