Common use of Number of Performance RSUs Clause in Contracts

Number of Performance RSUs. The Grantee is hereby granted [NUMBER] Performance RSUs (the “Target Performance RSUs”). Each Performance RSU represents an unfunded, unsecured promise by the Company to deliver one share of the Company's common stock ("Common Stock"), subject to certain restrictions, terms and conditions. The number of shares of Common Stock actually required to be delivered to the Grantee (the “Earned Performance RSUs”) may vary from the number represented by the Target Performance RSUs, based on performance as described in Section 2(b) hereof.

Appears in 4 contracts

Samples: Performance Restricted Stock Unit Award Agreement (General Dynamics Corp), Performance Restricted Stock Unit Award Agreement (General Dynamics Corp), Performance Restricted Stock Unit Award Agreement (General Dynamics Corp)

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Number of Performance RSUs. The Grantee is hereby granted [NUMBER] Performance RSUs (the “Target Performance RSUs”). Each Performance RSU represents an unfunded, unsecured promise by the Company to deliver one share of the Company's ’s common stock ("Common Stock"), subject to certain restrictions, terms and conditions. The number of shares of Common Stock actually required to be delivered to the Grantee (the “Earned Performance RSUs”) may vary from the number represented by the Target Performance RSUs, based on performance as described in Section 2(b) hereof.

Appears in 2 contracts

Samples: Performance Restricted Stock Unit Award Agreement (General Dynamics Corp), Performance Restricted Stock Unit Award Agreement (General Dynamics Corp)

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