Payout Multiplier definition

Payout Multiplier means the payout multiplier determined by the Committee in accordance with Section 6(d) hereof;

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Payout Multiplier means the percentage set forth in the table above based on Green Dot’s achievement of Annual Revenue.

Payout Multiplier means the payout multiplier determined by the Committee in its sole discretion in accordance with Section 6(e) hereof;

Examples of Payout Multiplier in a sentence

The shares of Common Stock in respect of the Earned Performance Shares shall be based on the Payout Multiplier and shall be issued to the Employee on the applicable Settlement Date.
For a Sale Price that falls between two Sale Prices in the table below, the Change of Control Payout Multiplier will be determined through linear interpolation.
The amount of the Change of Control Bonus shall be equal to (i) the product of the Target Share Number and the applicable Sale Price, multiplied by (ii) the applicable Change of Control Payout Multiplier determined according to the table below (which, for the avoidance of doubt, shall be a function of the applicable Performance Period during which the Determination Date occurs and the applicable Sale Price).
In the event of a Change in Control, the Relative TSR Condition with respect to all outstanding RSUs shall be deemed to have been satisfied as of the date of the Change in Control at the greater of (i) target performance (i.e. a Payout Multiplier of 1.00) or (ii) actual performance determined in accordance with Exhibit A assuming each applicable Performance Period ended on the date of such Change in Control.
Notwithstanding the calculations described in clauses (c) and (d) above, in the event the Total Shareholder Return for the Company as calculated in clause (a) above is (I) less than 0%, the Payout Multiplier applied in clause (d) shall not exceed 1.00, and (II) greater than or equal to 20%, the Payout Multiplier applied in clause (d) shall not be less than 1.00.

More Definitions of Payout Multiplier

Payout Multiplier means the number obtained as follows:

Payout Multiplier means a number ranging from a minimum of zero (0) to a maximum of two (2);

Payout Multiplier means the payout multiplier determined by the Board in accordance with Section 5.4;

Payout Multiplier means the payout multiplier in respect of an Incentive Award granted to a Participant or a Participant’s Deferral Account as specified in the applicable Award Agreement or Deferral Agreement, respectively.

Payout Multiplier means the number used to adjust the number of Trust Units issuable pursuant to any Performance Unit on an Issue Date calculated as follows:

Payout Multiplier means the number used to adjust the number of Common Shares issuable pursuant to any Performance Share on an Issue Date, calculated as follows:

Payout Multiplier means, at any time, the number obtained by subtracting one from the product of (x) 0.04 and (y) the Percentile Rank in effect at such time; provided, however, that: (i) in the event that such Percentile Rank is less than the 35, the Payout Multiplier shall be zero; and (ii) in the event that such Percentile Rank is greater than 75, the Payout Multiplier shall be two.