Performance Unit Award. Concurrent with the execution of this Employment Agreement, and annually on the anniversary of the execution of this Employment Agreement during the Term, the Executive and the Company shall enter into a Performance Unit Agreement in substantially the form attached hereto as Appendix A, pursuant to which the Company shall grant to the Executive the “Performance Units” specified therein with an aggregate value of $1,500,000. These “Performance Units” will be granted under the Company’s Second Amended and Restated 2007 Long Term Incentive Plan (the “Plan”).
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Performance Unit Award. Concurrent with the execution of this Employment Agreement, and annually on the anniversary of the execution of this Employment Agreement during the Term, the Executive and the Company shall enter into a Performance Unit Agreement in substantially the form attached hereto as Appendix A, pursuant to which the Company shall grant to the Executive the “Performance Units” specified therein with an aggregate value of $1,500,000. These “Performance Units” will be granted under the Company’s Second Amended and Restated 2007 Long Term Incentive Plan (the “Plan”)3,500,000.
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