Common use of Earning and Forfeiture of LTC Award Clause in Contracts

Earning and Forfeiture of LTC Award. (a) The Participant can earn a specified percentage of the target amount of the LTC Award granted hereunder, equal to the product of (i) the target amount of the LTC Award set forth in the Award Summary, and (ii) the Relative TSR Performance Factor.

Appears in 8 contracts

Samples: Terms and Conditions (Pepsico Inc), Performance Stock (Pepsico Inc), Terms and Conditions (Pepsico Inc)

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Earning and Forfeiture of LTC Award. (a1) The Participant can earn a specified percentage of the target amount of the LTC Award granted hereunder, equal to the product of (i) the target amount of the LTC Award set forth in the Award Summary, and (ii) the Relative TSR Performance Factor.

Appears in 1 contract

Samples: Terms and Conditions (Pepsico Inc)

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