Common use of Standard Performance Terms Clause in Contracts

Standard Performance Terms. (a) The Performance Period for your Performance Shares will begin on [DATE], [YEAR] and end on the December 31 immediately preceding the third anniversary of the beginning of the Performance Period. (b) Except in so far as Sections 2 (Change of Status) or 3 (Change of Control) apply to your Performance Shares, after the conclusion of the Performance Period, the Committee shall certify in writing the number of Performance Shares payable in accordance with Section 1(c) (your "Final Performance Shares"), and your Final Performance Shares will be due and payable in Shares. (c) The Committee will determine your Final Performance Shares by multiplying your Performance Shares by the "Performance Factor." The Performance Factor means a percentage (from zero to 200%) which is the sum of two other percentages (each from zero to 100%), described in (1) and (2) below.

Standard Performance Terms. (a) The Performance Period for your Performance Shares will begin on [DATEdate], [YEARyear] and end on the December 31 immediately preceding the third anniversary of the beginning of the Performance Period. (b) Except in so far as Sections 2 (Change of Status) or 3 (Change of Control) apply to your Performance Shares, after the conclusion of the Performance Period, the Committee shall certify in writing the number of Performance Shares payable in accordance with Section 1(c) (your "Final Performance Shares"), and your Final Performance Shares will be due and payable in Shares. (c) The Committee will determine your Final Performance Shares by multiplying your Performance Shares by the "Performance Factor." The Performance Factor means a percentage (from zero to 200%) which is the sum of two other percentages (each from zero to 100%), described in (1) and (2) below.