Value of Performance Units. Each Performance Unit shall have an initial value that is established by the Committee on or before the Grant Date.
Value of Performance Units. On the Grant Date, each Performance Unit shall have a Value of $100.00. Thereafter, except as provided in Section 8(b) below, each Performance Unit shall have a Value equal to result of the following equation: $100.00 x (1.00 + annualized Modified Return on Equity)^3.
Value of Performance Units. Each Performance Unit represents and has a value equal to one dollar.
Value of Performance Units. The Committee shall set performance goals in its discretion that, depending on the extent to which they are met, will determine the number and/or value of Performance Units that will be paid out to the Participants.
Value of Performance Units. The Performance Units granted hereunder shall have a cash payment value of:
Value of Performance Units. Each Performance Unit shall have a potential value between zero and $200 (in United States currency), as determined at the close of business on the Performance Period End Date pursuant to Section 4 of this Agreement.
Value of Performance Units. Subject to the forfeiture provisions contained in Sections 4 and 5, each Performance Unit granted hereunder shall entitle the Awardee, pursuant to Section 7, to receive a cash payment from the Company equal to One Dollar ($1.00).
Value of Performance Units. At the time Performance Units are granted, the Committee shall establish with respect to each such Award a value for each Performance Unit, which may vary thereafter determinable from criteria specified by the Committee at the time of Award.
Value of Performance Units. SHARES AND CASH-BASED AWARDS. Each Performance Unit shall have an initial value that is established by the Committee at the time of grant. Each Performance Share shall have an initial value equal to or greater than the Fair Market Value of a Share on the date of grant. Each Cash-Based Award shall have a value as may be determined by the Committee. The Committee shall set performance goals in its discretion which, depending on the extent to which they are met, will determine the number and/or value of Performance Units/Shares and Cash-Based Awards that will be paid out to the Participant. For purposes of this Article 9, the time period during which the performance goals must be met shall be called a 'Performance Period.'
