Examples of Final Award in a sentence
Such additional RPSUs shall vest and be paid to the same extent and at the same times that the Class C Common Stock underlying the Final Award vest and are delivered to the Participant in accordance with the provisions hereof.
To the extent the Final Award is vested pursuant to the preceding sentence, the Final Award shall be paid to the Participant in accordance with the second sentence of Section 3.
Upon the occurrence of the Participant’s Disability during the Restricted Period, a Final Award equal to one hundred percent (100%) of the Target Award shall vest automatically and be paid to the Participant in accordance with the second sentence of Section 3.
RPSUs are hereby granted as follows to Cxxxx Xxxxxxxxx: Date of Grant: July 1, 2024 Performance Period: April 30, 2024 through December 31, 2026 Restricted Period: July 1, 2024 through April 14, 2027 Target Award: #,### Final Award: Target Award multiplied by “Payout Percentage” based on the Company’s total shareholder return relative to total shareholder return of peer group members, as set forth in this Agreement.
Payment of the Final Award shall be made in Clearway Energy, Inc.