Earned Percentage Sample Clauses

The Earned Percentage clause defines how much of the contract price a party is entitled to receive based on the proportion of work completed at a given point in time. Typically, this clause sets out a method for calculating payments by measuring the percentage of the project or deliverables that have been finished, often verified through progress reports or inspections. Its core practical function is to ensure that payments are fairly aligned with actual progress, reducing the risk of overpayment or underpayment and providing clear benchmarks for both parties during the course of the contract.
Earned Percentage. Except as otherwise provided in Section 6 below, the Employee shall be entitled to a benefit payment under this Agreement equal to the specified percentage (the “Earned Percentage”) of the Benefit Amount. The Earned Percentage of an amount equal to one-half of the Units covered by this Agreement (the “ROIC Units”) shall be determined in accordance with the provisions of subsection (a) of this Section 4, and the Earned Percentage of an amount equal to the other one-half of the Units covered by this Agreement (the “RTSR Units”) shall be determined in accordance with the provisions of subsection (b) of this Section 4.
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Earned Percentage. Except as provided in Section 5 or Section 7 hereof, the Relative TSR PSUs shall be earned based on the Company’s Relative TSR Earned Percentage, as determined from the table below (with the Relative TSR Earned Percentage between the levels set forth in the table determined by linear interpolation, to the nearest one-tenth of one percent). Less than 35th Percentile 0% 35th Percentile 50% 55th Percentile 100% 75th Percentile and above 150%
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Earned Percentage. Except as provided in Section 5 or Section 7 hereof, the MW PSUs shall be earned based on the Company’s MW Earned Percentage, as determined from the table below (with the MW Earned Percentage between the levels set forth in the table determined by linear interpolation, to the nearest one-tenth of one percent).
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Earned Percentage. Except as provided in Section 3(e) hereof, the Restricted Stock Units shall be earned based on the Company’s Relative TSR Earned Percentage and Milestone Metrics Earned Percentage, weighted equally (collectively, the “Earned Percentage”), each as determined from the relevant tables below (with any Relative TSR Earned Percentage between the levels set forth in the Relative TSR schedule determined by linear interpolation). If the Company’s Relative TSR relative to the TSR of the companies in the S&P 500 Index for the twenty (20) trading days occurring immediately prior to the first day of the Performance Period through the twenty (20) trading days immediately prior to and including the last day of the relevant period of measurement is at or above the 75th percentile, then the Relative TSR Earned Percentage shall be guaranteed to be achieved at threshold level performance, despite the Company having achieved a below threshold level of performance relative to the Peer Group. AMERICAS 102971285
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Earned Percentage. Except as provided in Section 3(e) hereof, the Restricted Stock Units shall be earned based on achievement of the Milestone Metrics Earned Percentage, as determined from the relevant table below. For the avoidance of doubt, if the same Milestone Metric satisfies more than one level of performance as set forth in the table below during the Performance Period, the Milestone Metrics Earned Percentage for such Milestone Metric shall be determined using the greatest level of achievement.
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Earned Percentage. “Earned Percentage” has the meaning ascribed to such term in Appendix A attached hereto.
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Earned Percentage. The Earned Percentage shall be determined in accordance with the following schedule based on the TSR Percentile Ranking, with any Earned Percentage for any TSR Percentile Ranking between the levels set forth in such schedule determined by linear interpolation: 90th percentile 200% 80th percentile 175% 70th percentile 150% 60th percentile 125% 50th percentile 100% 40th percentile 75% 30th percentile 50% Less than 30th percentile 0%
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Earned Percentage. The “Earned Percentage” as of a particular Vesting Date shall be determined by the Compensation Committee in accordance with the provisions of the Venoco, Inc. Executive Long-Term Incentive Program, as amended from time to time.
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Related to Earned Percentage

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Applicable Percentage Except as provided otherwise in the next sentence, the term "Applicable Percentage" shall mean: (i) 0% during the one-year period commencing on the Closing Date (ii) 20% during the one-year period commencing on the first anniversary of the Closing Date; (iii) 40% during the one-year period commencing on the second anniversary of the Closing Date; (iv) 60% during the one-year period commencing on the third anniversary of the Closing Date; (v) 80% during the one-year period commencing on the fourth anniversary of the Closing Date; and (vi) 100% on and after the fifth anniversary of the Closing Date. Notwithstanding the foregoing, (A) immediately prior to and after the occurrence of a Sale of the Company, such Applicable Percentage shall mean 100%, and (B) in the case of a termination of employment described in Section 7.2(a)(iii)(B), such Applicable Percentage in clauses (i), (ii) and (iii) shall be 0%, and in clauses (iv) and (v) and (vi) shall be 40%, 75% and 100%, respectively.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.