Award Value. As soon as administratively practicable after the end of the Award Period, the Committee shall certify the level attained for each Performance Objective. At such time, the Participant shall be awarded an Actual Value, if any, equal to the product of: (x) the number of Target Performance Units, multiplied by (y) the Performance Percentage (determined pursuant to Section 4), multiplied by (z) the Unit Value. The Award Value shall be subject to adjustments pursuant to the Plan and this Agreement.
Appears in 2 contracts
Sources: Long Term Incentive Plan Agreement (OneBeacon Insurance Group, Ltd.), Long Term Incentive Plan Agreement (OneBeacon Insurance Group, Ltd.)