Common use of Grant of Performance Shares Clause in Contracts

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's Board of Directors (the "Committee"), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares"), subject to the terms and conditions of the Plan and this Agreement. This "target" number of shares is computed by dividing the target award dollar amount for your position by the average closing stock price of the Company's common stock, par value US$.01 per share ("Stock") for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's ’s Board of Directors (the "“Committee"”), the Company hereby grants you the target number of Performance Shares specified above (the "“Performance Shares"”), subject to the terms and conditions of the Plan and this Agreement. This "“target" ” number of shares is computed by dividing the target award dollar amount for your position by the average closing stock price of the Company's ’s common stock, par value US$.01 per share ("“Stock"”) for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's ’s Board of Directors (the "“Committee"”), the Company hereby grants you the target number of Performance Shares specified above (the "“Performance Shares"”), subject to the terms and conditions of the Plan and this Agreement. This "“target" ” number of shares is computed by dividing the a target award dollar amount approved for your position you by the Committee by the average closing stock price of the Company's ’s common stock, par value US$.01 per share ("“Stock"”) for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's ’s Board of Directors (the "“Committee"”), the Company hereby grants you the target number of Performance Shares specified above (the "“Performance Shares"”), subject to the terms and conditions of the Plan and this Agreement. This "“target" ” number of shares is computed by dividing the target award dollar amount for your position by the average closing stock price of the Company's ’s common stock, par value US$.01 per share ("“Stock"”) for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's ’s Board of Directors (the "“Committee"”), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares"), subject to the terms and conditions of the Plan and this Agreement. This "“target" ” number of shares is computed by dividing the a target award dollar amount approved for your position you by the Committee by the average closing stock price of the Company's ’s common stock, par value US$.01 per share ("“Stock"”) for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's Board of Directors (the "Committee"), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares"), subject to the terms and conditions of the Plan and this Agreement. This "target" number of shares is computed by dividing the a target award dollar amount approved for your position you by the Committee by the average closing stock price of the Company's common stock, par value US$.01 per share ("Stock") for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's Board of Directors (the "Committee"), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares"), subject to the terms and conditions of the Plan and this Agreement. This "target" number of shares is computed by dividing the target award dollar amount for your position by the average closing stock price of the Company's common stock, par value US$.01 per share ("Stock") for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's ’s Board of Directors (the "“Committee"”), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares"), subject to the terms and conditions of the Plan and this Agreement. This "“target" ” number of shares is computed by dividing the target award dollar amount for your position by the average closing stock price of the Company's ’s common stock, par value US$.01 per share ("“Stock"”) for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's Board of Directors (the "Committee"), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares"), subject to the terms and conditions of the Plan and this Agreement. This "target" number of shares is computed by dividing the a target award dollar amount approved for your position you by the Committee by the average closing stock price of the Company's common stock, par value US$.01 per share ("Stock") for the last 30 trading days of the fiscal year preceding the Grant Date.

Grant of Performance Shares. Pursuant to the approval and direction of the Compensation and Leadership Performance Committee of the Company's ’s Board of Directors (the "“Committee"”), the Company hereby grants you the target number of Performance Shares specified above (the "Performance Shares")above, subject to the terms and conditions of the Plan and this Agreement. This "“target" ” number of shares is computed by dividing multiplying your annual base salary by the target award dollar amount percentage for your position position, and then dividing that by the average closing stock price of the Company's ’s common stock, par value US$.01 $.078125 per share ("“Common Stock"”) for the last 30 trading days of the fiscal year preceding the Grant Date.