PCG » Topics » Terms and Conditions of Nonemployee Director Awards .

This excerpt taken from the PCG 10-K filed Feb 24, 2009.
Terms and Conditions of Nonemployee Director Awards.
 
Nonemployee Director Awards shall be evidenced by Award Agreements in such form as the Board shall from time to time establish.  Such Award Agreements may incorporate all or any of the terms of the Plan by reference, shall be automatic and non-discretionary and shall comply with and be subject to the terms and conditions set forth in this Section 7.
 
For purposes of this Section 7, Nonemployee Director awards for any given calendar year shall be granted on the first business day of March in that calendar year, except that awards made in the year 2009 shall be granted on March 9, 2009 (the “Grant Date”).
 
7.1           
These excerpts taken from the PCG 10-K filed Feb 22, 2008.
Terms and Conditions of Nonemployee Director Awards.
 
Nonemployee Director Awards shall be evidenced by Award Agreements in such form as the Board shall from time to time establish.  Such Award Agreements may incorporate all or any of the terms of the Plan by reference, shall be automatic and non-discretionary and shall comply with and be subject to the terms and conditions set forth in this Section 7.
 
For purposes of this Section 7, Nonemployee Director awards for any given calendar year shall be granted on the first business day of March in that calendar year (the “Grant Date”).
 
7.1 
Terms and Conditions of
Nonemployee Director Awards
.

 

Nonemployee
Director Awards shall be evidenced by Award Agreements in such form as the Board
shall from time to time establish.  Such Award Agreements may
incorporate all or any of the terms of the Plan by reference, shall be automatic
and non-discretionary and shall comply with and be subject to the terms and
conditions set forth in this Section 7.

 

For
purposes of this Section 7, Nonemployee Director awards for any given calendar
year shall be granted on the first business day of March in that calendar year
(the “Grant Date”).

 

7.1 
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