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Common use of PSU Award Clause in Contracts

PSU Award. The PSU Award will vest on the last day of the PSU Performance Period based on the extent that the Performance Goals for the PSUs are achieved for the PSU Performance Period.

Appears in 5 contracts

Sources: Long Term Incentive Award Agreement (Lennox International Inc), Long Term Incentive Award Agreement (Lennox International Inc), Long Term Incentive Award Agreement (Lennox International Inc)

Related Clauses

  • RSU Award
  • RSUs
  • Equity Award
  • Restricted Stock Unit Award
  • Performance Share Award

Parent Clauses

  • Conditions for Vesting
  • Acceleration upon Change in Control
  • Method and Time of Payment
  • Grant of Awards
  • CONSIDERATION

Sub-Clauses

  • Termination due to Retirement, Disability, or Death
  • General
  • Awardee’s election to Sell to Cover and to enter into this 10b5-1 Plan is irrevocable
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