Performance Payout Percentage definition
Examples of Performance Payout Percentage in a sentence
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 performance share units resulting from reinvested dividends will convert into the number of shares of Common Stock and the Performance Payout Percentage will be applied and vest on the close of business on February 22, 2014.
The name “G▇▇▇▇▇▇ Sachs Trust” is the designation of the Trustees for the time being under a Declaration of Trust dated January 28, 1997, as amended from time to time, and all persons dealing with the Trust must look solely to the property of the Trust for the enforcement of any claims against the Trust as neither the Trustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust.
The Target Award Units for the Award Recipient, the Performance Payout Percentage and the performance grid are attached hereto as Appendix A.
Subject to meeting the requirements herein, the actual award to the Award Recipient for the Performance Period shall consist of Performance Award Units equal to the number of Target Award Units multiplied by the Performance Payout Percentage for the Performance Period determined by the Committee under the performance grid.
The Committee shall interpolate the Performance Payout Percentage for the achievement of an Ending Stock Price between each applicable target level, which percentage shall be calculated to the nearest one-hundredth percent.