Adjustment Based on Operating Income and ROIC. 100% of the Award (the “Operating Income and ROIC Component”) is subject to increase or forfeiture (and if forfeited the Recipient shall have no right to receive the related Common Stock) based on the Cumulative Operating Income and the Average ROIC of the Company in the Performance Period, in each case as defined below. The Operating Income and ROIC Component will be adjusted by multiplying it by the percentage set forth at the intersection of the Cumulative Operating Income and Average ROIC in the following matrix. If results are between data points, the percentage of the Award payable shall be determined by interpolation between data points. Cumulative Operating Income (2010 – 2012) ($ millions) Average ROIC (2010 – 2012) At least - 0 % 45 % 50 % 55 % 60 % - 35 % 80 % 90 % 100 % 105 % - 45 % 100 % 115 % 125 % 130 % - 55 % 110 % 135 % 145 % 155 % - 65 % 115 % 150 % 160 % 170 %
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Samples: Award Agreement, Award Agreement (Columbia Sportswear Co)
Adjustment Based on Operating Income and ROIC. 100% of the Award (the “Operating Income and ROIC Component”) is subject to increase or forfeiture (and if forfeited the Recipient shall have no right to receive the related Common Stock) based on the Cumulative Operating Income and the Average ROIC of the Company in the Performance Period, in each case as defined below. The Operating Income and ROIC Component will be adjusted by multiplying it by the percentage set forth at the intersection of the Cumulative Operating Income and Average ROIC in the following matrix. If results are between data points, the percentage of the Award payable shall be determined by interpolation between data points. Cumulative Operating Income (2010 YYYY – 2012YYYY) ($ millions) Average ROIC (2010 YYYY – 2012YYYY) At least - 0 % 45 25 % 40 % 50 % 55 % 60 % - 35 % 40 % 65 % 75 % 80 % 90 % % 65 % 90 % 100 % 110 % 120 % % 80 % 105 % - 45 % 100 % 115 % 125 % 145 % % 90 % 120 % 130 % - 55 % 110 % 135 % 145 % 155 % - 65 % 115 % 150 % 160 140 % 170 %
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Adjustment Based on Operating Income and ROIC. 100% of the Award (the “"Operating Income and ROIC Component”") is subject to increase or forfeiture (and if forfeited the Recipient shall have no right to receive the related Common Stockcash payment) based on the Cumulative Operating Income and the Average ROIC of the Company in the Performance Period, in each case as defined below. The Operating Income and ROIC Component will be adjusted by multiplying it by the percentage set forth at the intersection of the Cumulative Operating Income and Average ROIC in the following matrix. If results are between data points, the percentage of the Award payable shall be determined by interpolation between data points. Cumulative Operating Income (2010 YYYY – 2012) ($ YYYY)($ millions) Average ROIC (2010 YYYY – 2012YYYY) At least - 0 $ $ $ $ $ % 45 % 50 % 55 % 60 % - 35 % 80 % 90 % 100 % 105 % - 45 % 100 % 115 % 125 % 130 % - 55 % 110 % 135 % 145 % 155 % - 65 % 115 % 150 % 160 % 170 % % % % % %
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Adjustment Based on Operating Income and ROIC. 100% of the Award (the “"Operating Income and ROIC Component”") is subject to increase or forfeiture (and if forfeited the Recipient shall have no right to receive the related Common Stock) based on the Cumulative Operating Income and the Average ROIC of the Company in the Performance Period, in each case as defined below. The Operating Income and ROIC Component will be adjusted by multiplying it by the percentage set forth at the intersection of the Cumulative Operating Income and Average ROIC in the following matrix. If results are between data points, the percentage of the Award payable shall be determined by interpolation between data points. Cumulative Operating Income (2010 YYYY – 2012) ($ YYYY)($ millions) Average ROIC (2010 YYYY – 2012YYYY) At least - 0 $ $ $ % 45 $ % 50 % 55 % 60 % - 35 % 80 % 90 % 100 % 105 % - 45 % 100 % 115 % 125 % 130 % - 55 % 110 % 135 % 145 % 155 % - 65 % 115 % 150 % 160 % 170 % % % % % % %
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