Common use of Grant of Stock Units Clause in Contracts

Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of no less than 1,600,000 and no more than 2,300,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B. Each Unit shall represent one share of AEI Common Stock.

Appears in 3 contracts

Sources: Employment Agreement (Monongahela Power Co /Oh/), Employment Agreement (Allegheny Energy Supply Co LLC), Employment Agreement (Allegheny Energy Inc)

Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of no less than 1,600,000 and no more than 2,300,000 550,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B. B (the "Stock Unit Agreement"). Each Unit shall represent one share of AEI Common Stock.

Appears in 3 contracts

Sources: Employment Agreement (Monongahela Power Co /Oh/), Employment Agreement (Allegheny Energy Inc), Employment Agreement (Allegheny Energy Supply Co LLC)

Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of no less than 1,600,000 and no more than 2,300,000 300,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B. B (the "Stock Unit Agreement"). Each Unit shall represent one share of AEI Common Stock.

Appears in 3 contracts

Sources: Employment Agreement (Allegheny Energy Inc), Employment Agreement (Allegheny Energy Supply Co LLC), Employment Agreement (Potomac Edison Co)

Grant of Stock Units. On January 2, 2004, the Executive shall receive a grant of no less than 1,600,000 and no more than 2,300,000 50,000 stock units (the "Units"). Such Units shall be evidenced by a Stock Unit Agreement substantially in the form of Exhibit B. B (the "Stock Unit Agreement"). Each Unit shall represent one share of AEI Common Stock.

Appears in 2 contracts

Sources: Employment Agreement (Allegheny Energy Inc), Employment Agreement (West Penn Power Co)