Common use of Grant of Performance Units and Shares Clause in Contracts

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 Performance Shares or Performance Units may be granted to any Participant.

Appears in 5 contracts

Sources: 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp)

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 400,000 Performance Shares or Performance Units may be granted to any Participant.

Appears in 4 contracts

Sources: 2005 Omnibus Stock Plan (Varian Medical Systems Inc), 2005 Omnibus Stock Plan (Varian Medical Systems Inc), 2000 Stock Plan (Varian Medical Systems Inc)

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, Year no more than 500,000 100,000 Performance Units or Performance Shares or Performance Units may be granted to any Participant.

Appears in 3 contracts

Sources: Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc)

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion, provided that the aggregate number of Shares to be granted pursuant to Sections 6, 7 and 8 of the Plan shall not exceed 400,000 Shares. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, Year no more than 500,000 100,000 Performance Units or Performance Shares or Performance Units may be granted to any Participant.

Appears in 2 contracts

Sources: Omnibus Stock Plan (Applied Materials Inc /De), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc)

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion, provided that the aggregate number of Shares to be granted pursuant to Sections 6, 7 and 8 of the Plan shall not exceed 100,000 Shares. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, Year no more than 500,000 100,000 Performance Units or Performance Shares or Performance Units may be granted to any Participant.

Appears in 1 contract

Sources: Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc)

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 100,000 Performance Shares or Performance Units may be granted to any Participant.

Appears in 1 contract

Sources: 2017 Omnibus Stock Plan (Varex Imaging Corp)

Grant of Performance Units and Shares. Performance Units and Performance Shares may be granted to Employees and Consultants at any time and from time to time, as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of Performance Units and Performance Shares granted to any Participant, provided that during any Fiscal Year, no more than 500,000 [ ] Performance Shares or Performance Units may be granted to any Participant.

Appears in 1 contract

Sources: 2017 Omnibus Stock Plan (Varex Imaging Corp)