RSU Amount definition
Examples of RSU Amount in a sentence
The Committee, in its business judgment, may approve the Company awarding none, some or all of the Target Look-Back RSU Amount to the Participant based on the Committee’s subjective, qualitative assessment of the Participant’s overall performance during the Performance Period.
The determination and approval by the Committee of what portion, if any, of the Target Look-Back RSU Amount shall be awarded to the Participant may include a variety of factors considered by the Committee in its sole discretion, including one or more of the equity award determination factors listed in Exhibit A to this Agreement.
If the TSR Percentile Rank is greater than or equal to 75.00, then the number of Restricted Stock Units that vest will be a number equal to the number of Restricted Stock Units that would vest based on performance as determined under Section 1 above, multiplied by an Adjustment Factor of 1.25 (e.g., if 100 Restricted Stock Units would vest under Section 1 prior to applying the Adjustment Factor, 125 would vest), subject to the Maximum RSU Amount.
For purposes of this Agreement, the Committee approved a Target Revenue Growth RSU Amount of ( ) RSUs. After the completion of the Performance Period the Committee shall award the Participant a number of RSUs of between zero and up to 150% of the Target Revenue Growth RSU Amount (“Revenue Growth RSUs”), on the Determination Date.
For purposes of this Agreement, the Committee approved a Target Look-Back RSU Amount of ( ) RSUs. No later than ninety (90) days after the end of the Performance Period, the Committee, in its sole discretion, shall award the Participant a number of RSUs of between zero and the Target Look-Back RSU Amount (“Look-Back RSUs”), on the Determination Date (as defined below).
For purposes of this Agreement, the Committee approved a Target TSR Performance RSU Amount of ( ) RSUs. After the completion of the Performance Period the Committee shall award the Participant a number of RSUs of between zero and up to 150% of the Target TSR Performance RSU Amount (“TSR Performance RSUs”), on the Determination Date (as defined below).
After the completion of the applicable Performance Period the Committee shall award the Participant a number of RSUs of between zero and the Target Revenue Growth RSU Amount (“Revenue Growth RSUs”), on the Determination Date.
For purposes of this Agreement, the Committee approved a Target Look-Back RSU Amount of __________________ (________) RSUs, consisting of a Target Look-Back RSU Amount of ____________ (_____) RSUs for the 2023 Performance Period and a Target Look-Back RSU Amount of __________________(_____) for the 2024 Performance Period.
No later than ninety (90) days after the end of the applicable Performance Period, the Committee, in its sole discretion, shall award the Participant a number of RSUs of between zero and the Target Look-Back RSU Amount (“Look-Back RSUs”), on the Determination Date (as defined below).
The number of Restricted Stock Units that will vest under this Attachment 1 and this Agreement, as determined by the Committee, is equal to: [(Overall Award Percentage x Target Value)/Market Price] x the Adjustment Factor rounded up to the nearest whole number (but not in excess of the Maximum RSU Amount) where: Overall Award Percentage will be the sum of (i) the BVA Award Percentage multiplied by the BVA Factor, and (ii) the EPS Award Percentage multiplied by the EPS Factor.