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PCG » Topics » Payment in Settlement of Performance Awards.

This excerpt taken from the PCG 10-K filed Feb 24, 2009.
Payment in Settlement of Performance Awards.  As soon as practicable following the Committee’s determination and certification in accordance with Sections 10.5(a) and (b) but, in any case, no later than the 15th day of the third month following completion of the Performance Period applicable to a Performance Award, payment shall be made to each eligible Participant (or such Participant’s legal representative or other person who acquired the right to receive such payment by reason of the Participant’s death) of the final value of the Participant’s Performance Award.  Payment of such amount shall be made in cash, shares of Stock, or a combination thereof as determined by the Committee.
 
10.6           
These excerpts taken from the PCG 10-K filed Feb 22, 2008.
Payment in Settlement of Performance Awards.  As soon as practicable following the Committee’s determination and certification in accordance with Sections 10.5(a) and (b), payment shall be made to each eligible Participant (or such Participant’s legal
 

  
 
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representative or other person who acquired the right to receive such payment by reason of the Participant’s death) of the final value of the Participant’s Performance Award.  Payment of such amount shall be made in cash, shares of Stock, or a combination thereof as determined by the Committee.
 
10.6 
Payment in
Settlement of Performance Awards.  As soon as practicable
following the Committee’s determination and certification in accordance with
Sections 10.5(a) and (b), payment shall be made to
each eligible Participant (or such Participant’s legal

 





  


 



23






 




representative
or other person who acquired the right to receive such payment by reason of the
Participant’s death) of the final value of the Participant’s Performance
Award.  Payment of such amount shall be made in cash, shares of Stock,
or a combination thereof as determined by the Committee.

 

10.6 

EXCERPTS ON THIS PAGE:

10-K
Feb 24, 2009
10-K (2 sections)
Feb 22, 2008

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