Common use of Determining Performance Share Units Earned Clause in Contracts

Determining Performance Share Units Earned. The number of earned Performance Share Units shall be determined under the following table based on the Company’s percentile rank for the Performance Period. For purposes of this determination, the percentile rank for the Performance Period shall be rounded to three decimal points. If the percentile rank is between two stated percentages above, the Payout Percentage will be prorated accordingly.

Appears in 4 contracts

Samples: Performance Share Unit Agreement (Red Hat Inc), Performance Share Unit Agreement (Red Hat Inc), Performance Share Unit Agreement (Red Hat Inc)

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Determining Performance Share Units Earned. The number of earned Performance Share Units shall be determined under the following table based on the Company’s percentile rank for the Performance Period. 25% or less 200 % 30% 175 % 35% 150 % 40% 125 % 45% 110 % 50% 100 % 55% 90 % 60% 75 % 65% 50 % 70% 25 % More than 70% 0 % For purposes of this determination, the percentile rank for the Performance Period shall be rounded to three decimal points. If the percentile rank is between two stated percentages above, the Payout Percentage will be prorated accordingly.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Red Hat Inc)

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Determining Performance Share Units Earned. The number of earned Performance Share Units shall be determined under the following table based on the Company’s percentile rank for the Performance Period. 25% or less 200 % 30 % 175 % 35 % 150 % 40 % 125 % 45 % 110 % 50 % 100 % 55 % 90 % 60 % 75 % 65 % 50 % 70 % 25 % More than 70 % 0 % For purposes of this determination, the percentile rank for the Performance Period shall be rounded to three decimal points. If the percentile rank is between two stated percentages above, the Payout Percentage will be prorated accordingly.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Red Hat Inc)

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