Common use of Determination of Payout Percentage Clause in Contracts

Determination of Payout Percentage. As soon as administratively feasible following the close of the Performance Cycle, the Board shall determine and certify the Payout Percentage. The final Payout Percentage will be the simple average of the TUR Payout Percentage and the DCF Payout Percentage, each as determined in accordance with this Section 2.

Determination of Payout Percentage. As soon as administratively feasible practical following the close of the Performance Cycle, the Board shall determine and certify the Payout PercentageTUR Performance Percentile. The final Payout Percentage will be the simple average of the TUR Payout Percentage and of the DCF Payout Percentagefour performance periods, each as determined in accordance with this Section 2.which are defined as:

Determination of Payout Percentage. As soon as administratively feasible following the close of the Performance Cycle, the Board shall determine and certify the Payout PercentageTUR Performance Percentile. The final Payout Percentage will be the simple average of the TUR Payout Percentage and of the DCF Payout Percentagefour performance periods, each as determined in accordance with this Section 2.which are defined as:

Determination of Payout Percentage. As soon as administratively feasible practical following the close of the Performance Cycle, the Board shall determine and certify the Payout Percentage. The final Payout Percentage will be the simple average of the TUR Payout Percentage and the DCF Payout Percentage, each as determined in accordance with this Section 2.