Individual Performance Multiplier definition

Individual Performance Multiplier means the adjustment to the EAIP Award based on the eligible Participant’s individual achievements and performance.

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Individual Performance Multiplier means a percentage (determined by the Plan Administrator in accordance with Section 3.4) used to adjust a Participant’s payout under the Plan up or down based on such Participant’s performance.

Individual Performance Multiplier means a performance multiplier of between 0% and 120% to be determined based on a Participant’s achievement of individual performance goals (“MBOs”) set for each Participant pursuant to Section 3(C).

Examples of Individual Performance Multiplier in a sentence

The Individual Performance Multiplier component of a Bonus, if any, is entirely discretionary.
The Committee has the right to increase, reduce or eliminate your Award for any reason regardless of the amount of your Total Performance Score or Individual Performance Multiplier achieved.
For purposes of setting the Individual Award Opportunity, the Committee has set the Individual Performance Multiplier at 1.5, but will use its discretion to negatively adjust the Individual Performance Multiplier to whatever level the Committee deems appropriate based upon its determination of the Employee’s performance for 2011.
If your termination of employment is a result of your death or Disability, as determined by the Company in its sole and complete discretion, you will receive a pro-rata Award, if an Award is payable for the Performance Period, based on the Base Salary and Individual Performance Multiplier you received during the Performance Period (the “Pro-Rata Award”).
The metric system of units shall be used, for the purpose of tender.
If your termination of employment is a result of your death or Disability, as determined by the Company in its sole and complete discretion, you will receive a pro-rata Award, if an Award is payable for the Performance Period, based on your Base Salary, Award Percentage and Individual Performance Multiplier as well as the Total Performance Score and Annual Incentive Award Pool Adjustment Factor applicable to the Performance Period (the “Pro-Rata Award”).
The Individual Performance Multiplier shall be determined by the Committee in its sole discretion.

More Definitions of Individual Performance Multiplier

Individual Performance Multiplier means a number based on your Individual Performance Score (defined below). Your Individual Performance Score corresponds to the Company’s view of your individual performance and contribution to the success of the Company, on a scale of one to five, as determined by your supervisor and subject to the review of the Chief Executive Officer and the Compensation Committee (the “Individual Performance Score”). It is intended, but not required, that the Individual Performance Scores be provided in tenths, e.g., 4.1. Individual Performance Score 1.02.02.13.04.05.0 Individual Performance Multiplier 000.100.531.001.90 An Individual Performance Score of between one and two results in an Individual Performance Multiplier of zero and therefore no Award whatsoever is earned. For the avoidance of doubt, you must have an Individual Performance Score of at least 2.1 in order to earn an Award. Executive (2018):

Individual Performance Multiplier means, for each Participant, the percentage determined by the Administrator in its sole discretion based, in whole or in part, upon an evaluation of such Participant’s achievement of his or her individual performance goals (e.g. performance against Company or supervisor direction, relative performance against peers, performance reviews or feedback or such other criteria that the Administrator uses to determine whether and to what extent an Award has been earned by such Participant for such Performance Period). Except as otherwise provided in any applicable collective bargaining agreement, the Individual Performance Multiplier for any Collective Bargaining Employee covered by a collective bargaining agreement with the PAFCA will be 100%.

Individual Performance Multiplier means with respect to each Employee (other than Union Employees, craft Employees and certain other employees designated by a business unit or operating group), an individual percentage not less than 50% and not greater than 120% (110% for corporate and senior Subsidiary officers) or such other percentages as determined by the Employee’s business unit leadership and approved by the Plan Administrator and the Committee, except that with respect to an Employee whose performance is determined to be below acceptable performance standards, such percentage shall be 0%.