Award Calculation. Subject to the terms and conditions set forth in the Program and this Agreement, including, without limitation, Sections 3(b) and 6, the final amount of your Award shall be equal to the dollar amount obtained by multiplying your Payout Target (expressed as dollar amount) by the Company’s achievements on the Performance Goals This amount shall then be increased or decreased by application of the Individual Performance Modifier, if any. Any Award that is earned will be paid in a lump-sum cash payment no later than March 15th of the year following the Program Year.
Appears in 2 contracts
Sources: Executive Officer Annual Incentive Award Agreement (Waste Management Inc), Executive Officer Annual Incentive Award Agreement (Waste Management Inc)