Application of Performance Condition. (i) The total number of shares of Restricted Stock awarded will be multiplied by the Performance Factor identified on the Restricted Stock Payout Schedule that corresponds to the Corporation’s relative ranking in relation to the Peer Group and the Index, and the weightings assigned thereto, to determine the number of shares of Restricted Stock earned. The Restricted Stock Payout Schedule is attached hereto as Exhibit B.
Appears in 3 contracts
Samples: Performance Award Agreement (Bank of New York Mellon CORP), Performance Award Agreement (Bank of New York Mellon CORP), Performance Award Agreement (Bank of New York Mellon CORP)
Application of Performance Condition. (i) The total number of shares of Restricted Stock awarded will be multiplied by the Performance Factor identified on the Restricted Stock Payout Schedule that corresponds to the Corporation’s relative ranking in relation to the Peer Group and the Index, and the weightings assigned thereto, to determine the number of shares of Restricted Stock earned. The Restricted Stock Payout Schedule is attached hereto as Exhibit B.
Appears in 1 contract
Samples: Performance Share Award Agreement (Mellon Financial Corp)