Basic Formula Sample Clauses

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.

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.

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.

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.

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.