Calculation of Award Sample Clauses

Calculation of Award. The salary which shall be used to calculate the amount of the Public Service Award in accordance with this Article shall be the salary which the employee was receiving on the date of the termination of their employment or the salary used in the calculation of a pension under the Public Service Superannuation Act, whichever is greater.
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Calculation of Award. (a) The salary which shall be used to calculate the amount of the Public Service Award in accordance with this Article shall be the salary which the Employee was receiving on the date of the termination of their employment
Calculation of Award. The salary which shall be used to calculate the amount of the Retirement allowance in accordance with this Article shall be the salary which the employee was receiving on the date of the termination of employment or the salary used in the calculation of a pension under the Public Service Superannuation Act, whichever is greater.
Calculation of Award a) The hourly rate which shall be used to calculate the amount of the Public Service Award in accordance with this Article shall be the hourly rate which the employee was receiving on the date of termination of his/her employment.
Calculation of Award. The Grantee’s right to receive all, any portion of, or more than, the Target Market Share Units will be contingent upon the achievement of specified levels of performance of the Market Value per Share of the Common Shares measured (as described below) as of the Ratio Calculation Date. Subject to the other terms of this Agreement, the Grantee shall earn the percentage, from 0% to 150% of the Target Market Share Units (the “Earned Market Share Unit Percentage”) set forth in the table below that corresponds to the ratio (determined to the nearest one-hundredth) of the Market Value per Share of the Common Shares measured (as described below) as of the Ratio Calculation Date divided by the Market Value per Share of the Common Shares measured (as described below) as of January 1, 20[__] (the “Ratio of Market Value”), if the Grantee remains in the continuous employ of the Company or a Subsidiary through December 31, 20[__]. For purposes of the preceding sentence, the Market Value per Share of the Common Shares measured as of January 1, 20[__] will be the average of the closing prices of the Common Shares on the New York Stock Exchange for the first fifteen days on which the New York Stock Exchange is open for trading in January of 20[__], and the Market Value per Share of the Common Shares measured as of the Ratio Calculation Date will be the average of the closing prices of the Common Shares on the New York Stock Exchange for the first fifteen days on which the New York Stock Exchange is open for trading in January of 20[__]. If The Three-Year Ratio of Market Value Is: Then The Three-Year Earned Market Share Unit Percentage Is: Less than 0.50 0% 0.50 50% 1.10 100% Greater than or equal to 1.50 150% In the event the Ratio of Market Value is between the levels set forth in the left-hand column of the above chart, the Committee shall determine the Earned Market Share Unit Percentage by mathematical straight-line interpolation.
Calculation of Award. The applicable Long-Term Incentive Award is equal to the product of (1) the Target Opportunity amount described in Section 1 of this Agreement, multiplied by (2) the Final Funding Percentage.
Calculation of Award. The salary which shall be used to calculate the amount of Retirement Allowance in accordance with this Article shall be the salary which the employee was receiving on the date of retirement or the average monthly salary rate of the employee's best five (5) years while employed at APSEA, whichever is greater.
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Calculation of Award. The salary which shall be used to calculate the amount of the Public Service Award under Article shall be the salary which the employee was receiving on the date on which he made application for the Public Service Award. Subject to the provisions of Article the Public Service Award under Articles to shall be reduced by the amount of the advance granted to an employee under Article with simple interest at such rates as determined from to time by the Civil Service Commission in consultation with the Minister of Finance calculated from the date of the payment of the advance to the employee to the date of the termination of his employment.
Calculation of Award. The Employee’s Award shall be calculated at the end of the Incentive Cycle (as set forth in Exhibit A) by multiplying the number of Performance Units set forth in Exhibit A times the number, in an interpolation of the Award Value Matrix referenced in Exhibit A, which coincides with the intersection of the respective Performance Objectives’ results. If applicable, other Award characteristics have also been referenced in Exhibit A.
Calculation of Award. In the event of taking of all or substantially all of the Premises, the net award (or settlement in lieu thereof) shall be payable in the following manner and order of priority:
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