Common use of Performance Parameters Clause in Contracts

Performance Parameters. The Performance Parameters are based on the attainment of Company’s Operating Profit Goals established for each of the Performance Measurement Periods. The attainment level, ranging from 0% to 200%, of the Operating Profit Goal applicable to each Performance Measurement Period shall be measured separately on each corresponding Determination Date and weighted equally. The number of Performance RSUs that shall vest shall be equal to a number of Performance RSUs that is between 0% and 200% of the Initial Grant Number. Attainment among the Operation Profit Goal attainment levels is subject to interpolation on a linear basis.

Appears in 1 contract

Sources: Performance Restricted Stock Unit Agreement (Analog Devices Inc)

Performance Parameters. The Performance Parameters are based on the attainment of Company’s Operating Profit Goals the Revenue Goal established for each of the Performance Measurement Periods. The attainment level, ranging from 0% to 200%, of the Operating Profit Revenue Goal applicable to each Performance Measurement Period shall be measured separately on each corresponding Determination Date and weighted equally. The number of Performance RSUs that shall vest shall be equal to a number of Performance RSUs that is between 0% and 200% of the Initial Grant Number. Attainment among the Operation Profit Revenue Goal attainment levels is subject to interpolation on a linear basis.

Appears in 1 contract

Sources: Performance Restricted Stock Unit Agreement (Analog Devices Inc)