Examples of Payout Percentage in a sentence
If Participant’s Employment is terminated by reason of death prior to the close of the Performance Cycle, the Participant’s right to receive the Performance Units shall vest in full as of the date of death and the Payout Percentage shall be 100%.
The Aggregate Payout Percentage is the sum of the Payout Percentages for each Performance Factor.
For levels of achievement between threshold and maximum, the Committee shall determine the Payout Percentage by interpolation.
For levels of achievement between target and zero and target and the maximum, the Compensation Committee shall determine the Payout Percentage by interpolation, to the extent not otherwise expressly set forth in subsection A, B, C or D of Exhibit A.
Notwithstanding anything herein to the contrary, the Committee has sole and absolute authority and discretion to reduce the Payout Percentage as it may deem appropriate.