Common use of Operational Performance Calculation Methodology Clause in Contracts

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 200 % Target 100 % Threshold 50 % Below Threshold 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, including consideration of whether the Company’s Ratio of Debt to Total Capitalization at the end of the Performance Period exceeds 35%.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (KEMPER Corp), Performance Share Unit Award Agreement (KEMPER Corp)

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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 Shares to Vest (and/or Additional Shares to be Granted) on Vesting Date as Percentage of Target Units Shares Maximum 200 200% Target 100 100% Threshold 50 50% Below Threshold 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, including consideration of whether the Company’s Ratio of Debt to Total Capitalization at the end of the Performance Period exceeds 35%.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (KEMPER Corp)

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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 RSUs to Vest (and/or Additional Shares to be Granted) on Vesting Date as Percentage of Target Units Shares Maximum 200 % Target 100 % Threshold 50 % Below Threshold 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, including consideration of whether the Company’s Ratio of Debt to Total Capitalization at the end of the Performance Period exceeds 35%.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp)

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