Payout Percentage definition

Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.
Payout Percentage means, with respect to each Performance Criteria, the percentage of the Participant’s Target Performance Award that is payable with respect to such Performance Criteria based on the degree of satisfaction of the Performance Target for such Performance Criteria.

Examples of Payout Percentage in a sentence

  • The maximum total amount of the MDF payment paid by Microsoft to Learning Partner under this Agreement will not exceed the applicable Maximum MDF Allocation listed in Section 6.3 (MDF Payout Percentage).

  • Performance Target Categories Threshold Target Stretch Payout Percentage The percent of lump-sum payment that corresponds to the performance targets.

  • For each Eligible Covered Person to whom a Practitioner rendered a particular Measured Service, Health Plan will pay the Payout Percentage of the applicable Maximum Per Eligible Covered Bonus as set forth in Schedule A.

  • Measurement Years: 1999, 2000 and 2001 Performance Targets Points Improvement Payout Percentage Threshold 2 1.5% Target 3 2.0% Stretch 4 2.5% 1996 Special Adjustment: For 1996 only, Xxxxxx Permanente will pay the threshold performance payout of 1.5% following ratification of a new Collective Bargaining Agreement provided such agreement is ratified on or before June 21, 1996.

  • Notwithstanding anything in this Agreement to the contrary, if a Participant ceases Employment by reason of the Participant’s death or Disability before the Vesting Date, the Participant’s Award shall immediately vest on the date of the Participant’s death or Disability, the RSU Payout Percentage for the Participant’s Award shall be 100% and the Participant’s Award shall no longer be subject to the vesting conditions set forth in Section 1(b) or Section 1(c).


More Definitions of Payout Percentage

Payout Percentage means the percentage of the Available Balance that may be paid out in cash to the Participant. The Payout Percentage will equal 33%.
Payout Percentage means the average of the TSR Performance Rank Payout Percentage and the TSR Performance Percentile Payout Percentage (from 0% to 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the Performance Period Payout for the Performance Period.
Payout Percentage means, with respect to each Performance Period for which the Performance Target is satisfied:
Payout Percentage means the “Percentage of Target Award Earned” specified in the table above, or a percentage determined using linear interpolation if actual performance falls between two levels in the table above (and rounded to the nearest whole percentage point and, if equally between two percentage points, rounded up). In no event may the Payout Percentage exceed 200%. In the event that actual performance does not meet the threshold level specified in the table above, the Payout Percentage shall be zero.
Payout Percentage shall be the number expressed in the Performance Measure Factor Grid. The threshold Payout Percentage is 50% and the maximum Payout Percentage is 150%.
Payout Percentage shall be determined as follows, subject to the exception below: · Threshold Performance: If the Company’s Percentile equals 25%, the Payout Percentage shall be 50% of the Target PRSUs. The Payout Percentage shall equal zero if the Company Percentile is less than 25%. · Target Performance: If the Company’s Percentile equals 50%, the Payout Percentage shall be 100% of the Target PRSUs. · Maximum Performance: If the Company’s Percentile equals or exceeds 75%, the Payout Percentage shall be 150% of the Target PRSUs. Straight-line interpolation shall be used to determine the Payout Percentage for any Company Percentile between 25% and 75%, based upon the Payout Percentages set forth above. The following exception exists with respect to the Payout Percentage determination set forth above: If the Company’s absolute TSR (irrespective of its Rank or Percentile) is less than 0%, then the Payout Percentage shall not exceed 100% of the Target PRSUs (subject to adjustment as set forth in Section 2 of the Agreement, if applicable). In addition to the Company, the “TSR Index” shall be comprised of the companies in the S&P 500 Index as in effect on the first day of the Performance Period (subject to adjustment as set forth in the definition of Rank above). The Compensation Committee of the Board of Directors shall be permitted to adjust or modify the calculations set forth above as it deems appropriate, including pursuant to any adjustments under Sections 4(b) and 12(c) of the Plan.
Payout Percentage means, with respect to each NLTIP Performance Period for which the NLTIP Performance Target is satisfied: