Payout Amount definition

Payout Amount means the vested portion of the Final Amount expressed as shares of Stock underlying the RSUs.

Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

Payout Amount means any payout made under this Plan.

Examples of Payout Amount in a sentence

• The payment of a Payout Amount shall be based on the Fair Market Value of the shares of Stock on the applicable date of vesting to which such tax withholding relates.

• The Compensation Committee will determine, in its sole discretion, the Final Payout Amount.

• The Final Award may not exceed the applicable Calculated Maximum Potential Payout Amount, as determined in accordance with Section 5.1, and is subject to the exercise of negative discretion by the Committee pursuant to Section 5.2(b), if applicable.

• Upon receipt of entitlement to Stock under this Agreement, each payment of the Payout Amount shall be made in shares of Stock, determined by the Committee, such that the withheld number of shares of Stock shall be sufficient to cover the withholding amount required by this section (including any amount to cover benefit tax charges arising thereon).

• The entitlement to receive the first one-third (1/3) of any Payout Amount shall vest on the applicable Price Threshold Date and shall be paid by the Company to the Participant within thirty (30) days of the applicable Price Threshold Date in the manner set out in Section 6.4 below.

More Definitions of Payout Amount

Payout Amount means, for each Participant, a number equal to that Participant's Target Award multiplied by the applicable Payout Percentage.

Payout Amount is defined in Section 3.06(a)(iv) (Security).

Payout Amount means the amount paid out, after any foreign exchange conversion, to the Payee’s account exclusive of the Service Fee.

Payout Amount means the total amount payable to the Settling States by the Settlement Fund Administrator for each Payment Year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B. For the avoidance of doubt, this term does not include amounts paid pursuant to Section VIII and Section IX.

Payout Amount means the total amount of money in the Payout currency corresponding to the Payment Instructions.

Payout Amount means that sum of money determined to be due and owing to the Executive pursuant to the terms of any Executive Employment Agreement then in place between the Corporation and the Executive.

Payout Amount means the vested portion of the Grant, along with any Dividend Equivalents related thereto as specified in the Grant Notice, expressed as shares of Stock underlying the RSUs and related Dividend Equivalents.