Minimum and Maximum Performance Levels. As a condition of payment of the Award, your Total Performance Score must reach 40 or above; Total Performance Scores of 0 through 39.99 (Below Threshold) shall not result in the payment of any portion of your Award. The maximum Total Performance Score you may be assigned shall not exceed 200, nor may the payout of your Award exceed 200% of your Target Award amount.
Appears in 3 contracts
Samples: Executive Annual Incentive Award Agreement (W&t Offshore Inc), Executive Annual Incentive Award Agreement (W&t Offshore Inc), Executive Annual Incentive Award Agreement (W&t Offshore Inc)
Minimum and Maximum Performance Levels. As a condition of payment of the Award, your Total Performance Score must reach 40 or above; Total Performance Scores of 0 through 39.99 (Below Threshold) shall not result in the payment of any portion of your Award. The maximum Total Performance Score you may be assigned shall not exceed 200, nor may the payout of your Award exceed 200% of your Target Award amount.
Appears in 2 contracts
Samples: Executive Annual Incentive Award Agreement (W&t Offshore Inc), Executive Annual Incentive Award Agreement (W&t Offshore Inc)
Minimum and Maximum Performance Levels. As a condition of payment of the Award, your Total Performance Score must reach 40 50 or above; Total Performance Scores of 0 through 39.99 49.99 (Below Threshold) shall not result in the payment of any portion of your Award. The maximum Total Performance Score you may be assigned shall not exceed 200, nor may the payout of your Award exceed 200% of your Target Award amount.
Appears in 1 contract
Samples: Executive Annual Incentive Award Agreement (W&t Offshore Inc)
