Common use of Settlement of Performance Units Clause in Contracts

Settlement of Performance Units. As soon as practicable after the end of each Measurement Period, but in all events no later than March 15 of the year following the end of such Measurement Period, the Committee shall determine and certify the extent to which the performance objectives described herein have been achieved and the number of Performance Units that have become Vested for such Measurement Period (which may only be greater than 40% of the Target Performance Units pursuant to Section 3). As soon as practicable after the Committee’s certification in accordance with the preceding sentence, but in all events no later than March 15 of the year following the end of each Measurement Period, the Company shall issue Common Shares to the Participant in a number equal to the number of Performance Units that the Committee certified have become Vested; provided, however, that only whole Common Shares shall be issued and a cash payment shall be issued in settlement of any fractional Common Share that the Participant otherwise is entitled to receive.

Settlement of Performance Units. As soon as practicable after the end of each the Measurement Period, but in all events no not later than March 15 of the year following the end of such the Measurement Period, the Committee shall determine and certify the extent to which the performance objectives described herein have been achieved and the number of Performance Units that have become Vested for such Measurement Period (which may only be greater than 40100% of the Aggregate Target Amount of Performance Units pursuant to Section 3but in no event shall be greater than 200% of the Aggregate Target Amount of Performance Units). As soon as practicable after the Committee’s certification in accordance with the preceding sentence, but in all events no later than March 15 of the year following the end of each Measurement Period, the Company shall issue Common Shares to the Participant in a number equal to the number of Performance Units that the Committee certified have become VestedVested for such Measurement Period; provided, however, that only whole Common Shares shall be issued and a cash payment shall be issued in settlement of any fractional Common Share that the Participant is otherwise is entitled to receive.

Settlement of Performance Units. As soon as practicable after the end of each the Measurement Period, but in all events no later than March 15 of the year following the end of such the Measurement Period, the Committee shall determine and certify the extent to which the performance objectives described herein have been achieved and the number of Performance Units that have become Vested for such Measurement Period (which may only be greater than 40100% of the Target Performance Units pursuant to Section 3Units). As soon as practicable after the Committee’s certification in accordance with the preceding sentence, but in all events no later than March 15 of the year following the end of each the Measurement Period, the Company shall issue Common Shares to the Participant in a number equal to the number of Performance Units that the Committee certified have become Vested; provided, however, that only whole Common Shares shall be issued and a cash payment shall be issued in settlement of any fractional Common Share that the Participant is otherwise is entitled to receive.