Actual AOP definition
Actual AOP means the final actual AOP of the Company for the relevant Performance Period as determined by the Board and/or the Committee in its (or their) sole discretion.
Examples of Actual AOP in a sentence
By way of example, if Actual AOP for Year 1 is $1,100,000,000, then the Year 1 Target Award shall be multiplied by a Performance Multiplier of 140% (comprised of two incremental 20 percentage point increases) because the Actual AOP exceeded the Target AOP by $100,000,000.