Common use of Unit Value Measurement Clause in Contracts

Unit Value Measurement. The aggregate value of the Participant’s Units (the “Benefit Amount”) shall be determined as of the last day of the Term, and shall be equal to the product of the number of Units then covered under this Agreement and the fair market value of one share of the Common Stock, as calculated pursuant to Section 14 of the Plan, as of the last day of the Term.

Appears in 3 contracts

Samples: Performance Unit Award Agreement (Goodrich Corp), Performance Unit Award Agreement (Goodrich Corp), Performance Unit Award Agreement (Goodrich Corp)

AutoNDA by SimpleDocs

Unit Value Measurement. The Except as otherwise provided in section 7 below, the aggregate value of the Participant’s Units (the “Benefit Amount”) shall be determined as of the last day of the Term, and shall be equal to the product of the number of Units then covered under this Agreement and the fair market value of one share of the Common Stock, as calculated pursuant to Section 14 of the Plan, as of the last day of the Term.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Goodrich Corp), Performance Unit Award Agreement (Goodrich Corp)

AutoNDA by SimpleDocs

Unit Value Measurement. The Except as otherwise provided in section 7 below, the aggregate value of the Participant’s Units (the “Benefit Amount”) shall be determined as of the last day of the Term, and shall be equal to the product of the number of Units then covered under this Agreement and the fair market value of one share of the Common Stock, as calculated pursuant to Section 14 15 of the Plan, as of the last day of the Term.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Goodrich Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.