Scenario D definition

Scenario D. The Consolidated Company’s Trailing Twelve Month's Economic Earnings is $60,000,000 for the twelve-month period ending on the First Vesting Date, $80,000,000 for the twelve-month period ending on the Second Vesting Date, and $60,000,000 for the twelve-month period ending on the Third Vesting Date. The resulting Performance Ratio at each Vesting Date is: First Vesting Date: $60,000,000 / $70,000,000 = 0.857 Second Vesting Date: $80,000,000 / $70,000,000 = 1.143 (deemed to be 1.0) Third Vesting Date: $60,000,000 / $70,000,000 = 0.857 Therefore, 85.7% of one third of the Performance Shares (or 28.57% of the Performance Shares) vest on the First Vesting Date, and, absent application of Section 2.3(b), 100.0% of one third of the Performance Shares vest on the Second Vesting Date and 85.7% of one third of the Performance Shares (28.57%) vest on the Third Vesting Date for total vesting of 90.48% of the Performance Shares. However, applying Section 2.3(b), at the Second Vesting Date, $10,000,000 of the Trailing Twelve Month's Economic Earnings of the Consolidated Company for the twelve-month period ending on the Second Vesting Date would be applied to the Trailing Twelve Month's Economic Earnings of the Consolidated Company for the twelve-month period ending on the First Vesting Date, as follows: Excess of Trailing Twelve Month's Economic Earnings for the twelve-month period ending on the Second Vesting Date over $70,000,000: $80,000,000 - $70,000,000 = $10,000,000 Excess applied to Trailing Twelve Month's Economic Earnings for the twelve-month period ending on the First Vesting Date $60,000,000 + $10,000,000 = $70,000,000 Calculation of Catch-Up Ratio $70,000,000 / $70,000,000 = 1.0 Resulting in a Catch-Up Ratio applicable to the First Vesting Date of 1.0. Therefore, after applying Section 2.3(b), at the Second Vesting Date, the portion of Performance Shares that did not vest at the First Vesting Date will be fully vested and 100.0% of one third of the Performance Shares will have vested as of the Second Vesting Date.
Scenario D. If neither trial has shown superiority of a regimen, then the DSMB might recommend continuation of both trials unless there is very strong and consistent evidence of equivalence of the two regimens in the two trials. Such evidence might be that the RCI for the hazard ratio in each trial is entirely within the range 0.5 to 2, and the RCI for the hazard ratio in the two trials combined is entirely within the range 0.75 to 1.333. The requirement for consistency of evidence from the two trials might also involve the need for the estimated differences between NNRTI-based and PI-based therapy being in the same direction in both trials so that there is no concern that there may be a qualitative difference in which regimen might be preferred according to whether or not a woman had previously received SD NVP.

Examples of Scenario D in a sentence

  • Scenario D aimed at checking the formal quality of the output data.

  • We concluded that two 500-ft long horizontal xxxxx located on the Xxxxx property could produce approximately 220 gpm year-round and up to approximately 280 gpm during the summer months (Scenario D).

  • Some of the key trade‐offs in Scenario D operations (relative to operations with NTS) that are apparent at different locations include: − Kinbasket Reservoir: Potential improvements in Navigation, Recreation Dust and Heritage (inundation) vs.

  • Scenario D Full Time 3 years (Consecutive or Cumulative) Job Share 20 years (50%) (Consecutive or Cumulative) Total Cumulative Service: 23 years Total Cumulative Full Time Service: 3 years Teacher “D” would qualify for 50% paid benefits because he has at least fifteen (15) cumulative years of 50% service, but he does not have fifteen (15) years of (consecutive or cumulative) full time service.

Related to Scenario D

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