Modified Performance definition

Modified Performance means, in respect of an Interest Valuation Date, the Interest Valuation Price on such day divided by the Initial Price(Interest).
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Modified Performance means, in respect of an Interest Valuation Date, the Interest Valuation Price on such day divided by the Initial Price(Interest), each in respect of the Underlying Asset as calculated on such Interest Valuation Date.
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Modified Performance means, in respect of an Interest Valuation Date, the sum of the Weighted Modified Asset Performance(Interest) for each Underlying Asset as calculated in respect of such Interest Valuation Date.
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Examples of Modified Performance in a sentence

  • Such amounts shall be paid as soon as administratively practicable after the end of the Modified Performance Cycle, but in no event later than six (6) months after such date.

  • Such amounts shall be paid as soon as administratively practicable after the end of the Modified Performance Period, but in no event later than six (6) months after such date.

  • The amount payable to the Grantee pursuant to the TSR Modified Performance Units shall be determined as of the applicable Vesting Date pursuant to Section 3(a) or the payment event pursuant to Section 3(b).

  • Such amount shall be based upon the number of TSR Modified Performance Units which vest/are payable as of such date multiplied by the Adjusted Notional Value.

  • The Employer may establish separate bookkeeping accounts for the Time-Based Performance Units and the TSR Modified Performance Units which collectively will constitute the Performance Unit Account.

  • The Grant is comprised of both Time-Based Performance Units (25% of total award) and TSR Modified Performance Units (75% of total award).

  • Subject to the foregoing, the Modified Performance Metrics will take into account Executive’s modified duties and obligations and will not materially reduce the performance bonus payout potential.

  • Vesting Schedule Applicable to the Modified Performance Option: The Modified Performance Option shall vest and become exercisable in equal installments of 50% on each of March 31, 2015, and March 31, 2016, subject to Participant’s continued employment or service with the Corporation or one of its Subsidiaries on each such vesting date.

  • If any portion of the Modified Performance Option does not vest on the Vesting Date on which it initially becomes eligible to vest in accordance with the vesting provisions set forth above in this sub-section (c) because Biomet, Inc.

  • In the event the “make-up” adjustment described in the preceding sentence is appropriate, an amount in addition to the amount set forth in Section 1(b)(i) will be payable to the Grantee pursuant to Section 4 with respect to the TSR Modified Performance Units at the time provided with respect to the Vesting Date occurring on July 21, 2015 (the “Make-Up Adjustment”).