Common use of Performance Shares Granted Clause in Contracts

Performance Shares Granted. Subject to the terms of the Plan, the Company hereby grants to <<Proper Name>> (the “Grantee”) a targeted number of Performance Shares equal to <<Shares>> (the “Target Performance Shares”) on February 12, 2010 (the “Grant Date”), payment of which depends on the Company’s performance as set forth in this Agreement and in the matrix on Addendum A as approved by the Human Resources Committee and the Company’s Board of Directors (the “Committee”). The Target Performance Shares will be determined based upon a percentage of the approved budgeted salary for each Grantee divided by the Fair Market Value of the Company’s common stock as of the grant date. For this purpose, Fair Market Value shall be determined as specified in the Plan.

Performance Shares Granted. Subject to the terms of the Plan, the Company hereby grants to <<Proper Name>> (the “Grantee”) Grantee a targeted number of Performance Shares equal to <<Shares>> ______________ (the “Target Performance Shares”) on February 12___________, 2010 20___ (the “Grant Date”), payment of which depends on the Company’s performance as set forth in this Agreement and in the matrix on Addendum A as approved by the Human Resources Committee and the Company’s Board of Directors (the “Committee”). The Target Performance Shares will be determined based upon a percentage of the approved budgeted salary for each Grantee divided by the Fair Market Value of the Company’s common stock as of the grant date. For this purpose, Fair Market Value shall be determined as specified in the Plan.