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Common use of Payout Formula Clause in Contracts

Payout Formula. Except as otherwise expressly provided in Section 3(c) of the Award Agreement, the Earned Amount of each Performance Goal shall be equal to the sum of:

Appears in 8 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (XPO, Inc.), Performance Based Restricted Stock Unit Award Agreement (XPO, Inc.), Performance Based Restricted Stock Unit Award Agreement (XPO, Inc.)

Related Clauses

  • Performance Measure
  • Performance Goal
  • Performance Metrics
  • Performance Measurement
  • PERFORMANCE OBJECTIVES

Parent Clauses

  • Performance Conditions
  • Securities Trade Monitoring Policy
  • Vesting of the PSUs
  • Lock-Up
  • Replacement of Cash LTI Award

Sub-Clauses

  • Company’s Relative Total Shareholder Return vs
  • LTL Adjusted Operating Ratio Improvement
  • LTL Adjusted EBITDA Growth
  • ESG Metrics Scorecard
  • Normal Retirement Date
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