Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of shares] shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of shares] shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2003 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of sharesshares awarded] shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of sharesshares awarded] shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2007 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of shares] shares 5,760 Shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of shares] shares 1,280 Shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2007 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of shares] shares 10,800 Shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of shares] shares 2,400 Shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2004 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of sharesshares awarded] shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of sharesshares awarded] shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2002 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of sharesXXXX] shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of sharesXXXX] shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2007 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of shares] shares 3,600 Shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of shares] shares 800 Shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2001 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of sharesXXXX] shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of sharesXXXX] shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)
Performance Share Award. The Company hereby grants to the Grantee a Performance Share Award for the year ending December 31, 2005 2000 (the "Award Year"). As more fully described herein, the Grantee may earn a maximum total of [number of sharesX,XXX] shares (the "Contingent Performance Shares") upon the Company's achievement of the Performance Goals set forth in Section 2. Alternatively, the Grantee may elect to receive [number of sharesX,XXX] shares (the "Forfeitable Performance Shares"), as detailed in Section 3, in lieu of receiving any Contingent Performance Shares. The Forfeitable Performance Shares shall be subject to forfeiture conditions, as set forth in Section 3(c).
Appears in 1 contract
Sources: Performance Share Agreement (Chesapeake Utilities Corp)