Above Maximum. If the Company’s actual performance for the Performance Period is at or above maximum for a Performance Requirement, the number of Earned Shares is equal to the product of: (i) the Number of Shares subject to the Award; and (ii) the Payout Percentage set forth in the Participant’s Award Certificate at maximum, rounded down to a whole number.
Appears in 2 contracts
Sources: 2013 Performance Program Master Agreement (Financial Institutions Inc), 2013 Performance Program Master Agreement (Financial Institutions Inc)