Common use of Cash Flow Performance Factor Clause in Contracts

Cash Flow Performance Factor. The Cash Flow Performance Factor will be determined by comparing the Corporation’s cumulative Cash Flow during the Performance Period to the Cash Flow Target, and then identifying the Cash Flow Performance Factor based upon the factor associated with the change from the Cash Flow Target on the following table: Cash Flow Band Cash Flow Performance Factor Target + ≥ $2.0B 200% (Maximum) Target + $1.5B 175% Target + $1.0B 150% Target + $0.5B 125% Target 100% Target – $0.2B 75% Target - $0.5B 50% Target - $0.7B 25% (Threshold)

Appears in 2 contracts

Samples: Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp)

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Cash Flow Performance Factor. The Cash Flow Performance Factor will be determined by comparing the Corporation’s cumulative Cash Flow during the Performance Period to the Cash Flow Target, and then identifying the Cash Flow Performance Factor based upon the factor associated with the change from the Cash Flow Target on the following table: Cash Flow Band Cash Flow Performance Factor Target + ≥ $2.0B ≥$2.0B 200% (Maximum) Target + $1.5B 175% Target + $1.0B 150% Target + $0.5B 125% Target 100% Target – $0.2B 75% Target - $0.5B 50% Target - $0.7B 25% (Threshold)

Appears in 2 contracts

Samples: Award Agreement (Lockheed Martin Corp), Award Agreement (Lockheed Martin Corp)

Cash Flow Performance Factor. The Cash Flow Performance Factor will be determined by comparing the Corporation’s cumulative Cash Flow during the Performance Period to the Cash Flow Target, and then identifying the Cash Flow Performance Factor based upon the factor associated with the change from the Cash Flow Target on the following table: Cash Flow Band Cash Flow Performance Factor Target + ≥ $2.0B or more 200% (Maximum) Target + $1.5B 175% Target + $1.0B 150% Target + $0.5B 125% Target 100% Target – $0.2B 75% Target - $0.5B 50% Target - $0.7B 25% (Threshold)

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp)

Cash Flow Performance Factor. The Cash Flow Performance Factor will be determined by comparing the Corporation’s cumulative Cash Flow during the Performance Period to the Cash Flow Target, and then identifying the Cash Flow Performance Factor based upon the factor associated with the change from the Cash Flow Target on the following table: Cash Flow Band Cash Flow Performance Factor Target + ≥ $2.0B ≥$2.0B or more 200% (Maximum) Target + $1.5B 175% Target + $1.0B 150% Target + $0.5B 125% Target 100% Target – $0.2B 75% Target - $0.5B 50% Target - $0.7B 25% (Threshold)

Appears in 1 contract

Samples: Award Agreement (Lockheed Martin Corp)

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Cash Flow Performance Factor. The Cash Flow Performance Factor will be determined by comparing the Corporation’s cumulative Cash Flow during the Performance Period to the Cash Flow Target, and then identifying the Cash Flow Performance Factor based upon the factor associated with the change from the Cash Flow Target on the following table: Cash Flow Band Cash Flow Performance Factor 120% of Target + ≥ $2.0B 200% (Maximum) Target + $1.5B 175% Target + $1.0B 150% Target + $0.5B 125% Cash Flow Target 100% 85% of Target – $0.2B 75% Target - $0.5B 50% Target - $0.7B 25% (Threshold)) Award Date: February 25, 2021

Appears in 1 contract

Samples: Award Agreement (Lockheed Martin Corp)

Cash Flow Performance Factor. The Cash Flow Performance Factor will be determined by comparing the Corporation’s cumulative Cash Flow during the Performance Period to the Cash Flow Target, and then identifying the Cash Flow Performance Factor based upon the factor associated with the change from the Cash Flow Target on the following table: Cash Flow Band Cash Flow Performance Factor 120% of Target + ≥ $2.0B 200% (Maximum) Target + $1.5B 175% Target + $1.0B 150% Target + $0.5B 125% Cash Flow Target 100% 85% of Target – $0.2B 75% Target - $0.5B 50% Target - $0.7B 25% (Threshold)

Appears in 1 contract

Samples: Award Agreement (Lockheed Martin Corp)

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