Performance Calculation. (a) The “
Performance Calculation. Calculate performance data of the Portfolios for dissemination to information services covering the investment company industry, shareholders, and appropriate regulatory agencies.
Performance Calculation. The Fund's investment performance will be measured by comparing the (i) opening net asset value of one share of the Fund on the first business day of the Performance Period with (ii) the closing net asset value of one share of the Fund as of the last business day of such period (subject to the last sentence of this paragraph) (iii) calculated as if expenses for management fees provided for by this agreement and all other expenses provided for in the Services Agreement between the Trust and Madison Asset Management, LLC had been waived, i.e. the Fund's investment performance will be measured gross of fees, in recognition that the performance of the Index is not reduced for fees. The Fund's investment performance shall not be adjusted for brokerage or trading costs. In computing the investment performance of the Fund and the investment record of the Index, distributions of realized capital gains, the value of capital gains taxes per share paid or payable undistributed realized long-term capital gains accumulated to the end of such period and dividends paid out of investment income on the part of the Fund, and all cash distributions of the companies whose securities comprise the Index, will be treated as reinvested in accordance with Rule 205-1 or any other applicable rule under the Investment Advisers Act of 1940, as the same from time to time may be amended.
Performance Calculation. (a) As soon as practical after December 31, 2003, QIAGEN will determine (i) the amount of Xeragon Revenues and (ii) the Xeragon Expense Percentage, each to be determined in accordance with generally accepted accounting principles, and shall deliver written notice of such determination to Xxxxxxx Xxxxx as representative of the Company Shareholders (the "Dispute Representative") at his address as set forth on the signature page hereto (or such other address as he shall have furnished in writing to QIAGEN prior to such time).
Performance Calculation. The RSUs shall be deemed earned as set forth in the table below based on the Average Share Price. If on the Closing Date, the Average Share Price fails to achieve the target level specified in the table below, then all RSUs shall be deemed unearned, forfeited, and canceled immediately without consideration. The RSUs that are deemed earned in accordance with this Section 2(c) shall be payable as of (and not before) the Settlement Date (defined below). Average Share Price Earned Percentage of RSUs Greater than or equal to $101.31 100% Less than $101.31 0%
Performance Calculation. The Bank will compute the performance results of the Fund (the "Performance Calculation") in accordance with the applicable provisions of the 1933 Act and the 1940 Act and the rules thereunder promulgated by the SEC, and any subsequent amendments to, published interpretations of or general conventions accepted by the staff of the SEC with respect to such applicable provisions of such Acts, subject to the terms set forth below:
Performance Calculation. (a) Prior to the occurrence of a Change of Control, at the end of the Performance Period, the performance measure will be calculated to determine achievement against goal, and the final number of Units may be adjusted according to the following schedule: Cumulative three-year Adjusted EBITDA Achievement Against Goal Percentage of Units Awarded 80 % 0 % 100 % 100 % 120 % 200 % Interpolation will be used to determine the final number of Units, should results fall in between the achievement levels outlined above. Fractional Units will not be issued. If interpolation results in fractional Units, number of Units actually awarded to Participant will be rounded up or down to the nearest whole number, pursuant to conventional rounding.
Performance Calculation. At the end of the Performance Measurement Period, the Performance Units will vest based on the increase in TSR during the Performance Measurement Period in accordance with the following formula: Base Pay x Performance Multiple x TSR % = Actual Award In particular, the performance calculation shall be determined as follows: · Base pay shall be the Recipient’s base pay as of the date of award · Performance Multiple is set forth in this Performance Unit Agreement · TSR shall be calculated as of the end of the Performance Measurement Period. TSR shall be calculated to two decimal places. Threshold, Target and Maximum Payout: Threshold payout is calculated at ___% TSR growth. Target payout is calculated at ____% TSR growth. Maximum payout is calculated at ___% TSR growth or more. If TSR growth is less than ___%, then no payout shall be made and the Performance Units shall be forfeited. Following is an example of threshold, target and maximum payouts under this Agreement: Represents Base x Multiple x TSR Name Perf Period Base Pay ($) Perf Multiple Threshold Payout Target Payout Maximum Payout 1/1/05 - 12/31/0__ Vesting: At the end of the Performance Measurement Period and upon certification of the Performance Measure by the Compensation and Management Development Committee, the Performance Units shall be payable in cash to the Recipient within a reasonable period of time pursuant to the terms of the Plan. Forfeiture of units; termination of employment: Subject to the terms of the Plan and the terms set forth above, in the event that the Committee does not certify the attainment of the threshold performance criteria set forth above, the Performance Units under this Agreement shall be forfeited immediately. In addition, unless the Committee decides otherwise, all Performance Units covered hereunder that remain subject to restriction upon the Recipient’s termination of employment for any reason (including death, disability or retirement under the terms of the Company’s Retirement Plan, or any other retirement plan approved by the Board, for that purpose) will be forfeited as of the date of such termination of employment.
Performance Calculation. Calculate performance data of Trusts for dissemination to information services covering the investment company industry, shareholders, and appropriate regulatory agencies.
Performance Calculation. All or a portion of the RSUs shall be deemed earned as set forth in the table below based on the volume-weighted average closing price of a share of the Company’s common stock for any consecutive 10-trading day period (the “Average Share Price”) during the Performance Period. If during the Performance Period, the Average Share Price fails to achieve the maximum level but falls between the minimum level and maximum level (each such level as set forth below), then the percentage of RSUs that shall be deemed earned shall be determined using straight-line interpolation between the two applicable levels. The RSUs that are deemed earned in accordance with this Section 2(c) shall be payable as of (and not before) the Settlement Date (defined below). Average Share Price Earned Percentage of RSUs [●] or greater (maximum level) 100 % [●] (minimum level) 50 % Less than [●] 0 %
