Common use of Long-Term Incentive Award – Restricted Stock Clause in Contracts

Long-Term Incentive Award – Restricted Stock. The Restricted Stock Award shall be an amount equal to a percentage of the Grantee’s Eligible Earnings determined as follows: % of Corporate % of Eligible Performance Goal Earnings Below 90% 0% 90% 25% 100% 50% 105% 55% Over 105% 2% for every % over 105% performance, not to exceed 65%

Appears in 13 contracts

Samples: Award and Agreement (Popular Inc), Incentive Award and Agreement (Popular Inc), Popular Inc

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Long-Term Incentive Award – Restricted Stock. The Restricted Stock Award shall be an amount equal to a percentage of the Grantee’s Eligible Earnings determined as follows: % of Corporate % of Eligible Performance Goal Earnings Below 90% 0% 90% 2550% 100% 50100% 105% 55105% Over 105% 24% for every % over 105% performance, not to exceed 65125%

Appears in 2 contracts

Samples: Popular Inc, Popular Inc

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Long-Term Incentive Award – Restricted Stock. The Restricted Stock Award shall be an amount equal to a percentage of the Grantee’s Eligible Earnings determined as follows: % of Corporate % of Eligible Performance Goal Earnings Below 90% 00 % 90% 2525 % 100% 5050 % 105% 5555 % Over 105% 2% for every % over 105% performance, not to exceed 65%

Appears in 1 contract

Samples: Incentive Award and Agreement (Popular Inc)

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