Common use of Award Payout Clause in Contracts

Award Payout. (a) The amount of the Award payout, if any, shall be determined by the Administrator following the end of the Performance Period in accordance with the terms of this Agreement and the Plan including, without limitation, all applicable adjustments to the calculation of the Performance Measures.

Appears in 9 contracts

Samples: Ltip Award Agreement (Truist Financial Corp), Ltip Award Agreement (Truist Financial Corp), Ltip Award Agreement (Truist Financial Corp)

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Award Payout. (a) The amount of the Award payout, if any, shall be determined by the Administrator following the end of the Performance Period in accordance with the terms of this Agreement and the Plan including, without limitation, all applicable adjustments to the calculation of the Performance MeasuresGoals.

Appears in 4 contracts

Samples: Ltip Award Agreement (Bb&t Corp), Performance Unit Award Agreement (Bb&t Corp), Performance Unit Award Agreement (Bb&t Corp)

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Award Payout. (a) The amount of the Award payout, if any, shall be determined by the Administrator following the end of the Performance Period in accordance with the terms of this Agreement and the Plan including, without limitation, all applicable adjustments to the calculation of the Performance MeasuresGoals. If the Participant is a Covered Employee, the Administrator shall make its determination, and certify in writing the achievement of the Performance Goals, in compliance with Section 162(m).

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp)

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