Performance Multiple definition

Performance Multiple is the percentage of the RSUs which shall be eligible for vesting at the conclusion of the Measurement Period in accordance with the applicable CAGR. The below chart represents the applicable CAGR and Performance Multiples for purpose of calculating the Total Vesting RSUs Threshold Half-Target Target Double Target Triple Target Maximum For purposes of the Three-Year Performance-Vesting RSUs:

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Performance Multiple is the percentage of the Target Stock Units which shall be eligible for vesting at the conclusion of the Measurement Period in accordance with the applicable CAGR.

Performance Multiple means the following linear equation for each Performance Metric: ((actual performance result achieved during fiscal years _____ and _____ - the Metric Target) ÷ (Interval)) + 1.

Examples of Performance Multiple in a sentence

• You will have no voting rights with respect to the Company common stock represented by your Performance Units (including any additional Performance Units which may be credited to you upon the completion of the Performance Period based on the applicable Performance Multiple) until such time as the Company common stock is issued to you upon your vesting in the Performance Units.

• For the sake of clarity, in the event the CAGR is less than Threshold, the Performance Multiple shall be 0%.

• Dividend equivalents on unvested Performance Units shall accrue and be credited by the Company for your benefit, and any such dividend equivalents accrued and credited for your benefit shall have the same Performance Multiple applied as is applied to your Performance Units.

• The Performance Multiple applicable to the Stock Units shall be based on the Company’s achievement of the Performance Condition in an amount as specified in Exhibit A.

• If the Adjusted Share Price on the measurement date as set forth herein is between the Threshold and the Half-Target, the Half-Target and Target, the Target and the Double Target, or the Double Target and the Triple Target Maximum, the Performance Multiple applicable to the RSUs shall be the number that is the mathematical linear interpolation between the Performance Multiple applicable at the defined ends of the applicable spectrum.

More Definitions of Performance Multiple

Performance Multiple means the following linear equation for each Performance Metric: ((actual performance result achieved during fiscal years [20 ] and [20 ] - the Metric Target) ÷ (Interval)) + 1.

Performance Multiple means, with respect to an EVA Center for a fiscal year, the difference between the Actual EVA of such center for such year and the Target EVA of such center for such year divided by the Leverage Factor for such center for such year, plus, in the case of a Participant who is assigned to a Participating Group which has more than one EVA Center, the Participant's Target Multiple for such year.

Performance Multiple means the percentage to be applied to the number of Target Performance Shares granted hereunder based on the Company’s TSR Rank to determine the Earned Performance Shares to be distributed to Participant following the expiration of the Performance Period, as reflected on the chart on Exhibit “A,” or as otherwise provided by this Agreement, and to determine the amount of dividends, if any, to be paid to Participant following the expiration of the Performance Period or as otherwise provided by this Agreement.

Performance Multiple means, with respect to an EVA(R) Center for a fiscal year, the difference between the Actual EVA(R) and the Target EVA(R) divided by the Leverage Factor. In the case of a Participant who is assigned to more than one EVA(R) Center, the Participant will have a Performance Multiple for each EVA(R) Center.

Performance Multiple means 4.5% for all Qualified Projects that the Company determines in good faith are exclusively smart metering sales and 1.5% for all Qualified Projects that the Company determines in good faith are not exclusively smart metering sales.

Performance Multiple is the percentage of the Target Stock Units which shall be eligible for vesting at the conclusion of the Measurement Period in accordance with the applicable CAGR. The below chart represents the applicable CAGR and Performance Multiples for purpose of calculating the Total Vesting Stock Units as further provided in the Section 1(b) of the Grant. Title CAGR Adjusted Share Price Performance Multiple Threshold Half-Target Target Double Target Triple Target Maximum COUNTRY APPENDIX TO EXHIBIT 1-A ADDITIONAL TERMS AND CONDITIONS Capitalized terms, unless explicitly defined in this Country Appendix, shall have the meanings given to them in the Award Agreement or in the Plan. Terms and Conditions This Appendix includes additional terms and conditions that govern the Restricted Stock Units granted to Holder under the Plan if Holder resides in one of the countries listed below. If ▇▇▇▇▇▇ is a citizen or resident (or is considered as such for local law purposes) of a country other than the country in which Holder is currently residing and/or working, or if Holder transfers to another country after receiving the Restricted Stock Units, the Company shall, in its discretion, determine to what extent the special terms and conditions contained herein shall be applicable to Holder.

Performance Multiple means the amount determined pursuant to Article 5 that is used in calculating the amount of dividends credited to a Participant's Account for a year.