Common use of Performance Shares and Performance Units Clause in Contracts

Performance Shares and Performance Units. The Committee may also authorize grants of Performance Shares and Performance Units, which shall become payable to the Participant only upon the achievement of specified Performance Objectives, upon such terms and conditions as the Committee may determine in accordance with the following provisions:

Appears in 3 contracts

Sources: Omnibus Incentive Plan (Ii-Vi Inc), Omnibus Incentive Plan (Ii-Vi Inc), 2012 Omnibus Incentive Plan (Ii-Vi Inc)

Performance Shares and Performance Units. The Committee may also authorize grants of Performance Shares and Performance Units, which shall become payable to the Participant only upon the achievement of specified Performance Objectives, upon such terms and conditions as the Committee may determine in accordance with the following provisions:

Appears in 1 contract

Sources: 2005 Omnibus Stock Incentive Plan (Home Depot Inc)