Payout Scale definition

Payout Scale means, as to any Bonus Period, the formula or payout matrix, established by the Administrator, as set forth on Appendix A hereto.
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Payout Scale means, as to any Bonus Period, the formula or payout level for each title or job classification as established by the Administrator and set forth on Appendix A hereto; provided, however, that the Administrator, may, in its sole discretion, provide that a formula or payout level will apply to a different title or job classification than set forth in Appendix A, which approval shall be evidenced by the terms of a Participant’s employment agreement providing for such different formula or payout level. 2. Appendix A of the Plan is hereby deleted in its entirety and replaced with the following new Appendix A in lieu thereof: 1. Chairman &CEO/Presidents 2. CFO/EVPs 3. Vice Presidents/General Counsel
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Examples of Payout Scale in a sentence

  • Payment rate for the additional contacts earned will be at the rate based on the Medical Bonus Payout Scale.

  • Performance / Payout Scale The TSR for all members of the comparator group at the end of the period will be calculated and each member will then be ranked.

  • The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be based upon the level of achievement of the performance goals for the relevant performance periods as set forth in Exhibit A-1 – Performance Goals and Payout Scale for Performance-Based RSUs granted in 2013, as determined by the Compensation Committee (the “Committee”).

  • Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that (i) the Grantee incurs a Termination of Service prior to the Vesting Date, or (b) any Eligible RSUs do not become Vested Shares on the Vesting Date due to the application of the Performance Criteria and Payout Scale set forth on Exhibit A, then in either case the RSUs shall be immediately forfeited to the Company.

  • Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that (i) the Grantee incurs a Termination of Service prior to the Vesting Date, or (b) any Eligible RSUs do not become Vested RSUs on the Vesting Date due to the application of the Performance Criteria and Payout Scale set forth on Exhibit A, then in either case the RSUs shall be immediately forfeited to the Company.

  • The number of RSUs of Participant’s actual earned award (the “Actual Award”) will be based upon the level of achievement of the performance goals for the Performance Period as set forth in Exhibit A – Performance Goals and Payout Scale for Performance-Based RSUs, as determined by the Compensation Committee (the “Committee”).

  • Subject to the provisions of Sections 5 and 6 of this Agreement, the Eligible RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) on March 14, 2016 (the “Vesting Date”), but only to the extent and in the proportion determined pursuant to the Performance Criteria and Payout Scale set forth on Exhibit A.

  • The Performance Multiplier shall be determined by reference to achievement of the performance goals for the Performance Period as set forth in Exhibit A – Performance Goals and Payout Scale for Performance Based RSUs.

  • Subject to the provisions of Sections 5 and 6 of this Agreement, the Eligible RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested RSUs”) on March 14, 2016 (the “Vesting Date”), but only to the extent and in the proportion determined pursuant to the Performance Criteria and Payout Scale set forth on Exhibit A.

  • The Performance Multiplier shall be determined by reference to achievement of the performance goals for the Performance Period as set forth in Exhibit A – Performance Goals and Payout Scale for Performance Based RSUs. The Performance Multiplier may range from zero to a maximum of 200% of the Target Award.