Common use of Proration or Forfeiture of Target Award Clause in Contracts

Proration or Forfeiture of Target Award. (a) Newly hired or promoted employees who are selected to participate in the Plan after March 1, 2011 will participate in the Plan on a prorated basis based on the number of days worked during the Performance Period after being selected to participate in the Plan. The prorated award will be calculated as follows: one-hundred percent (100%) of a Participant’s unvested Target Award will be multiplied by a fraction, the numerator of which is the number of days the Employee was a Participant in the Plan during the Performance Period, and the denominator of which is the total number of days in the Performance Period.

Proration or Forfeiture of Target Award. (a) Newly hired or promoted employees who are selected to participate in the Plan after March 1, 2011 the beginning of an applicable Performance Period will participate in the Plan on a prorated basis based on the number of days worked during the applicable Performance Period after being selected to participate in the Plan. The prorated award will be calculated as followsfollows unless otherwise determined by the Committee: one-hundred percent (100%) of a Participant’s unvested Target Award will be multiplied by a fraction, the numerator of which is the number of days the Employee was a Participant in the Plan during the applicable Performance Period, and the denominator of which is the total number of days in the applicable Performance Period.

Proration or Forfeiture of Target Award. (ae) Newly hired or promoted employees who are selected to participate in the Plan after March 1, 2011 the beginning of an applicable Performance Period will participate in the Plan on a prorated basis based on the number of days worked during the applicable Performance Period after being selected to participate in the Plan. The prorated award will be calculated as follows: one-hundred percent (100%) of a Participant’s unvested Target Award will be multiplied by a fraction, the numerator of which is the number of days the Employee was a Participant in the Plan during the applicable Performance Period, and the denominator of which is the total number of days in the applicable Performance Period.

Proration or Forfeiture of Target Award. (a) Newly hired or promoted employees who are selected to participate in the Plan after March 1January 15, 2011 2009 will participate in the Plan on a prorated basis based on the number of days worked during the Performance Period after being selected to participate in the Plan. The prorated award will be calculated as follows: one-hundred percent (100%) of a Participant’s unvested Target Award will be multiplied by a fraction, the numerator of which is the number of days the Employee was a Participant in the Plan during the Performance Period, and the denominator of which is the total number of days in the Performance Period.