FCF Target Value. For purposes hereof, the Participant’s “FCF Target Value” is 20% of his or her Total Target Value. The extent to which the Participant will earn his or her FCF Target Value is based on the achievement by the Company of Cumulative FCF (calculated as described in Appendix A) for the Performance Period against the Cumulative FCF Target established by the Committee for the Performance Period based on the following chart:
Appears in 3 contracts
Sources: Long Term Performance Unit Award Agreement (Tenneco Inc), Long Term Performance Unit Award Agreement (Tenneco Inc), Long Term Performance Unit Award Agreement (Tenneco Inc)