Average Company FPS definition

Average Company FPS means the average FPS performance for each fiscal year during the Performance Period, based on annual performance goals established by the Committee.

Examples of Average Company FPS in a sentence

  • If, as of the Measurement Date, the Average Company FPS and YPD is between Performance Levels, then straight line linear interpolation shall be used to determine the percentage of the FPS and YPD Units that shall vest and become Earned PSUs with respect to the FPS and YPD Metric.

  • Subject to satisfaction of the Service Condition, the total FPS and total YPD Units shall vest and become Earned PSUs based on the Average Company FPS and YPD of the fiscal years in the Performance Period in accordance with the following table.