Value of Performance Units. On the Grant Date, each Performance Unit shall have a Value of $100.00. Thereafter, except as provided in Section 8(b) below, each Performance Unit shall have a Value equal to result of the following equation: $100.00 x (1.00 + annualized Modified Return on Equity)^3.
Appears in 5 contracts
Samples: Performance Unit Award Agreement (Symetra Financial CORP), Performance Unit Award Agreement (Symetra Financial CORP), Performance Unit Award Agreement (Symetra Financial CORP)
Value of Performance Units. On the Grant Date, each Performance Unit shall have a Value of $100.00. Thereafter, except as provided in Section 8(b) below, each Performance Unit shall have a Value equal to result of the following equation: $100.00 x (1.00 + annualized Modified Return on Equity)^3Equity)^2.
Appears in 1 contract
Samples: Performance Unit Award Agreement (Symetra Financial CORP)
Value of Performance Units. On the Grant Date, each Performance Unit shall have a Value of $100.00. Thereafter, except as provided in Section Sections 7(d) and 8(b) below, each Performance Unit shall have a Value equal to result of the following equation: $100.00 x (1.00 + annualized Modified Operating Return on Equity)^3.
Appears in 1 contract
Samples: Performance Unit Award Agreement (Symetra Financial CORP)
