Performance Multiplier definition
Examples of Performance Multiplier in a sentence
The number of PRSUs earned under this Agreement (the “Earned PRSUs”) shall be equal to the Target PRSUs multiplied by the TSR Performance Multiplier (as defined herein).
The Performance Multiplier will be applied to determine the number of PUs that vest as if the applicable Performance Period has been completed.
The Performance Multiplier will be based on the following metrics and weightings.
The settlement value of the PUs shall be an amount equal to the Target Number of PUs (after application of the Performance Multiplier) multiplied by the PU Share Price.
If the Company’s Total Shareholder Return Rank is between 50% and 75%, the Tranche 1 Relative Performance Multiplier will be determined using a straight line interpolation (between 1 and 2).