Performance Payout definition

Performance Payout means the range of Performance Incentive Award amounts available to Participants at different Participation Levels, as specified in Section 4.3 above:
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Examples of Performance Payout in a sentence

  • Percentile Performance Payout (percentage of Target) Threshold: 30th 50% Target: 50th 100% Maximum: 80th or more 200% If achievement with respect to TSR occurs at a level between the above Threshold and Target levels of achievement, or between the Target and Maximum levels of achievement, then the percentage of the payout that becomes earned and vested shall be interpolated between the percentages set forth in the table above on a straight-line basis.

  • In the event of a Change in Control (as defined in the Stock Plan), you will be deemed to have earned an Actual Award at a Performance Payout Percentage of 100%.

  • The Organic Revenue Growth Performance Goal and Performance Payout Matrix for each Annual Measurement Period during the Performance Period will be provided to you in a separate notification.

  • For Achieved Performance Criteria between the target percentiles set out above, the Performance Payout Factor shall be calculated by linear interpolation.

  • The maximum Performance Payout Factor for the Performance Period is 200%, which may be applied by the Committee to an Achieved Performance Criteria at or above P90 (or the 90th percentile) of the PSU Performance Peer Group.

  • Following the end of the calendar year, the Committee will certify performance results based on the results determined under the Corporate Performance Payout Table below and the level of achievement of the Grantee’s personal performance goals.

  • S&P 500 Index Performance Payout % of Target3 Performance Payout % of Target3 Performance Payout % of Target3 1 Percentage of total shareholder return over performance period commencing on the Effective Date, subject to modification in the event of a Change of Control.

  • The Performance Payout Matrix for the [__] Annual Measurement Period is provided in the table below, and each subsequent Annual Measurement Period during the Performance Period will be provided to you in a separate notification.

  • The specific Adjusted Operating Cash Flow Performance Goal and Performance Payout Matrix for each Annual Measurement Period during the Performance Period will be provided to you in a separate notification.

  • Upon Participant’s death prior to the date that Participant attains the age of 60 years, a pro-rata portion of the PSUs shall immediately vest on the date of Participant’s death assuming a 100% Performance Payout Factor in proportion to the number of calendar months (rounded up to the nearest whole number of months) from the first day of the Performance Period to the Termination of Service relative to the total number of months in the Performance Period.

Related to Performance Payout

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Payout means that time at which cash distributions have been made by the Limited Partnership to the Unit Holders (together with their predecessors in interest) pursuant to Section 5.1 of the Limited Partnership Agreement (together with any distributions to such Unit Holders pursuant to Section 3.3 of the Limited Partnership Agreement), in an aggregate amount equal to the Unit Holders' Subscriptions to the Limited Partnership.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Performance Award means any right granted under Section 6(d) of the Plan.