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Common use of Performance Unit Awards Clause in Contracts

Performance Unit Awards. Each JDSU MSU Award that is outstanding immediately prior to the Effective Time shall be converted as of the Effective Time into either a Viavi MSU Award or a Holdings MSU Award as follows:

Appears in 5 contracts

Sources: Employee Matters Agreement (Lumentum Holdings Inc.), Employee Matters Agreement (Viavi Solutions Inc.), Employee Matters Agreement (Lumentum Holdings Inc.)

Related Clauses

  • Performance Share Awards
  • Performance Units
  • Performance Share Award
  • Performance Share Units
  • Performance Shares

Parent Clauses

  • Equity Based Compensation
  • MISCELLANEOUS
  • Compensation
  • LONE PINE BENEFIT PLANS
  • Equity Based and Incentive Compensation

Sub-Clauses

  • Payments
  • JDSU MSU Awards Held by Lumentum Group Employees
  • Terms and Conditions
  • JDSU MSU Awards Held by Viavi Group Employees, Former JDSU Group Employees and Former Lumentum Group Employees
  • JDSU MSU Awards Held by Viavi Group Employees
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