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)
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)
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