PCG » Topics » Aggregate Limit on Full Value Awards.

This excerpt taken from the PCG 10-K filed Feb 24, 2009.
Aggregate Limit on Full Value Awards.  Subject to adjustment as provided in Section 4.2, in no event shall more than twelve million (12,000,000) shares in the aggregate be issued under the Plan pursuant to the exercise or settlement of Restricted Stock Awards, Restricted Stock Unit Awards and Performance Awards (“Full Value Awards”).  Except with respect to a maximum of five percent (5%) of the shares of Stock authorized in this Section 5.4(b), any Full Value Awards which vest on the basis of the Participant’s continued Service shall not provide for vesting which is any more rapid than annual pro rata vesting over a three (3) year period and any Full Value Awards which vest upon the attainment of Performance Goals shall provide for a Performance Period of at least twelve (12) months.
 
(c)           
These excerpts taken from the PCG 10-K filed Feb 22, 2008.
Aggregate Limit on Full Value Awards.  Subject to adjustment as provided in Section 4.2, in no event shall more than twelve million (12,000,000) shares in the aggregate be issued under the Plan pursuant to the exercise or settlement of Restricted Stock Awards, Restricted Stock Unit Awards and Performance Awards (“Full Value Awards”).  Except with respect to a maximum of five percent (5%) of the shares of Stock authorized in this Section 5.4(b), any Full Value Awards which vest on the basis of the Participant’s continued Service shall not provide for vesting which is any more rapid than annual pro rata vesting over a three (3) year period and any Full Value Awards which vest upon the attainment of Performance Goals shall provide for a Performance Period of at least twelve (12) months.
 
(c) 
Aggregate Limit
on Full Value Awards.
  Subject to adjustment as provided in
Section 4.2,
in no event shall more than twelve million (12,000,000) shares in the aggregate
be issued under the Plan pursuant to the exercise or settlement of Restricted
Stock Awards, Restricted Stock Unit Awards and Performance Awards (“Full Value
Awards”).  Except with respect to a maximum of five percent (5%) of
the shares of Stock authorized in this Section 5.4(b), any Full Value
Awards which vest on the basis of the Participant’s continued Service shall not
provide for vesting which is any more rapid than annual pro rata vesting over a
three (3) year period and any Full Value Awards which vest upon the attainment
of Performance Goals shall provide for a Performance Period of at least twelve
(12) months.

 

(c) 
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