Calculation of the. Adjusted Performance Shares Subject to the provisions in the Agreement, effective as of the last day of the Performance Period (the “Vesting Date”), the Company’s “Total Shareholder Return” will be calculated and compared to the same calculated total shareholder return of the selected group of peer companies that are listed below. As soon as administratively practicable following the Vesting Date, the number of Performance Shares that vest under the Agreement will be determined in accordance with the payout percentage that is based on the Company’s relative ranking with the peer companies as shown in the table below (such number, the “Adjusted Performance Shares”). For purposes of this calculation, the Company’s total shareholder return and that of the peer companies will be adjusted if necessary for stock splits, and the percentage increase or decrease will be calculated as follows: (EP + CD) - BP = % increase or decrease BP Ending price (EP) - equals the average closing price of a share of Common Stock during the twenty (20) day trading period ending December 31, 2021. Beginning price (BP) - equals the average closing price of a share of Common Stock during the twenty (20) day trading period ending December 31, 2018. Cash Dividends (CD) - equals the cash dividends paid on a share of Common Stock during the Performance Period. A similar calculation will also be performed for each peer company. The resulting percentage for the Company and the peer companies will then be ranked. Based on the relative ranking, the number of Performance Shares that vest under the Agreement will be determined in accordance with the following table: Percentile Ranking Payout as a % of Award >90th Percentile 200% 50th Percentile 100% 25th Percentile 25% <25th Percentile 0% Percentile ranks between the percentiles described above would be interpolated. Based on a peer group of 13 companies (including the Company), this results in a payout schedule as follows: Rank Payout (as a % of Award) 1-2 200% 3 183% 4 163% 5 142% 6 121% 7 100% 8 75% 9 50% 10 25% 11-13 0% Peer Companies Xxxxxx Petroleum (CPE) Carrizo Oil & Gas (CRZO) Centennial Resource Development (CDEV) High Point Resources (HPR) Jagged Peak Energy (JAG) Laredo Petroleum (LPI) Matador Resources (MTDR) Oasis Petroleum (OAS) Parsley Energy (PE) PDC Energy (PDCE) QEP Resources (QEP) SM Energy (SM) SRC Energy (SRC) If the Total Shareholder Return of the Company is negative, then the maximum number of Adjusted Performance Shares...
Calculation of the. FINAL AMOUNT OF THE CONTRIBUTION TO BE PAID BY THE EUIPO The EUIPO shall adopt the amount of the final payment to be granted to the IPO on the basis of the approved Execution Reports. The total amount paid to the IPO by the EUIPO may not in any circumstances exceed the maximum amount referred to in Article 3 of the Special Conditions of the Agreement. Without prejudice to the right to terminate the Agreement under Article 4, if the project is not implemented or is implemented poorly, partially or late, the EUIPO may reduce the amount initially provided for in line with the actual implementation of the project on the terms laid down in this Agreement. The exact implementation conditions are referenced in Annex III. On the basis of the amount of the final payment determined in this way and of the aggregate amount of the payments already made under the terms of the Agreement, the EUIPO shall set the amount of the payment of the balance as being the amount still owing to the IPO. Where the aggregate amount of the payments already made exceeds the amount of the final amount to be paid, the EUIPO shall issue a recovery order for the surplus. For the purposes of this Article, only eligible activities and costs falling within the categories set out in the estimated budget referred to in Article 18.1 presented in Annex III shall be taken into account.
Calculation of the. SMOKE VALUES
Calculation of the acceleration All accelerations are calculated using different speeds of the vehicle on the test track. Depending on the type of transmission the acceleration is either calculated between the lines AA' and BB' or between the lines PP' and BB' as specified below. The method used for the calculation of the acceleration shall be indicated in the test report.
Calculation of the. ADDITIONAL COMPENSATION multiplying the difference in the volume of annual sales by 1.5% (one and a half percent) only all according to the value of the Company's dollar rate. The Compensation will be paid according to the representative rate of the dollar as known at the time of payment.
Calculation of the. Consideration --------------------------------
Calculation of the. N-1 formula Definition of the N-1 formula The N – 1 formula describes the ability of the technical capacity, as defined in Article 2(1)(18) of Regulation (EC) No 715/2009, of the gas infrastructure to satisfy total gas demand in the calculated area in the event of disruption of the single largest gas infrastructure during a day of exceptionally high gas demand occurring with a statistical probability of once in 20 years. Gas infrastructure shall cover the gas transmission network including interconnectors as well as production, LNG and storage facilities connected to the calculated area. The technical capacity of all remaining available gas infrastructure in the event of disruption of the single largest gas infrastructure shall be at least equal to the sum of the total daily gas demand of the calculated area during a day of exceptionally high gas demand occurring with a statistical probability of once in 20 years. The results of the N – 1 formula, as calculated below, shall be at least equal to 100 %.
