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

Earning and Forfeiture of LTC Award. The Participant can earn between 0% and 150% of the target amount of the LTC Award granted hereunder. The portion of the LTC Award that is earned shall be determined based on the achievement of performance targets established by the Committee. Any portion of the LTC Award that is not earned in accordance with this Paragraph B.3 shall be forfeited and cancelled. Subject to the terms and conditions set forth herein, the LTC Award shall be earned as follows:

Earning and Forfeiture of LTC Award. The Participant can earn between 0% and 150% a specified percentage of the target amount of the LTC Award granted hereunder. The portion of the LTC Award that is earned shall be , determined based on the achievement of performance targets targets, and in accordance with a performance scale, established by the Committee. Any portion of the LTC Award that is not earned in accordance with this Paragraph B.3 shall be forfeited and cancelled. Subject to the terms and conditions set forth herein, the LTC Award shall be earned as follows: