Operational Performance Calculation Methodology. The following table shows the Maximum, Target and Threshold Performance Levels for the Company’s Operational Performance Results: Level of Achievement for Performance Period Operational Performance Results Total PSUs to Vest (and/or Additional Shares to be Granted) on Vesting Date as Percentage of Target Units Maximum 10.0% 200% Target 8.5% 100% Threshold 7.0% 50% Below Threshold Under 7.0% 0% At the conclusion of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the formula and methods described below. For performance that falls between the percentage points specified in the second column of the above table, the total PSUs to vest and/or Additional Shares to be granted shall be interpolated on a straight-line basis.
Appears in 5 contracts
Samples: Performance Share Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp)
Operational Performance Calculation Methodology. The following table shows the Maximum, Target and Threshold Performance Levels for the Company’s Operational Performance Results: Level of Achievement for Performance Period Operational Performance Results Total PSUs to Vest (and/or Additional Shares to be Granted) on Vesting Date as Percentage of Target Units Maximum 10.0% 200200 % Target 8.5% 100100 % Threshold 7.0% 5050 % Below Threshold Under 7.0% 00 % At the conclusion of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the formula and methods described below. For performance that falls between the percentage points specified in the second column of the above table, the total PSUs to vest and/or Additional Shares to be granted shall be interpolated on a straight-line basis.
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Samples: Performance Share Unit Award Agreement (KEMPER Corp)