Common use of Determination of Performance Shares Earned Clause in Contracts

Determination of Performance Shares Earned. At the target levels, 100% of the Performance Shares will be earned. At the threshold levels, 50% of the Performance Shares will be earned. Below the threshold levels of performance, no Performance Shares are earned. At the maximum levels or more, 150% of the Performance Shares will be earned. Performance between minimum and target, and between target and maximum, will earn Performance Shares on a pro-rated basis between 50% and 100%, and 100% and 150%, respectively. The amount earned will be calculated according to the following: Percent of Performance = Target X Target Shares Awarded Performance Shares Performance Shares Earned

Appears in 5 contracts

Samples: Performance Share Award Agreement (Walgreens Boots Alliance, Inc.), Performance Share Award Agreement (Walgreens Boots Alliance, Inc.), Performance Share Award Agreement (Walgreens Boots Alliance, Inc.)

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Determination of Performance Shares Earned. At the target levels, 100% of the Performance Shares will be earned. At the threshold levels, 50% of the Performance Shares will be earned. Below the threshold levels of performance, no Performance Shares are earned. At the maximum levels or more, 150% of the Performance Shares will be earned. Performance between minimum and target, and between target and maximum, will earn Performance Shares on a pro-rated basis between 50% and 100%, and 100% and 150%, respectively. The amount earned will be calculated according to the following: Percent of Performance = Target X Target Shares Awarded Performance Shares Performance Shares Earned.

Appears in 4 contracts

Samples: Performance Share Award Agreement (Walgreens Boots Alliance, Inc.), Performance Share Award Agreement (Walgreens Boots Alliance, Inc.), Performance Share Award Agreement (Walgreens Boots Alliance, Inc.)

Determination of Performance Shares Earned. At the target levels, 100% of the Performance Shares will be earned. At the threshold levels, 50% of the Performance Shares will be earned. Below the threshold levels of performance, no Performance Shares are earned. At the maximum levels or more, 150% of the Performance Shares will be earned. Performance between minimum and target, and between target and maximum, will earn Performance Shares on a pro-rated basis between 50% and 100%, and 100% and 150%, respectively. The amount earned will be calculated according to the following: Percent of Performance = Target X Target Shares Awarded Performance Shares Performance Shares Earned:

Appears in 2 contracts

Samples: Performance Share Award Agreement (Walgreens Boots Alliance, Inc.), Performance Share Award Agreement (Walgreens Boots Alliance, Inc.)

Determination of Performance Shares Earned. At the target levels, 100% of the Performance Shares will be earned. At the threshold levels, levels 50% of the Performance Shares will be earned. Below the threshold levels of performance, no Performance Shares are earned. At the maximum levels or more, 150% of the Performance Shares will be earned. Performance between minimum and target, and between target and maximum, will earn Performance Shares performance shares on a pro-rated basis between 50% and 100%, and 100% and 150%, respectively. (OPERF15) The amount earned will be calculated according to the following: Percent of Performance = Target X × Percent of Target Shares Awarded Performance Shares Performance Shares Earned

Appears in 1 contract

Samples: Performance Share Award Agreement (Walgreen Co)

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Determination of Performance Shares Earned. At the target levels, 100% of the Performance Shares will be earned. At the threshold levels, 50% of the Performance Shares will be earned. Below the threshold levels of performance, no Performance Shares are earned. At the maximum levels or more, 150% of the Performance Shares will be earned. Performance between minimum and target, and between target and maximum, will earn Performance Shares on a pro-rated basis between 50% and 100%, and 100% and 150%, respectively. The amount earned will be calculated according to the following: Percent of Performance = Target X Percent of Target Shares Awarded Performance Shares Performance Shares Earned

Appears in 1 contract

Samples: Performance Share Award Agreement (Walgreens Boots Alliance, Inc.)

Determination of Performance Shares Earned. At the target levels, 100% of the Performance Shares will be earned. At the threshold levels, levels 50% of the Performance Shares will be earned. Below the threshold levels of performance, no Performance Shares are earned. At the maximum levels or more, 150% of the Performance Shares will be earned. Performance between minimum and target, and between target and maximum, will earn Performance Shares performance shares on a pro-rated basis between 50% and 100%, and 100% and 150%, respectively. The amount earned will be calculated according to the following: Percent of Performance = Target X Target Shares Awarded Performance Shares Performance Shares Earned

Appears in 1 contract

Samples: 2013 Omnibus Incentive Plan (Walgreen Co)

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