Incentive Award. Return On Equity (the "ROE") and Earnings Growth determinxx as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the ROE and Earnings Growth was calcxxxted times the Incentive Award Percentage.
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Samples: Director Incentive Retirement Agreement (First Litchfield Financial Corp)
Incentive Award. Return On Equity (the "ROEXXX") and Earnings Growth determinxx determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the ROE XXX and Earnings Growth was calcxxxted calculated times the Incentive Award Percentage.
Appears in 1 contract
Samples: Director Incentive Retirement Agreement (First Litchfield Financial Corp)
Incentive Award. Return On Equity (the "ROE") and Earnings Growth determinxx determined as of December 31 of each plan year yxxx shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the ROE and Earnings Growth was calcxxxted calculated times the Incentive Award PercentageAwarx Xercentage.
Appears in 1 contract
Samples: Director Incentive Retirement Agreement (First Litchfield Financial Corp)
Incentive Award. Return On Equity (the "ROE") and Earnings Growth determinxx determixxx as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the ROE and Earnings Growth was calcxxxted times the Incentive Award Percentage.
Appears in 1 contract
Samples: Director Incentive Retirement Agreement (First Litchfield Financial Corp)