Common use of Grant of Performance Stock Units Clause in Contracts

Grant of Performance Stock Units. The Company hereby grants to the Employee an Award of Performance Stock Units (such number to be determined as set forth in Section 4(b) based on a target award of ____________ Performance Stock Units) on the terms and conditions set forth herein and in the Plan. Each Performance Stock Unit represents the right of the Employee to receive the payment of one Share on the date that payment is made.

Grant of Performance Stock Units. The Company hereby grants to the Employee an Award of Performance Stock Units (such number to be determined as set forth in Section 4(b) based on a target award of ____________ [insert number] Performance Stock Units) on the terms and conditions set forth herein and in the Plan. Each Performance Stock Unit represents the an unfunded, unsecured right of the Employee to receive the payment of one Share share of Stock (a “Share”) on the date that payment is mademade with respect to the Performance Stock Unit.

Grant of Performance Stock Units. The Company hereby grants to the Employee an Award of Performance Stock Units (such number to be determined as set forth in Section 4(b) based on a target award of ____________ Performance Stock Units) Units on the terms and conditions set forth herein and in the Plan. Each Performance Stock Unit represents the right of the Employee to receive the payment of one Share on the date that payment is made.

Grant of Performance Stock Units. You are hereby granted performance stock units (“Units”), representing the right to earn, on a one-for-one basis, Shares of the Company’s Class A common stock (“Shares”), all in accordance with the terms of this Award Agreement, the Plan, and any rules and procedures adopted by the Committee. The Company hereby grants Units represent the right to earn from 0% to 150% of the Employee an Award of Performance Stock Units (such number to be determined as set forth in Section 4(b) Target Award, based on a target award (i) your continued future employment, and (ii) the Company’s level of ____________ achievement of the Performance Stock Units) on Goals during the Performance Period, in accordance with the terms and conditions set forth herein and in the Plan. Each Performance Stock Unit represents the right of the Employee to receive the payment of one Share on the date that payment is madethis Award Agreement.

Grant of Performance Stock Units. You are hereby granted performance stock units (“Units”), representing the right to earn, on a one-for-one basis, Shares of the Company’s Class A common stock (“Shares”), all in accordance with the terms of this Award Agreement, the Plan, and any rules and procedures adopted by the Committee. The Company hereby grants Units represent the right to earn from 0% to [ ]% of the Employee an Award of Performance Stock Units (such number to be determined as set forth in Section 4(b) Target Award, based on a target award (i) your continued future employment, and (ii) the Company’s level of ____________ achievement of the Performance Stock Units) on Goals during the Performance Period, in accordance with the terms and conditions set forth herein and in the Plan. Each Performance Stock Unit represents the right of the Employee to receive the payment of one Share on the date that payment is madethis Award Agreement.