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.

Related to Payout Scale

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Milestone means any of the milestones described in Section A2 (Performance Milestones) of attached Exhibit A (Start-Up License Schedule).

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • 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 Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.