Common use of Grant of Performance Unit Award Clause in Contracts

Grant of Performance Unit Award. The Company hereby grants to the Participant, subject to the terms, conditions and restrictions set forth in the Plan and those specified herein, this performance unit award specified in the Acceptance Agreement (“Performance Unit Award”). The target dollar amount that may become payable under this Performance Unit Award shall be specified in the Acceptance Agreement. The Acceptance Agreement and the terms, conditions and restrictions set forth herein, including any Appendix attached hereto, shall collectively constitute the Performance Unit Award Agreement (the “Agreement”) for this Performance Unit Award.