Grant of Performance Stock Units Contract Clauses (82)

Grouped Into 6 Collections of Similar Clauses From Business Contracts

This page contains Grant of Performance Stock Units clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Grant of Performance Stock Units. You are hereby granted performance stock units ("Units"), representing the right to earn, on a one-for-one basis, Shares of Genworth Financial, Inc. (together with its affiliates, the "Company") Class A common stock ("Shares"), all in accordance with the terms of this Award Agreement, the Plan, and any rules and procedures adopted by the Management Development and Compensation Committee of the Genworth Financial, Inc. Board of Directors (the "Committee"). The Units represent the right to earn fr...om 0% to 200% of the Target Award, based on (i) your continued future employment, and (ii) the Company's level of achievement of the Performance Goals during the Performance Period, in accordance with the terms of this Award Agreement. a. Grant Date. The "Grant Date" of your Units is #GrantDate#. b. Target Award. The "Target Award" of Shares subject to this Award is #QuantityGranted#. c. Performance Goals. The "Performance Goals" are as set forth on Exhibit A. d. Performance Period. The "Performance Period" is as set forth on Exhibit A with respect to each Performance Goal. View More Arrow
Grant of Performance Stock Units. You are hereby granted performance stock units ("Units"), representing the right to earn, on a one-for-one basis, Shares of Genworth Financial, Inc. (together with its affiliates, the "Company") Class A common stock ("Shares"), all in accordance with the terms of this Award Agreement, the Plan, and any rules and procedures adopted by the Management Development and Compensation Committee of the Genworth Financial, Inc. Board of Directors (the "Committee"). The Units represent the right to earn fr...om 0% to 200% of the Target Award, based on (i) your continued future employment, and (ii) the Company's level of achievement of the Performance Goals during the Performance Period, in accordance with the terms of this Award Agreement. a. Grant Date. The "Grant Date" Grant Date of your Units is #GrantDate#. [Grant Date]. b. Target Award. The "Target Award" Target Award of Shares subject to this Award is #QuantityGranted#. [Number of Shares Granted]. c. Performance Goals. The "Performance Goals" Performance Goals are as set forth described on Exhibit A. d. Performance Period. The "Performance Period" Performance Period is as set forth on Exhibit A with respect to each Performance Goal. A. View More Arrow
View Variations (2) Arrow
Grant of Performance Stock Units. Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant the number of Performance Stock Units provided in the Grant Notice (with each Performance Stock Unit representing the right to receive one share of Common Stock upon the vesting of such Performance Stock Unit). The Company may make one or more additional grants of Performance Stock Units to the Participant under this Performance Stock Unit Agreement by providing the Participant with... a new Grant Notice, which may also include any terms and conditions differing from this Performance Stock Unit Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Performance Stock Units hereunder and makes no implied promise to grant additional Performance Stock Units. View More Arrow
Grant of Performance Stock Units. Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant the number of performance-based Restricted Stock Units (the "Performance Stock Units") equal to the "Maximum Number of Performance Stock Units Units" provided in the Grant Notice (with each Performance Stock Unit representing the an unfunded, unsecured right to receive one share of Common Stock upon the vesting of such Performance Stock Unit). Stock). The Company may make one or mor...e additional grants of Performance Stock Units to the Participant under this Performance Stock Unit Agreement by providing the Participant with a new Grant Notice, grant notice, which may also include any terms and conditions differing from this Performance Stock Unit Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Performance Stock Units hereunder and makes no implied promise to grant additional Performance Stock Units. View More Arrow
View Variation Arrow
Grant of Performance Stock Units. Subject to the terms and conditions of the Plan, the Guidelines and this Agreement, on the Grant Date the Company awarded to the Participant xxx RSUs (such performance-vesting RSUs shall be referred to as "PSUs"). The PSUs are not eligible for deferral under Section 4 of the Guidelines.
Grant of Performance Stock Units. Subject to the terms terms, conditions and conditions restrictions of the Plan, Plan and the Guidelines and this Agreement, on the Grant Date Guidelines, the Company awarded awards to the Participant xxx RSUs (such performance-vesting RSUs shall be referred to as "PSUs"). The PSUs are not eligible for deferral under Section 4 of the Guidelines.
View Variation Arrow
Grant of Performance Stock Units. The Company hereby grants to you, subject to the terms and conditions in this Agreement and the Plan, an Award of the target number of Performance Stock Units ("Units") specified on the cover page of this Agreement, each representing the right to receive one Share of the Company's Stock. The number of Units that will actually be earned and become eligible to vest pursuant to this Award can be more or less than the Target Units, and will be determined based on the extent to which the Company has ...satisfied the performance goals set forth in Exhibit A to this Agreement. The Units granted to you will be credited to an account in your name maintained by the Company. This account shall be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured obligation of the Company. View More Arrow
Grant of Performance Stock Units. The Company hereby grants confirms the grant to you, as of the Grant Date and subject to the terms and conditions in of this Agreement and the Plan, of an Award of the target number award of Performance Stock Units ("Units") (the "Units") in an amount initially equal to the Target Number of Performance Stock Units specified on the cover page of this Agreement, each representing the right to receive one Share of the Company's Stock. Agreement. The number of Units that will may actually be earned ...achieved and become eligible to vest pursuant to this Award can be more or less than between 0% and 200% of the Target Units, and will be determined based Number of Units but may not exceed the Maximum Number of Performance Stock Units specified on the extent to which the Company has satisfied cover page of this Agreement. Each Unit that is achieved as a result of the performance goals set forth having been satisfied and which thereafter vests represents the right to receive one Share of the Company's common stock. Prior to their settlement or forfeiture in Exhibit A to accordance with the terms of this Agreement. The Agreement, the Units granted to you will be credited to an a performance stock unit account in your name maintained by the Company. This account shall will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company. View More Arrow
View Variation Arrow
Grant of Performance Stock Units. The Company hereby grants to the Participant ___________ performance stock units (the "PSUs" or "Award") as of ______________ (the "Grant Date"), subject to all of the terms and conditions of this Agreement and the Plan. The "Performance Period" for this Award shall be the period beginning on ______________ and ending on ___________________. Such PSUs shall be credited to a separate account maintained for the Participant on the books of the Company or the Company's designated representative (the... "Account"). On any given date, the value of each PSU comprising the Award shall equal the Fair Market Value of one Share. The Award shall vest in accordance with Section 2 hereof and settle in accordance with Section 3 hereof. View More Arrow
Grant of Performance Stock Units. The Pursuant to the terms of the Company's 2007 Stock Incentive Plan, as amended and restated (the "Plan"), the Company hereby grants to the Participant ___________ performance stock units (the "PSUs" or "Award") Grantee, as of ______________ ________________ (the "Grant Date"), "Date of Grant"), an award of performance-vesting Restricted Stock Units covering ___________ shares of the Company's common stock, par value $.01 per share (the "Common Stock"), subject to all of the terms and further c...onditions of this Agreement and the Plan. The "Performance Period" for this Award shall be the period beginning on ______________ and ending on ___________________. Such PSUs shall be credited to a separate account maintained for the Participant on the books of the Company or the Company's designated representative contained herein (the "Account"). On any given date, the value of each PSU comprising the Award shall equal the Fair Market Value of one Share. The Award shall vest in accordance with Section 2 hereof and settle in accordance with Section 3 hereof. "PSUs"). View More Arrow
View Variation Arrow
Grant of Performance Stock Units. Subject to the terms and conditions set forth in this Grant and the Plan, the Company hereby grants to the Participant _________ performance stock units (the "Performance Units"). The Performance Units are contingently awarded and will be earned and distributable if and only to the extent that the performance goal and other conditions set forth in this Grant are met. Each Performance Unit shall be a phantom right and shall be equivalent to one share of Company Stock on the applicable payment dat...e, as described in Paragraph 5 below. The number of Performance Units set forth above is equal to the target number of shares of Company Stock that the Participant will earn for 100% achievement of the performance goal described in Paragraph 3 below (the "Target Award"). View More Arrow
Grant of Performance Stock Units. Subject to the terms and conditions set forth in this Grant and the Plan, the Company hereby grants to the Participant _________ 2,021 performance stock units (the "Performance Units"). The Performance Units are contingently awarded and will be earned and distributable if and only to the extent that the performance goal Performance Goal and other conditions set forth in this Grant are met. Each Performance Unit shall be a phantom right and shall be equivalent to one share of Company Stock on the... applicable payment date, as described in Paragraph 5 below. The number of Performance Units set forth above is equal to the target number of shares of Company Stock that the Participant will earn for 100% achievement of the performance goal Performance Goal described in Paragraph 3 below (the "Target Award"). Award").2. Performance Unit Account. The Company shall establish and maintain a Performance Unit account as a bookkeeping account on its records (the "Performance Unit Account") for the Participant and shall record in such Performance Unit Account the number of Performance Units granted to the Participant. The Participant shall not have any interest in any fund or specific assets of the Company by reason of this grant or the Performance Unit Account established for the Participant. View More Arrow
View Variation Arrow