Payout Calculation definition

Payout Calculation. The Payout Calculation is determined by comparing the Flextronics Total Shareholder Return as a percentage of the S&P 500 Index. The formula is as follows: Payout % = ((FLEX TSR% - S&P TSR%) / abs(S&P TSR%)) + 100%
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Payout Calculation refers to the amounts calculated as the awards under this Settlement Agreement for each Opt-In Plaintiff and Settlement Class Member.
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Payout Calculation. The Payout is determined by calculating the Total Shareholder Return of every company within the S&P 500 Index Companies Group and determining the percentile rank of Flextronics’ Total Shareholder Return as compared to the S&P 500 Index Companies Group (that is, the number of members of the S&P 500 Index Companies with Total Shareholder Returns at or below the Total Shareholder Return of Flextronics). The formula for this calculation is as follows: (B + .5E)/N * 100 Where B = Number of S&P 500 Index Companies TSRs below Flextronics TSR E = Number of TSRs Equal to Company TSR N = The number of Companies in the S&P 500 Index Percentile Rank of Flextronics TSR in S&P 500 Index Companies Awards Earned as a % of the Target Maximum >75th Percentile 200 % 50th – 75th Percentile Interpolate Target Shares 50th Percentile 100 % 30th – 50th Percentile Interpolate Threshold 30th Percentile 25 % <30th Percentile 0 %
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Examples of Payout Calculation in a sentence

  • Although Grantee will be eligible for consideration for a full award (Standard Payout Calculation) at the scheduled time, it is anticipated that the Committee will take into account the timing and circumstances of the disability when deciding whether and the extent to which to exercise its negative discretion.

  • Payout Calculation: Net additions of [***] dictate a payout of 12.5% for threshold EBITDA performance and 20% for target EBITDA performance.

  • Final and Early Redemption Amount: (a) Final Redemption Amount: (b) Final Payout: Calculation Amount x 100 per centSPS PayoutsSPS Fixed Percentage Securities: Constant Percentage 1 Where:Constant Percentage 1 means 100%13.

  • Extension months may be retroactive only to the month the family requested the extension, provided the family is eligible and has not already received Work First benefits in that month.

  • Once the Annual Peer Group and accompanying Annual Potential Payout Calculation Schedules for a given year are established and final, the Committee will not change the Schedules with respect to that year other than to reflect Peer name changes or the elimination from the Peer Group of any members that have been eliminated since the beginning of the year due, for example, to consolidations, mergers or other material corporate reorganizations.

  • Each Annual Potential Payout Calculation Schedule will provide a threshold level of corporate performance below which there will be no eligibility for an award payout with respect to corporate performance for that year.

  • By taking steps to address these issues early, particularly at contract formation, the parties may be able to minimize the impact of the new risks BIM creates while enabling a project to benefit from its technical advantages.

  • The Committee will establish the Annual Peer Group and the accompanying Annual Potential Payout Calculation Schedules for each year of the Performance Period as Schedules with respect to this Grant no later than the 90th day of that year, at which time the Schedules for that year will become final.

  • Payout Calculation Once all multipliers are determined, the actual payout is calculated using the respective weightings for each component depending on the role, base salary, target percentage, and the number of days of active employment during the Plan Year.

  • Each Actual Award is determined by the Payout Calculation Methodology for the Performance Period, subject to the Compensation Committee’s authority under Section 3.6 to eliminate or reduce the award otherwise determined by the Payout Calculation Methodology.


More Definitions of Payout Calculation

Payout Calculation. The Payout Calculation is determined as follows: (i) with respect to 60% of the Target Shares, by comparing the Company’s Total Shareholder Return with respect to the S&P 500 Index; The formula for this calculation is as follows: ((Company TSR% - S&P TSR%) / abs(S&P TSR%)) + 100% (ii) with respect to 40% of the Target Shares, by calculating the Total Shareholder Return of every company within the Extended EMS Group and determining the percentile rank of the Company’s Total Shareholder Return as compared to the Extended EMS Group (that is, the number of members of the Extended EMS Group with Total Shareholder Returns at or below the Total Shareholder Return of the Company). The formula for this calculation is as follows: (B + .5E)/N * 100 Where B = Number of EMS Group TSRs below Company TSR E = Number of TSRs Equal to Company TSR N = 17 (the number of members of the EMS Group + the Company)
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Payout Calculation. The Payout is determined by calculating the Total Shareholder Return of every company within the S&P 500 Index Companies Group and determining the percentile rank of Flex’s Total Shareholder Return as compared to the S&P 500 Index Companies Group (that is, the number of members of the S&P 500 Index Companies with Total Shareholder Returns at or below the Total Shareholder Return of Flex). The formula for this calculation is as follows:
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Related to Payout Calculation

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • How We Will Calculate Your Balance We use a method called "average daily balance (including new transactions)." See your Credit Card Agreement for more details.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Performance audit means an objective and systematic assessment of a state agency or agencies or any of their programs, functions, or activities by the state auditor or designee in order to help improve agency efficiency, effectiveness, and accountability. Performance audits include economy and efficiency audits and program audits.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Payout Formula means as to any Performance Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to Participant.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Payout means that time at which cash distributions have been made by the Limited Partnership to the Unit Holders (together with their predecessors in interest) pursuant to Section 5.1 of the Limited Partnership Agreement (together with any distributions to such Unit Holders pursuant to Section 3.3 of the Limited Partnership Agreement), in an aggregate amount equal to the Unit Holders' Subscriptions to the Limited Partnership.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Redemption Calculation Date means the sixth Payment Business Day prior to the date on which the Notes are redeemed as a result of any event specified in this § 5(3).(b) Notice of redemption shall be given by the Issuer to the Holders in accordance with § 14 and shall be delivered to the Fiscal Agent not less than 15 days before and shall at least specify: