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GWW » Topics » 9.3 Earning of Performance Shares/Performance Units

This excerpt taken from the GWW 10-Q filed Aug 2, 2006.
9.3 Earning of Performance Shares/Performance Units. Subject to the terms of this Plan, after the applicable Performance Period has ended, the holder of Performance Shares/Performance Units shall be entitled to receive payout on the value and number of Performance Shares/Performance Units earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance goals have been achieved.

 

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