Average Performance definition

Average Performance means a decimal number calculated by applying the following formula:

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Average Performance means a decimal figure calculated by applying the following formula:

Average Performance means a digital figure calculated by applying the following formula:

Examples of Average Performance in a sentence

The Company’s “Average Performance,” for purposes of determining any Base Grant adjustments pursuant to Subsection 5(b) above will be the average of the Average Performance Metrics.
For example, if the Performance Metric was in the top quartile for two Performance Periods and in the lowest quartile in the other Performance Period, the average of these quartiles would be 3 (the average of 4, 4, and 1) and the Average Performance Metric would be the 75th percentile (3 /4).
If only quartile, rather than percentile, rankings are available for a particular Performance Metric, the Average Performance Metric for any such Performance Metric shall be expressed as a percentile.
For example, if the Company’s Average Performance during the Performance Period places the Company’s performance in the 60th percentile, then the number of Performance Shares would be increased to .60 (0.5 X 60/50) multiplied by the Base Grant.
As soon as practicable in the fiscal year immediately following the end of the Performance Period, the Company will determine (i) the Company’s Total Shareholder Return (as defined herein) as compared to the Total Shareholder Return of the companies in the S&P 1500 Super Composite Electric Utility Index (the “Growth Index”) over the Performance Period and (ii) the Company’s Average Performance with respect to the Performance Metrics (as defined herein).
For example, a 50% Weighted Average Performance Achievement Percentage will result in delivery of 50% of the Target Shares.
Straight-line interpolation shall be used to determine the “Percentage of Target Shares” under the table set forth in Paragraph 2(a) above if the Weighted Average Performance Achievement Percentage is between Threshold and Target and between Target and Maximum.
If Employee’s employment hereunder is terminated for the reason set forth in Section 11(d) or Section 11(e), then (i) Employee will receive his Base Salary, his Average Performance Bonus (as defined below) and benefits set forth in Section 4(b) hereof (collectively, with the payment of the Base Salary and Average Performance Bonus, the “Severance Benefits”), over a period of twelve (12) months from the date of termination (the “Severance Period”).
The Average Performance Bonus shall mean the average of the Performance Bonuses the Employee has received during the last three complete calendar years for which Employee was an employee of the Company.
For the avoidance of doubt, (i) in no event will the calculation of a positive Organic Revenue Growth Performance Goal Achievement Percentage for any Annual Measurement Period be construed to guarantee that any Common Shares will be distributed to you on the Settlement Date (as defined below) and (ii) the achievement percentages for each Annual Measurement Period are determined solely for purposes of determining the Average Performance Goal Achievement Percentage for the Performance Period.

More Definitions of Average Performance

Average Performance means a decimal number calculated by applying the following formula: AP = SPWORST + X× Y

Average Performance means, with respect to a Valuation Date, the average mean of the Performances with respect to all Valuation Dates up to and including the relevant Valuation Date.

Average Performance means : [SF / S(0)] – 1 SF (1/31) × [Sum (j from 1 to 31) S(j)] S(j) (j from 1 to 31) means the Closing Price of the Underlying on the relevant Valuation Date(j) S(0) means the Closing Price of the Underlying on the Valuation Date(0)

Related to Average Performance

Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.
Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula:
Basket Performance means a decimal number calculated by applying the following formula:
Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;
human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;