Payment Value means the dollar amount assigned to a Performance Share which shall be equal to the Fair Market Value of the Common Stock on the day of the Committee's determination under Section 8(c)(2) with respect to the applicable Performance Period.
Payment Value means the Fair Market Value of a Share on the applicable vesting date. Payments hereunder shall be made in Shares, unless the Committee, in its discretion, determines to make such payments in cash or a combination of cash and Shares. The foregoing to the contrary notwithstanding, if the Participant’s Separation from Service occurs under any circumstances other than death, any such payment due by reason of such Separation from Service shall be delayed for six months from the date of the Participant’s Separation from Service if the Participant is a “specified employee” (as such term is defined in Section 409A(a)(2)(B)(i) of the Code) determined in accordance with the methodology established by the Company as in effect on the date of such Separation from Service.
Payment Value means with respect to a Performance Share at any given time, the portion, if any, of such Performance Share which a Participant has earned at such time under the applicable Payment Schedule during the Performance Cycle relating to that Performance Share.
Examples of Payment Value in a sentence
Outcomes achieved for DCF-Involved Families will receive the DCF-Involved Payment Value in addition to the Base Price Payment Value.
He said that the recommendation of the Vienna Conference did not indicate what the new permanent forum should do, and that the title "permanent forum" was misleading because of the permanent character of the Working Group.
Families may be eligible for and receive both the High-Risk Screen and DCF-Involved Payment Value in addition to the Base Price Payment Value.
The proposed milestone payment schedule shall be provided in a columnar/table format with the following column headers: Task/Milestone; Timeline/date; and Payment Value.
The Purchase Payment Value (described below) less Debt, on the Valuation Date we receive due proof of death.
More Definitions of Payment Value
Payment Value of any Subject Hydrocarbons shall mean:
Payment Value of any Subject Minerals shall mean:
Payment Value means the value, expressed in dollars, of a performance unit at the conclusion of an Award Cycle, determined in accordance with Section 12.
Payment Value means the Fair Market Value of a Share on the applicable vesting date. Payments hereunder shall be made in Shares, unless the Committee, in its discretion, determines to make such payments in cash or a combination of cash and Shares. The foregoing to the contrary notwithstanding, if the Participant’s Termination occurs under any circumstances other than death, any such payment due by reason of such Termination shall be delayed for six months from the date of such Termination if the Participant is a “specified employee” (as such term is defined in Section 409A(a)(2)(B)(i) of the Code).
Payment Value means, as of the end of each Performance Period, the value, expressed in dollars, of each Performance Unit issued under the Plan. The Payment Value will be determined by multiplying the target value by the percentage or percentages assigned to the level of the Company’s actual financial performance, based on the Performance Measures and based on associated percentages assigned to the various levels of performance of the Performance Measures at the beginning of the Performance Period. If the attainment of a Performance Measure occurs between the stated levels, the Payment Value will be determined by linear extrapolation.
Payment Value means the amount designated as the “Payment Value” in an Award Agreement.
Payment Value of each Prospective Payment shall be determined by discounting such Prospective Payment at the Reinvestment Rate for the period from the Payment Date on which such Prospective Payment was scheduled to be paid to the applicable Redemption Date.