Operational Performance Calculation Methodology Clause Samples
Operational Performance Calculation Methodology. The following table shows the Maximum, Target and Threshold Performance Levels for the Company’s Operational Performance Results: Maximum 10.0% 200% Target 8.5% 100% Threshold 7.0% 50% Below Threshold Under 7.0% 0% At the conclusion of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the formula and methods described below. For performance that falls between the percentage points specified in the second column of the above table, the total PSUs to vest and/or Additional Shares to be granted shall be interpolated on a straight-line basis.
Operational Performance Calculation Methodology. The following table shows the Maximum, Target and Threshold Performance Levels for the Company’s Operational Performance Results: Level of Achievement for Performance Period Operational Performance Results Total Shares to Vest (and/or be Granted) on Vesting Date as Percentage of Target Shares Maximum 200% Target 100% Threshold 50% Below Threshold 0% At the conclusion of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the formula and methods described below, including consideration of whether the Company’s Ratio of Debt to Total Capitalization at the end of the Performance Period exceeds 35%.