Performance Share Plan. The number of Performance Share Units earned by the Executive under the PSP with respect to the 1997-1999 Performance Period shall be determined pursuant to Section 10.1 of the PSP and the Merger shall constitute a Change in Control for such purposes. The Executive shall receive distributions on such Performance Share Units at the same time or times as the other Participants in the PSP receive their distributions, all in accordance with the terms of the PSP. For purposes of clarity, it is agreed that the Number of Performance Units earned by the Executive shall not be prorated based upon the number of months of the Executive's participation during the 1997-1999 Performance Period. All capitalized terms used in this Section 4 shall have the respective meanings provided for such terms in the PSP.
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Performance Share Plan. The number of Performance Share Units earned by the Executive under the PSP with respect to the 1997-1999 Performance Period shall be determined pursuant to Section 10.1 of the PSP and the Merger shall constitute a Change in Control for such purposes. The Executive shall receive distributions on such Performance Share Units at the same time or times as the other Participants in the PSP receive their distributions, all in accordance with the terms of the PSP. For purposes of clarity, it is agreed that the Number of Performance Units earned by the Executive shall not be prorated based upon the number of months of the Executive's participation during the 1997-1999 Performance Period. All capitalized terms used in this Section 4 6 shall have the respective meanings provided for such terms in the PSP.
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