Common use of Average Operating Profit Clause in Contracts

Average Operating Profit. Up to <XX>% of the Performance Share Target Award may be earned upon achievement of the Average Operating Profit target for the Performance Period, in accordance with the following schedule. The Committee will certify Average Operating Profit and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Average Operating Profit Target ($ Millions) Percentage of Target Award Performance Shares Earned Below Threshold: Below $ 0% Threshold: $ % Target: $ % Maximum: $ or above % The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as set forth on Schedule A.

Average Operating Profit. Up to <XX>% [XXX%] of the Performance Share Target Award may be earned upon achievement of the Average Operating Profit target for the Performance Period, in accordance with the following schedule. The Committee will certify Average Operating Profit and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Average Operating Profit Target ($ Millions) Percentage of Target Award Performance Shares Earned Below Threshold: Below $ $XXXX 0% Threshold: $ % $XXXX XX% Target: $ % $XXXX XX% Maximum: $ $XXXX or above % XXX% The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as set forth on Schedule A.

Average Operating Profit. Up to <XX>% of the Performance Share Target Award may be earned upon achievement of the Average Operating Profit target for the Performance Period, in accordance with the following schedule. The Committee will certify Average Operating Profit and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Average Operating Profit Target ($ Millions) Percentage of Target Award Performance Shares Earned Below Threshold: Below $ 0% Threshold: $ % Target: $ % Maximum: $ or above % The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as set forth on Schedule A.