Committee Methodology Sample Clauses

Committee Methodology. For purposes of determining the number of shares of Common Stock issuable to the Employee in respect of the Earned Performance Shares, the Committee shall:
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Committee Methodology. The RSUs and Target RSUs shall be trifurcated into three equal parts, with one-third being allocated to each Performance Period (to avoid partial shares, the portion of RSUs and Target RSUs allocated to a specific Performance Period shall be reduced to the nearest whole number, with the excess rolling forward into the next sequentially ordered Performance Period). The Committee shall calculate the number of Earned RSU’s applicable to each Performance Period as soon as reasonable practicable following expiration of the applicable Performance Period, and in all events as soon as practicable in order to determine the number of Earned RSU’s existing on the Vesting Date. Subject to Exhibit C, for purposes of determining the number of Earned RSUs for a particular Performance Period, the Committee shall:
Committee Methodology. The RSUs and Target RSUs shall be trifurcated into three equal parts, with one-third being allocated to each Performance Period (to avoid partial shares, the portion of RSUs and Target RSUs allocated to a specific Performance Period shall be reduced to the nearest whole number, with the excess rolling forward into the next sequentially ordered Performance Period). The Committee shall calculate the number of Earned RSU’s applicable to each Performance Period as soon as reasonably practicable following expiration of the applicable Performance Period and issuance of the Company’s audited financial statements for the applicable Performance Period, and in all events as soon as practicable in order to determine the number of Earned RSU’s existing on the Vesting Date. ​ Calculation of Earned RSUsSubject to Exhibit C, for the applicable Performance Period, the Committee shall calculate the number of Earned RSUs for such Performance Period as follows: ​
Committee Methodology. Subject to Exhibit C, for purposes of determining the number of RSUs that vest, the Committee shall:
Committee Methodology a. The RSUs vested and earned shall be divided into four performance periods. b. For purposes of determining the Company’s ROIC during any particular performance period, the Committee shall calculate ROIC each calendar quarter (each a measurement period) within such Performance Period, with ROIC for the applicable Performance Period equaling the average ROIC for each of the quarterly measurement periods during the Performance Period. c. For the applicable Performance Period, calculate the number of Earned RSUs for such Performance Period as follows (for the avoidance of doubt, Earned RSUs are not vested and will not become vested RSU’s until the vesting restrictions set forth in the Performance Unit Agreement are met): i. Performance Period One: Calculate ROIC for Performance Period One. Multiply 1/3 of the Target RSUs by the Multiplier, with such answer being the Earned RSUs for Performance Period One. i. Performance Period Two: Calculate ROIC for Performance Period Two. Multiply 1/3 of the Target RSUs by the Multiplier, with such answer being the Earned RSUs for Performance Period Two. ii. Performance Period Three: Calculate ROIC for Performance Period Three. Multiply 1/3 of the Target RSUs by the Multiplier, with such answer being the Earned RSUs for the Performance Period Three. iii. Performance Period Four: Calculate ROIC for Performance Period Four. Multiply the Target RSUs by the Multiplier, with such answer, reduced by the amount of Earned RSU’s attributable to the other Performance Periods (but not reduced below zero) being the Earned RSUs for Performance Period Four. d. Determine the number of Vested RSUs, which shall equal the sum of the Earned RSUs for Performance Periods One, Two, Three and Four calculated pursuant to paragraph c above. e. If any calculation with respect to the number of RSUs that are earned, and thus the number of shares of Common Stock to be issued hereunder would result in a fractional share, the number of shares of Common Stock to be issued shall be rounded down to the nearest whole share. 7 HOU:3760738.2
Committee Methodology. The RSUs shall be trifurcated into three equal parts, with one-third being allocated to each Performance Period (to avoid partial shares, the portion of RSUs allocated to a specific Performance Period shall be reduced to the nearest whole number, with the excess rolling forward into the next sequentially ordered Performance Period). The Committee shall calculate the number of Earned RSU’s applicable to each Performance Period as soon as reasonable practicable following expiration of the applicable Performance Period, and in all events as soon as practicable in order to determine the number of Earned RSU’s existing on the Vesting Date or other vesting event. Subject to Exhibit C, for purposes of determining the number of Earmed RSUs for a particular Performance Period, the Committee shall:
Committee Methodology. Subject to Exhibit C, for purposes of determining the number of RSUs that vest, the Committee shall: 2 Insert number of Target RSUs (i.e., the number of RSUs that would vest if the Payout Multiplier were 1.0).
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Committee Methodology. The Award and Target Award shall be trifurcated into three equal parts, with one-third being allocated to each Performance Period (to avoid partial shares, the portion of the Award and Target Award allocated to a specific Performance Period shall

Related to Committee Methodology

  • Methodology 1. The price at which the Assuming Institution sells or disposes of Qualified Financial Contracts will be deemed to be the fair market value of such contracts, if such sale or disposition occurs at prevailing market rates within a predefined timetable as agreed upon by the Assuming Institution and the Receiver.

  • Selection Criteria Each Contract is secured by a new or used Motorcycle. No Contract has a Contract Rate less than 1.00%. Each Contract amortizes the amount financed over an original term no greater than 84 months (excluding periods of deferral of first payment). Each Contract has a Principal Balance of at least $500.00 as of the Cutoff Date.

  • Committee Discretion The Committee has full discretion with respect to any actions to be taken or determinations to be made in connection with this Agreement, and its determinations shall be final, binding and conclusive.

  • Service Providing Methodology 1.3.1 Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific services.

  • Committee Composition The Redeployment Committee shall be comprised of equal numbers of representatives of the Hospital and of the Union. The number of representatives will be determined locally. Where for the purposes of HTAP (the Ontario Hospital Training and Adjustment Panel) there is another hospital-wide staffing and redeployment committee created or in existence, Union members of the Redeployment Committee shall serve on any such hospital-wide staffing committee established with the same or similar terms of reference, and the number of Union members on such committee will be proportionate to the number of its bargaining unit members at the particular Hospital in relation to other staff groups. Meetings of the Redeployment Committee shall be held during normal working hours. Time spent attending such meetings shall be deemed to be work time for which the representative(s) shall be paid by the Hospital at his or her regular or premium rate as may be applicable. Each party shall appoint a co-chair for the Redeployment Committee. Co-chairs shall chair alternative meetings of the Committee and will be jointly responsible for establishing the agenda of the Committee meetings, preparing minutes and writing such correspondence as the Committee may direct.

  • Committee Membership 1. Local representatives on committees specifically established by this Collective Agreement shall be appointed by the local.

  • Benchmarking 19.1 The Parties shall comply with the provisions of Framework Schedule 12 (Continuous Improvement and Benchmarking) in relation to the benchmarking of any or all of the Goods and/or Services.

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