ADDITIONAL STOCK AWARD. On or before March 1, 1997 the Committee will grant a one-time "Additional Stock Award" to Participant if (i) Participant remains a full-time executive of an Employer as of December 31, 1996 or has terminated his employment before December 31, 1996 because of permanent and total disability, retirement or death and (ii) the Company has met the 1996 earnings objectives as determined by the Committee for the awarding of an Additional Stock Award. The Additional Stock Award will be in whole (not fractional) Shares having a fair market value on the date the Award is made that is as close as possible to the product of "X" and "Y" where:
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Sources: Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc)
ADDITIONAL STOCK AWARD. On or before March 1, 1997 1996 the Committee will grant a one-time "Additional Stock Award" to Participant if (i) Participant remains a full-time executive of an Employer as of December 31, 1996 1995 or has terminated his employment before December 31, 1996 1995 because of permanent and total disability, retirement or death and (ii) the Company has met the 1996 1995 earnings objectives as determined by the Committee for the awarding of an Additional Stock Award. The Additional Stock Award will be in whole (not fractional) Shares having a fair market value on the date the Award is made that is as close as possible to the product of "X" and "Y" where:
Appears in 3 contracts
Sources: Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc)
ADDITIONAL STOCK AWARD. On or before March 1, 1997 1998 the Committee will grant a one-time "Additional Stock Award" to Participant if (i) Participant remains a full-time executive of an Employer as of December 31, 1996 1997 or has terminated his employment before December 31, 1996 1997 because of permanent and total disability, retirement or death and (ii) the Company has met the 1996 1997 earnings objectives as determined by the Committee for the awarding of an Additional Stock Award. The Additional Stock Award will be in whole (not fractional) Shares having a fair market value on the date the Award is made that is as close as possible to the product of "X" and "Y" where:
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