Common use of Earned Percentage Clause in Contracts

Earned Percentage. Except as otherwise provided in Section 6 below, the Employee shall be entitled to a benefit payment under this Agreement equal to the specified percentage (the “Earned Percentage”) of the Benefit Amount. The Earned Percentage of an amount equal to one-half of the Units covered by this Agreement (the “ROIC Units”) shall be determined in accordance with the provisions of subsection (a) of this Section 4, and the Earned Percentage of an amount equal to the other one-half of the Units covered by this Agreement (the “RTSR Units”) shall be determined in accordance with the provisions of subsection (b) of this Section 4.

Appears in 3 contracts

Samples: Performance Unit Award Agreement (Goodrich Corp), Performance Unit Award Agreement (Goodrich Corp), Performance Unit Award Agreement (Goodrich Corp)

AutoNDA by SimpleDocs

Earned Percentage. Except as otherwise provided in Section 6 and Section 7 below, the Employee shall be entitled to a benefit payment under this Agreement equal to the specified percentage (the “Earned Percentage”) of the Benefit Amount. The Earned Percentage of an amount equal to one-half of the Units covered by this Agreement (the “ROIC Units”) shall be determined in accordance with the provisions of subsection (a) of this Section 4, and the Earned Percentage of an amount equal to the other one-half of the Units covered by this Agreement (the “RTSR Units”) shall be determined in accordance with the provisions of subsection (b) of this Section 4.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Goodrich Corp), Performance Unit Award Agreement (Goodrich Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.