Common use of Earning Calculation Clause in Contracts

Earning Calculation. If, upon the conclusion of the Performance Period, the Management Objectives equal or exceed the threshold levels set forth in the Performance Matrix, a proportionate number of the Performance Shares shall become earned, as determined by mathematical interpolation and rounded up to the nearest whole share.

Appears in 6 contracts

Samples: Supplemental Performance Share Award Agreement (Aci Worldwide, Inc.), Ltip Performance Shares Agreement (Aci Worldwide, Inc.), Supplemental Ltip Performance Shares Agreement (Aci Worldwide, Inc.)

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Earning Calculation. If, upon the conclusion of the Performance Period, the applicable Management Objectives equal Objective equals or exceed exceeds the threshold levels level set forth in the performance matrix contained in the Statement of Performance Goals (the β€œPerformance Matrix”), a proportionate number of the Performance Shares shall become earnedearned for the applicable Management Objective, as determined by mathematical interpolation and rounded up to the nearest whole share.

Appears in 1 contract

Samples: Performance Share Award Agreement (Aci Worldwide, Inc.)

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