Payout Factor Schedule definition
Payout Factor Schedule means the attached schedule setting forth a range of Annual Percentage Increases (APIs) and the corresponding Payout Factors. If the APIs are between those set forth in the schedule, the Payout Factor shall be determined by interpolation. The range of APIs is in each Payout Factor Schedule may set forth a minimum API below which the Payout Factor will be zero, and a maximum API, at and above which the Payout Factor will be 200%. The range of APIs, and the minimum and maximum APIs, may vary from Award Cycle to Award Cycle.