Black & Decker 2014 Annual Report Download - page 129

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Performance Goals. Goals established by the Compensation and Organization
Committee of the Board of Directors or, pursuant to an appropriate delegation of
authority, the Chief Executive Officer, for performance of the Company as a
whole and/or specific businesses or functions during the Measurement Period.
The Performance Goals applicable to a Participant for a particular Measurement
Period, if not enclosed with the Award Letter, will be communicated to the
Participant by a member of the Company’s Human Resources Department.
Settlement Date. The date payments are made to Participants based on the
Performance Goals achieved for the Measurement Period. The payments will
typically occur by March 15 of the year following the Measurement Period.
Shares. Shares of Unrestricted Stock to be issued if Performance Goals are
achieved, as specified in the Award Documents.
Unrestricted Stock. Common Stock of the Company that may be sold at any
time.