Common use of Number of Performance RSUs Clause in Contracts

Number of Performance RSUs. Except as otherwise provided in this Agreement and subject to adjustments permitted by the Plan, the number of Performance RSUs in which you will vest under this Agreement, if any, will be determined by multiplying (a) the sum of (i) 0.5 times the vested percentage applicable to Return on Invested Capital (“ROIC”) plus (ii) 0.5 times the vested percentage applicable to diluted Earnings Per Share (“EPS”) by (b) the number of Initial Performance RSUs. The maximum number of Performance RSUs in which you can vest is 200% of your Initial Performance RSUs and the minimum number of Performance RSUs in which you can vest is 0% of your Initial Performance RSUs.

Appears in 6 contracts

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.), Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.), Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

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Number of Performance RSUs. Except as otherwise provided in this Agreement and subject Subject to adjustments permitted by the Plan, the number of Performance RSUs in which you will vest under this Agreement, if any, will be determined by multiplying (a) the sum of (i) 0.5 0.4 times the vested percentage applicable to Return on Invested Capital (“ROIC”) plus (ii) 0.5 0.4 times the vested percentage applicable to diluted Earnings Per Share (“EPS”) plus (iii) 0.2 times the vested percentage applicable to Relative Total Shareholder Return (“TSR”) by (b) the number of Initial Performance RSUs. The maximum number of Performance RSUs in which you can vest is 200% of your Initial Performance RSUs and the minimum number of Performance RSUs in which you can vest is 0% of your Initial Performance RSUs.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (Babcock & Wilcox Co)

Number of Performance RSUs. Except as otherwise provided in this Agreement and subject to adjustments permitted by the Plan, the number of Performance RSUs in which you will vest under this Agreement, if any, will be determined by multiplying (a) the sum of (i) 0.5 0.4 times the vested percentage applicable to Earnings Before Interest, Taxes, Depreciation, and Amortization “EBITDA” plus (ii) 0.4 times the vested percentage applicable to Return on Invested Capital (“ROIC”) ), plus (iiiii) 0.5 0.2 times the vested percentage applicable to diluted Earnings Per Share relative Total Shareholder Return (“EPSTSR”) by (b) the number of Initial Performance RSUs. The maximum number of Performance RSUs in which you can vest is 200% of your Initial Performance RSUs and the minimum number of Performance RSUs in which you can vest is 0% of your Initial Performance RSUs.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (BWX Technologies, Inc.)

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Number of Performance RSUs. Except as otherwise provided in this Agreement and subject to adjustments permitted by the Plan, the number of Performance RSUs in which you will vest under this Agreement, if any, will be determined by multiplying (a) one-half of the sum of (i) 0.5 times the vested percentage applicable to Return on Invested Capital (“ROIC”) plus (ii) 0.5 times the vested percentage applicable to diluted Earnings Per Share (“EPS”) by (b) the number of Initial Performance RSUs. The maximum number of Performance RSUs in which you can vest is 200% of your Initial Performance RSUs and the minimum number of Performance RSUs in which you can vest is 0% of your Initial Performance RSUs.

Appears in 1 contract

Samples: Performance Restricted Stock Units Grant Agreement (Babcock & Wilcox Co)

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