Number of Performance Shares Earned Clause Samples

Number of Performance Shares Earned. The number of Performance Shares earned under Component I is determined as follows: (a) Step 1: multiply the percentage weighting for each performance metric by the payout percentage attained based on such performance metric to arrive at the percentage of Target Performance Shares earned based on such performance metric; (b) Step 2: add the sum of the percentages of Target Performance Shares earned based on each performance metric; (c) Step 3: multiply the sum of the percentages of Target Performance Shares earned based on each performance metric by the total number of Target Performance Shares and (d) Step 4: increase or reduce the award calculated in Step 3 by the percentage that the Compensation Committee determines in its discretion. As an example, assume the percentage attained based on each performance metric is as shown below: Percentage Weighting x Payout Percentage Attained Percentage Target Shares Earned ROIC __% x ___% = __% Corporate Revenue Growth __% x ___% = __% Adjusted Earnings per Share Growth __% x ___% = __% __% + __% + __% = __%.
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Number of Performance Shares Earned. The number of Performance Shares earned for any Fiscal Year depends on the Corporate Performance Factor for the Fiscal Year (which is based on EPS as described below) and your Individual Performance Factor for the Fiscal Year. Specifically, the number of Performance Shares earned for a particular Fiscal Year is determined as follows: where:
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Number of Performance Shares Earned. The number of Performance Shares earned based on Relative TSR performance is determined as follows: (a) Step 1: multiply ___% (i.e., the percentage weighting for Relative TSR) by the payout percentage attained based on Relative TSR to arrive at the percentage of Target Performance Shares earned based on Relative TSR; (b) Step 2: multiply the percentage of Target Performance Shares earned based on Relative TSR by the total number of Target Performance Shares; and (c) Step 3: increase or reduce the award calculated in Step 3 by the percentage that the Compensation Committee determines in its discretion. As an example, assume the Relative TSR payout percentage below is attained: Percentage Weighting x Payout Percentage Attained Percentage Target Shares Earned Relative TSR ___% x ___% = ___% Therefore, the number of Performance Shares earned based on Relative TSR is ___% of the number of Target Performance Shares.
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Number of Performance Shares Earned. The number of Performance Shares earned under Component I is determined as follows: (a) Step 1: multiply the percentage weighting for each performance metric by the payout percentage attained based on such performance metric to arrive at the percentage of Target Performance Shares earned based on such performance metric; (b) Step 2: add the sum of the percentages of Target Performance Shares earned based on each performance metric; (c) Step 3: multiply the sum of the percentages of Target Performance Shares earned based on each performance metric by the total number of Target Performance Shares and (d) Step 4: increase or reduce the award calculated in Step 3 by the percentage that the Compensation Committee determines in its discretion. However, in no case will the number of Performance Shares earned under Component I be less than 30% of the total awarded Target Performance Shares. As an example, assume the percentage attained based on each performance metric is as shown below: Percentage Weighting x Payout Percentage Attained Percentage Target Shares Earned ROIC 25% x 120% = 30% Corporate Revenue Growth 25% x 120% = 30% Adjusted Earnings per Share Growth 25% x 100% = 25% 30% + 30% + 25% = 85%. If the sum of the percentages of Target Performance Shares earned under Component I is less than 30%, then the final number of Performance Shares earned under Component I will be 30% of the Target Performance Shares (and in no event shall the total awarded Target Performance Shares for the sum of Component I and Component II (defined below) be less than 40%).
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Number of Performance Shares Earned. After completion of the Performance Period, the number of Performance Shares earned under this Agreement will be based 50% on Absolute TSR and 50% on Relative TSR. For purposes of this Award, TSR shall be expressed as a compound annual growth rate and calculated as follows:
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Number of Performance Shares Earned. The number of Performance Shares earned (if any) depends on the Corporate Performance Factor for FY20__ (which is based on EPS as described below) and your Individual Performance Factor for FY20__. Specifically, the number of Performance Shares earned for FY20__ is determined as follows: where:
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Number of Performance Shares Earned. The number of Performance Shares earned based on Relative TSR performance is determined as follows: (a) Step 1: multiply 25% (i.e., the percentage weighting for Relative TSR) by the payout percentage attained based on Relative TSR to arrive at the percentage of Target Performance Shares earned based on Relative TSR; (b) Step 2: multiply the percentage of Target Performance Shares earned based on Relative TSR by the total number of Target Performance Shares; and (c) Step 3: increase or reduce the award calculated in Step 3 by the percentage that the Compensation Committee determines in its discretion. However, in no case will the number of Performance Shares earned under Component II be less than 10% of the total awarded Target Performance Shares. As an example, assume the Relative TSR payout percentage below is attained: Percentage Weighting x Payout Percentage Attained Percentage Target Shares Earned Relative TSR 25% x 120% = 30% Therefore, the number of Performance Shares earned based on Relative TSR is 30% of the number of Target Performance Shares. If the percentage of Target Performance Shares earned based on Relative TSR is less than 10%, then the final number of Performance Shares earned under Component II will be 10% of the Target Performance Shares (and in no event shall the total awarded Target Performance Shares for the sum of Component I and Component II be less than 40%).
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Number of Performance Shares Earned. After completion of the Performance Period, the number of Performance Shares earned under this Agreement will be paid in Shares and vest in accordance with the following schedule: « » - « »/share 0 % — — — — « » - « »/share 50 % « » « » « » « » « » - « »/share 100 % « » « » « » « » « » - « »/share 150 % « » « » « » « » « » or more/share 200 % « » « » « » « »
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Number of Performance Shares Earned. After completion of the Performance Period, the number of Performance Shares earned under this Agreement based on cash flow measures greater than or equal to $2.60/share through $6.50/share will be determined according to the following formula: Earned Performance Shares will be paid in Shares and vest in thirds on 3/1/08; 2/28/09 and 2/27/10, respectively.
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Related to Number of Performance Shares Earned

  • Grant of Performance Share Units The Company hereby grants to the Participant the Target Number of PSUs Granted, effective as of the Date of Award and subject to the terms and conditions of the Plan and this Award Agreement. Each PSU represents the unsecured right to receive a number of Shares, if any, in accordance with the terms and conditions of this Award Agreement. The Participant shall not be required to pay any additional consideration for the issuance of the Shares, if any, upon settlement of the PSUs.

  • Grant of Performance Shares Pursuant to the provisions of (i) the Plan, (ii) the individual Award Agreement governing the grant, and (iii) these Terms and Conditions, the Employee may be entitled to receive Performance Shares. Each Performance Share that becomes payable shall entitle the Employee to receive from the Company one share of the Company's common stock (“Common Stock”) upon the expiration of the Incentive Period, as defined in Section 2, except as provided in Section 13. The actual number of Performance Shares an Employee will receive will be calculated in the manner described in these Terms and Conditions, including Exhibit A, and may be different than the Target Number of Performance Shares set forth in the Award Agreement.

  • Grant of Performance Units Capital One hereby grants to you an award of Units with a Target Award, as indicated on the Grant Notice. The maximum payout for this award is 150% of the Target Award plus accrued dividends pursuant to Section 6. The Units shall vest and the underlying shares of common stock of Capital One, $.01 par value per share (such underlying shares, the “Shares”), shall be issuable only in accordance with the provisions of this Agreement and the Plan.

  • Grant of Performance Stock Units Subject to the terms of this Agreement, and the Incentive Plan, effective as of the Grant Date the Participant is hereby granted [Number] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents (“Dividend Equivalents”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents thereon as described in Section 4) shall be settled in accordance with Section 5.

  • Covenants of Performance Measurement No interference. Registry Operator shall not interfere with measurement Probes, including any form of preferential treatment of the requests for the monitored services. Registry Operator shall respond to the measurement tests described in this Specification as it would to any other request from an Internet user (for DNS and RDDS) or registrar (for EPP). ICANN testing registrar. Registry Operator agrees that ICANN will have a testing registrar used for purposes of measuring the SLRs described above. Registry Operator agrees to not provide any differentiated treatment for the testing registrar other than no billing of the transactions. ICANN shall not use the registrar for registering domain names (or other registry objects) for itself or others, except for the purposes of verifying contractual compliance with the conditions described in this Agreement. PUBLIC INTEREST COMMITMENTS Registry Operator will use only ICANN accredited registrars that are party to the Registrar Accreditation Agreement approved by the ICANN Board of Directors on 27 June 2013 in registering domain names. A list of such registrars shall be maintained by ICANN on ICANN’s website. (Intentionally omitted. Registry Operator has not included commitments, statements of intent or business plans provided for in its application to ICANN for the TLD.) Registry Operator agrees to perform the following specific public interest commitments, which commitments shall be enforceable by ICANN and through the Public Interest Commitment Dispute Resolution Process established by ICANN (posted at ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/en/resources/registries/picdrp), which may be revised in immaterial respects by ICANN from time to time (the “PICDRP”). Registry Operator shall comply with the PICDRP. Registry Operator agrees to implement and adhere to any remedies ICANN imposes (which may include any reasonable remedy, including for the avoidance of doubt, the termination of the Registry Agreement pursuant to Section 4.3(e) of the Agreement) following a determination by any PICDRP panel and to be bound by any such determination. Registry Operator will include a provision in its Registry-Registrar Agreement that requires Registrars to include in their Registration Agreements a provision prohibiting Registered Name Holders from distributing malware, abusively operating botnets, phishing, piracy, trademark or copyright infringement, fraudulent or deceptive practices, counterfeiting or otherwise engaging in activity contrary to applicable law, and providing (consistent with applicable law and any related procedures) consequences for such activities including suspension of the domain name. Registry Operator will periodically conduct a technical analysis to assess whether domains in the TLD are being used to perpetrate security threats, such as pharming, phishing, malware, and botnets. Registry Operator will maintain statistical reports on the number of security threats identified and the actions taken as a result of the periodic security checks. Registry Operator will maintain these reports for the term of the Agreement unless a shorter period is required by law or approved by ICANN, and will provide them to ICANN upon request. Registry Operator will operate the TLD in a transparent manner consistent with general principles of openness and non-discrimination by establishing, publishing and adhering to clear registration policies.