Payout Calculation definition
Examples of Payout Calculation in a sentence
Payout Calculation: EBITDA performance ([***]) is halfway between threshold and target performance ([***] and [***]), so we can interpolate an EBITDA-based payout schedule by finding the halfway point at each defined level of Net Adds.
Payout Calculation: Net additions of [***] dictate a payout of 12.5% for threshold EBITDA performance and 20% for target EBITDA performance.
Although Grantee will be eligible for consideration for a full award (Standard Payout Calculation) at the scheduled time, it is anticipated that the Committee will take into account the timing and circumstances of the Disability when deciding whether and the extent to which to exercise its negative discretion.
Although Grantee will be eligible for consideration for a full award (Standard Payout Calculation) at the scheduled time, it is anticipated that the Committee will take into account the timing and circumstances of the disability when deciding whether and the extent to which to exercise its negative discretion.
Payout Calculation: ((50% - 20%) / 20%) + 100% = 250% Target Awarded: 250% is above the 150% Maximum Target so Maximum Payout of 150% or 135,000 shares is achieved Payout Calculation: ((-25% + 30%) / 30%) +100% = 117% Target Awarded: 117% is above the Minimum and below the Maximum Targets so an interpolated Payout of 117% of the Target Shares or 105,300 shares is achieved.
Once the Annual Peer Group and accompanying Annual Potential Payout Calculation Schedules for a given year are established and final, the Committee will not change the Schedules with respect to that year other than to reflect Peer name changes or the elimination from the Peer Group of any members that have been eliminated since the beginning of the year due, for example, to consolidations, mergers or other material corporate reorganizations.
The Committee also establishes the applicable Annual Potential Payout Calculation Schedules (as defined in Section 14.3) with respect to this Grant for the full years, and/or portion of a year where a limited-year calculation applies, in the Performance Period.
The Compensation Committee also establishes the applicable Annual Potential Payout Calculation Schedule (as defined in Section 14.3 and sometimes referred to herein as the “Schedule”) for the 2012 Performance Units.
Sample Payout Calculation Including an exhibit to the JDA which sets forth a.
The Compensation Committee also establishes the applicable Annual Corporate Performance Potential Payout Calculation Schedule (as defined in Section 15.3 and sometimes referred to herein as the “Schedule”) for the 2012 Incentive Performance Units.