Basic Formula Sample Clauses

Basic Formula. An Employer Matching Contribution on behalf of each Nonhighly Compensated Participant and, unless otherwise elected in the Adoption Agreement, to the Highly Compensated Participants in an amount equal to the sum of: (i) 100% of the Elective Deferrals of the Participant not to exceed 1% of the Participant’s Compensation, plus (ii) 50% of the Elective Deferrals of the Participant to the extent that such Elective Deferrals exceed 1% of the Participant’s Compensation but do not exceed 6% of the Participant’s Compensation.
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Basic Formula. Subject to the remaining provisions of this Section 3, the number of Restricted Stock Units that will become vested shall be determined by the Committee as a percentage of Restricted Stock Units that Vest at Target, according to the following table: [INSERT TABLE] Except as provided in paragraphs 3(c) and 3(d), the Participant will not vest in any of the Restricted Stock Units if EPS for the Performance Period is less than the Performance Threshold.
Sample 1
Basic Formula. The Employer makes Matching Contributions on behalf of each Nonhighly Compensated Participant and, at the Employer’s discretion, to the Highly Compensated Employees in an amount equal to the sum of: (i) 100% of the Elective Deferrals of the Nonhighly Compensated Participant not to exceed 3% of the Participant’s Compensation, and (ii) 50% of the Elective Deferrals of the Nonhighly Compensated Participant to the extent that such Elective Deferrals exceed 3% of the Participant’s Compensation but do not exceed 5% of the Participant’s Compensation.
Sample 1
Basic Formula. Subject to the remaining provisions of this Section 3, the number of Performance Shares earned by the Participant shall be determined by the Committee as a percentage of Performance Shares Earned at Target, according to the following table: [INSERT TABLE] Except as provided in paragraphs 3(c) and 3(d), the Participant will not earn any of the Performance Shares if EPS for the Performance Period is less than the Performance Threshold.
Sample 1
Basic Formula. If at any time ---------------------------- ------------- after the date of this Agreement, either CCT or CCA sells any assets, including without limitation, their respective partnership interests in the Partnerships (an "Assets Sale"), then CCE will be required to make a payment to Cencom equal to the product of 15% and the amount, if any, of (i) the aggregate amount of - cash (or cash equivalent value of other property) received by CCT and CCA in connection with such Asset Sale, after paying CCT's and CCA's expenses in connection with such Asset Sale, over (ii) the sum of (A) Equity Value -- - immediately prior to such Asset Sale; (B) the amount from such Asset Sale - applied to the payment of outstanding principal of and accrued interest on the Cencom Note and (C) the amount from such Asset Sale applied to the payment of - accrued but unpaid Permitted Expenses of CCT.
Sample 1
Basic Formula. The number of Parent Company Shares which shall be distributed upon the exercise by the WM Partner of the WM Partner Termination Right shall be that number which, when multiplied by the Parent Company Per Share Value (defined below), results in a product which equals the value of the WM Partner Equity Interest. For purposes of the foregoing provision: (i) the value of the Parent Company Shares, as stated on a per-share basis, shall be the average of the closing prices of such shares during the ten trading days preceding the Exercise Date (hereinafter defined) (the “Parent Company Per Share Value”) and (ii) the fair market value of the WM Partner Equity Interest shall be established under paragraphs (b) and (c) below.
Sample 1

Related to Basic Formula

  • Performance Factors (a) Each party will notify the other party of the existence of a Performance Factor, as soon as reasonably possible after the party becomes aware of the Performance Factor. The Notice will:

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • PERCENTAGE GOAL The goal for Historically Underutilized Business (HUB) participation in the work to be performed under this contract is 23.7 % of the contract amount.

  • Performance Measurement Satisfactory performance of this Contract will be measured by:

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • PERFORMANCE MEASUREMENTS Upon a particular Commission’s issuance of an Order pertaining to Performance Measurements in a proceeding expressly applicable to all CLECs generally, BellSouth shall implement in that state such Performance Measurements as of the date specified by the Commission. Performance Measurements that have been Ordered in a particular state can currently be accessed via the internet at xxxx://xxxx.xxxxxxxxx.xxx. The following Service Quality Measurements (SQM) plan as it presently exists and as it may be modified in the future, is being included as the performance measurements currently in place for the state of Tennessee. At such time that the TRA issues a subsequent Order pertaining to Performance Measurements, such Performance Measurements shall supersede the SQM contained in the Agreement. BellSouth Service Quality Measurement Plan‌ (SQM) Tennessee Performance Metrics Measurement Descriptions Version 2.00 Issue Date: July 1, 2003 Introduction

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Performance Levels (a) The Performance Levels which apply to the performance by the respective Parties of their obligations under this Agreement are set out in Part 1 of Schedule 5. A failure by either Party to achieve the relevant Performance Level will not constitute a breach of this Agreement and the only consequences of such failure as between the Parties shall be the consequences set out in this Clause 5.6.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

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