Common use of Determination of Final Award Number Clause in Contracts

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__%) or more 75 % 125 % 150 % Company XXX Target (___%) 50 % 100 % 125 % Company XXX Minimum (___%) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

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Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Target Award Number Percentage Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__( %) or more 75 % 112.5 % 125 % 150 % Company XXX Target (___( %) 50 % 100 % 125 112.5 % Company XXX Minimum (___( %) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking ROERanking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Ranking(Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0125.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Target Award Number Percentage Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__( %) or more 75 75% 125 112.5% 150 125% Company XXX Target (___( %) 50 50% 100 100% 125 112.5% Company XXX Minimum (___( %) or less (but greater than zero) 25 25% 50 50% 75 75% Company XXX is 0% or less 0 0% 0 0% 0 0% Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: · If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. · If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. · If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. · If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. · After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. · In no event shall the Target Award Number Percentage be greater than 150.0125.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__%) or more 75 % 125 % 150 % Company XXX Target (___%) 50 % 100 % 125 % Company XXX Minimum (___%) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__( %) or more 75 % 125 % 150 % Company XXX Result Company XXX Target (___( %) 50 % 100 % 125 % (Vertical Axis) Company XXX Minimum (___( %) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 0% 0 0% 0 0% Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0125.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Committee shall measure performance with respect to these performance goals following each calendar year during the Performance Period by calculating the Target Award Number Percentage for the year in accordance with the XXX Performance Matrix and related rules below. At the end of the Performance Period, the Target Award Number Percentage for each of the three years in the Performance Period will be averaged, and the Final Award Number for each Participant will be determined by multiplying (i) the average of the three Target Award Number Percentage Percentages by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (____%) or more 75 75% 125 125% 150 150% Company XXX Target (____%) 50 50% 100 100% 125 125% Company XXX Minimum (____%) or less (but greater than zero) 25 25% 50 50% 75 75% Company XXX is 0% or less 0 0% 0 0% 0 0% Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__%) or more 75 % 125 % 150 % Company XXX Company XXX Target — % — % — % Result (___%Vertical Axis) 50 % 100 % 125 % Company XXX Minimum (___%) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group Peer Group Peer Group XXX Ranking XXX XXX Ranking Minimum Ranking Maximum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be less than 25.0%. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Committee shall measure performance with respect to these performance goals following each calendar year during the Performance Period by calculating the Target Award Number Percentage for the year in accordance with the XXX Performance Matrix and related rules below. At the end of the Performance Period, the Target Award Number Percentage for each of the three years in the Performance Period will be averaged, and the Final Award Number for each Participant will be determined by multiplying (i) the average of the three Target Award Number Percentage Percentages by (ii) the Target Award Number. The XXX PERFORMANCE MATRIX Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (____%) or more 75 % 125 % 150 % Company XXX Target (____%) 50 % 100 % 125 % Company XXX Minimum (____%) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Us Bancorp \De\)

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Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__( %) or more 75 75% 125 112.5% 150 125% Company XXX Target (___( %) 50 50% 100 100% 125 112.5% Company XXX Minimum (___( %) or less (but greater than zero) 25 25% 50 50% 75 75% Company XXX is 0% or less 0 0% 0 0% 0 0% Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0125.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) September 30, September 30, September 30, September 30, Target Award Number Percentage Company XXX Maximum (or more __%) or more 75 _% 125 ___% 150 ___% Company XXX Result Company XXX Target (___%% ___% ___% (Vertical Axis) 50 % 100 % 125 % Company XXX Minimum (or less ___%) or less (but greater than zero) 25 % 50 ___% 75 % Company XXX is 0% or less 0 % 0 % 0 ___% Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be less than 25.0%. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Committee shall measure performance with respect to these performance goals following each calendar year during the Performance Period by calculating the Target Award Number Percentage for the year in accordance with the XXX Performance Matrix and related rules below. At the end of the Performance Period, the Target Award Number Percentage for each of the three years in the Performance Period will be averaged, and the Final Award Number for each Participant will be determined by multiplying (i) the average of the three Target Award Number Percentage Percentages by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__( %) or more 75 % 125 % 150 % Company XXX Target (___( %) 50 % 100 % 125 % Company XXX Minimum (___( %) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (or more — % ___ %) or more 75 % 125 % 150 % Company XXX Target (___%) 50 % 100 % 125 % Company XXX Minimum (___%) or less (but greater than zero) 25 % 50 % 75 % Company XXX is 0% or less 0 % 0 % 0 % Peer Group Peer Group Peer Group XXX Ranking XXX XXX Ranking Minimum Ranking Maximum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be less than 25.0%. • In no event shall the Target Award Number Percentage be greater than 150.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

Determination of Final Award Number. Each Participant has been granted a number of Units equal to the Target Award Number. The Target Award Number will be adjusted upward or downward depending on (a) whether the Company XXX Result is greater or less than the Company XXX Target, and (b) the Peer Group XXX Ranking. The Final Award Number for each Participant will be determined by multiplying (i) the Target Award Number Percentage by (ii) the Target Award Number. The Target Award Number Percentage will be determined in accordance with the following XXX Performance Matrix and the related rules below: XXX PERFORMANCE MATRIX Company XXX Result (Vertical Axis) Target Award Number Percentage Company XXX Maximum (__( %) or more 75 75% 125 112.5% 150 125% Company XXX Target (___( %) 50 50% 100 100% 125 112.5% Company XXX Minimum (___( %) or less (but greater than zero) 25 25% 50 50% 75 75% Company XXX is 0% or less 0 0% 0 0% 0 0% Peer Group XXX Ranking Minimum or below Peer Group XXX Ranking Target Peer Group XXX Ranking Maximum or above Peer Group XXX Ranking (Horizontal Axis) In determining the Target Award Number Percentage in accordance with the XXX Performance Matrix, the following rules will apply: • If the Company XXX Result is greater than the Company XXX Minimum and less than the Company XXX Target, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Minimum and the Company XXX Target. • If the Company XXX Result is greater than the Company XXX Target and less than the Company XXX Maximum, the Target Award Number Percentage on the vertical axis will be determined by interpolation of the Company XXX Result between the Company XXX Target and the Company XXX Maximum. • If the Peer Group XXX Ranking is greater than the Peer Group XXX Ranking Minimum and less than the Peer Group XXX Ranking Target, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Minimum and the Peer Group XXX Target. • If the Peer Group XXX Ranking is greater than the Peer XXX Group Ranking Target and less than the Peer Group XXX Ranking Maximum, the Target Award Number Percentage on the horizontal axis will be determined by interpolation of the Peer Group XXX Ranking between the Peer Group XXX Target and the Peer Group XXX Maximum. • After the Target Award Number Percentage on each of the vertical axis and horizontal axis has been determined, the actual Target Award Number Percentage will be determined by interpolation of the data points (i.e., the percentages) set forth in the XXX Performance Matrix. • In no event shall the Target Award Number Percentage be greater than 150.0125.0%. The Final Award Number for each Participant shall be determined by the Committee on the Determination Date. The Grant Detail Award Summary of each Participant shall be amended to reflect the Final Award Number as soon as administratively feasible after the Final Award Number for such Participant is determined.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Us Bancorp \De\)

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