Weighted Average Performance definition

Weighted Average Performance or “WAP” means the Company’s performance within the Peer Group relative to specified performance measures.
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Weighted Average Performance or “WAP” means the Company’s actual performance relative to specified performance measures as compared to its annual budget for the specified performance measures. Initially, the Weighted Average Performance will be based on the following performance measures and weighted percentages:
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Examples of Weighted Average Performance in a sentence

  • For example, a 50% Weighted Average Performance Achievement Percentage will result in delivery of 50% of the Target Shares.

  • Straight-line interpolation shall be used to determine the “Percentage of Target Shares” under the table set forth in Paragraph 2(a) above if the Weighted Average Performance Achievement Percentage is between Threshold and Target and between Target and Maximum.

  • For example, if Net Sales Growth is 7%, the applicable percentage for this Performance Objective to be used in determining the Weighted Average Performance Achievement Percentage is 75% (50% + ((1% / (8% - 6%)) x 50%).

  • Old National's rank will then be multiplied times the Performance Weight for each Performance Factor, resulting in Old National's Weighted Average Performance Rank.

  • The Weighted Average Performance Rank will be used to determine Old National's Relative Percentile Ranking.

  • For example, if the Weighted Average Performance Level is 130%, the participant will be awarded additional Shares equal to 30% of the Shares awarded in Section 1.

  • For example, if the Company’s TSR S&P Percentile is 47.5%, the TSR Performance % to be used in determining the Weighted Average Performance Achievement Percentage is 90%, calculated as follows: 80% + (((47.5% - 45%) / (50% - 45%)) x 20%).