Performance Unit. Each Performance Unit shall be payable in shares of Common Stock of the Company. On any day, the value of a Performance Unit shall equal the Fair Market Value of the shares of Common Stock of the Company underlying the Performance Unit. As of the date of grant, the Award Value of the Performance Units is zero.
Appears in 2 contracts
Sources: Performance Unit Award Agreement (Tandy Brands Accessories Inc), Performance Unit Award Agreement (Tandy Brands Accessories Inc)