Performance Unit Agreement definition

Performance Unit Agreement means a written agreement between the Company and a Holder with respect to a Performance Unit Award.

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Performance Unit Agreement means an agreement evidencing a Performance Unit Award, as described in Section 8.2.

Performance Unit Agreement means any written agreement(s) between the Partnership and any recipient of Performance Units evidencing the terms and conditions of any Performance Units, including any vesting, forfeiture and other terms and conditions as may apply to such Performance Units, consistent with the terms hereof and of the Plan (or other applicable Equity Plan governing such LTIP Units).

Examples of Performance Unit Agreement in a sentence

• Upon the forfeiture of any Performance Units in accordance with the applicable Performance Unit Agreement (including any forfeiture effected through repurchase), the Performance Units so forfeited (or repurchased) shall immediately, and without any further action, be treated as cancelled and no longer outstanding for any purpose.

• This Performance Unit Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, administrators, representatives, successors and assigns.

• This Performance Unit Agreement is to be construed in accordance with the terms of the Plan.

• Performance Units may, in the sole discretion of the General Partner, be issued subject to vesting, forfeiture and additional restrictions on Transfer pursuant to the terms of the applicable Performance Unit Agreement.

• The titles of the sections of this Performance Unit Agreement and of the Plan are included for convenience only and shall not be construed as modifying or affecting their provisions.

More Definitions of Performance Unit Agreement

Performance Unit Agreement means an agreement setting forth the terms and conditions of an Award of Performance Units.

Performance Unit Agreement means the written agreement between the Company and a Participant confirming the Performance Unit Award and setting forth the terms and conditions of such Award.

Performance Unit Agreement means a written document, the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of Performance Units granted under the Plan and includes any documents attached to such agreement.

Performance Unit Agreement means a written agreement between the Participant and one or more Affiliates that specifies the number of Performance Units granted to the Participant, the Performance Factor, the Performance Period, how the number of Final Performance Units will be determined, the effect of any Termination on Performance Units, and any other conditions of any payment related to Performance Units, and such other terms and conditions as the Administrator shall determine which are not inconsistent with the provisions of the Plan.

Performance Unit Agreement means a written agreement signed and -------------------------- dated by the Committee and a Recipient that specifies the terms and conditions of an Award of Performance Units.

Performance Unit Agreement means an agreement entered into between a Participant and the Company under Section 7.8.

Performance Unit Agreement means the document(s) evidencing a Performance Unit Award.