Common use of Calculation of Pro-Rata Accelerated Shares Clause in Contracts

Calculation of Pro-Rata Accelerated Shares. The actual number of Performance Shares that shall be paid upon the occurrence of an event specified in this Section 3 is the amount of Performance Shares as determined and certified under Sections 2(b) and 2(c), respectively, as if the Recipient were still employed on the Vesting Date, multiplied by a fraction; the numerator of which is the total number of complete months worked by the Recipient during the Performance Cycle, and the denominator of which is , the total number of months in the Performance Cycle.

Calculation of Pro-Rata Accelerated Shares. The actual number of Performance Shares that shall be paid upon the occurrence of an event specified in this Section 3 3(a) or (b) is the amount of Performance Shares as determined and certified under Sections 2(b) and 2(c), respectivelyTarget, as if the Recipient were still employed on the Vesting DateJune 30, 2022, multiplied by a fraction; the numerator of which is the total number of complete months worked by the Recipient during the Performance Cycle, and the denominator of which is 36, the total number of months in the Performance Cycle.

Calculation of Pro-Rata Accelerated Shares. The actual number of Performance Shares that shall be paid upon the occurrence of an event specified in this Section 3 3(a) or (b) is the amount of Performance Shares as determined and certified under Sections 2(b) and 2(c), respectively, as if the Recipient were still employed on the Vesting DateDecember 31, 2011, multiplied by a fraction; the numerator of which is the total number of complete months worked by the Recipient during the Performance Cycle, and the denominator of which is 36, the total number of months in the Performance Cycle.