Common use of Performance Shares and Performance Units Clause in Contracts

Performance Shares and Performance Units. The Committee is authorized ---------------------------------------- to grant Performance Shares or Performance Units or both to Eligible Employees on the following terms and conditions:

Appears in 2 contracts

Sources: Annual Report, 1993 Long Term Incentive and Share Award Plan (Xl Capital LTD)

Performance Shares and Performance Units. The Committee is authorized ---------------------------------------- to grant Performance Shares or Performance Units or both to Eligible Employees on the following terms and conditions:

Appears in 1 contract

Sources: 1997 Long Term Incentive and Share Award Plan for Employees (Anadigics Inc)