Performance Shares Granted. Subject to the terms of the Plan, DPL hereby grants to the Grantee a targeted number of performance shares equal to ______________ (the “Target Performance Shares”), payment of which depends on DPL’s performance as set forth in this Agreement and in the Statement of Performance Goals (the “Statement of Performance Goals”) approved by the Compensation Committee of DPL’s Board of Directors (the “Committee”).
Appears in 2 contracts
Sources: Long Term Incentive Plan Performance Shares Agreement (DPL Inc), Performance Shares Agreement (Dayton Power & Light Co)
Performance Shares Granted. Subject to the terms of the Plan, DPL hereby grants to the Grantee a targeted number of performance shares equal to ______________ (the “Target Performance Shares”), payment of which depends on DPL’s performance as set forth in this Agreement and in the Statement of Performance Goals (the “Statement of Performance Goals”) approved by the Compensation Committee of DPL’s Board of Directors (the “Committee”).
Appears in 2 contracts
Sources: Long Term Incentive Plan — Performance/Restricted Shares Agreement (DPL Inc), Long Term Incentive Plan Performance Shares Agreement (Dayton Power & Light Co)