Common use of Performance Matrices Clause in Contracts

Performance Matrices. For each Nested Period during the Performance Period, from 0% to 200% of the PRSUs will be deemed to be the payout percentage (“Payout Percentage”) for such Nested Period based on achievement of the Management Objectives measured by RTSR performance during the Nested Period, in each case as follows (with the percentage of PRSUs (rounded to the nearest whole PRSU) earned for the entire Performance Period (including in the event of a Change in Control occurring during the Restriction Period) determined by averaging (rounded to two decimal places) the Payout Percentages calculated for the Nested Periods occurring during the Performance Period; provided, however, notwithstanding the percentage determined by averaging the Payout Percentages calculated for the Nested Periods, if RTSR performance for the full three-years of the Performance Period is negative, the percentage of PRSUs earned for the entire Performance Period will be limited to and may not exceed 150% ):

Performance Matrices. For each Nested Period during the Performance Period, from 0% to 200% of the PRSUs will be deemed to be the payout percentage (“Payout Percentage”) for such Nested Period based on achievement of the Management Objectives measured by RTSR performance during the Nested Period, in each case as follows (with the percentage of PRSUs (rounded to the nearest whole PRSU) earned for the entire Performance Period (including in the event of a Change in Control occurring during the Restriction Period) determined by averaging taking the sum (rounded to two decimal places) of (i) the Payout Percentages Percentage calculated for the 1-year Nested Periods occurring during Period multiplied by 25%, (ii) the Performance PeriodPayout Percentage calculated for the 2-year Nested Period multiplied by 25% and (iii) the Payout Percentage calculated for the 3-year Nested Period multiplied by 50%; provided, however, notwithstanding the percentage determined by averaging in accordance with the Payout Percentages calculated for the Nested Periodsforegoing NAI-1511148714v9 calculation, if RTSR performance for the full three3-years of the Performance year Nested Period is negative, the percentage of PRSUs earned for the entire Performance Period will be limited to and may not exceed 150% ):