Common use of Participant Retention Achievement Bank Clause in Contracts

Participant Retention Achievement Bank. In order to retain participants designated as eligible to participate in XXXX for the 2006-2008, the 2007-2009, the 2008-2010, the 2009-2011, the 2010-2012 the 2011-2013 and the 2012-2014 Performance Period (“Banking Performance Period(s)”), for those Performance Periods, XXXX Payments will be made under this Participant Retention Achievement Bank provision if greater than the XXXX Payment otherwise due under the XXXX for the relevant Banking Performance Periods. The aggregate amount in the Participant Retention Achievement Bank shall be equal to the sum of the three amounts (none less than 0) determined as of the close of each year in the relevant Banking Performance Period by taking the amount of Earnings for that year multiplied by three and determining the Level 1 amount due for that level of achievement for the entire three year, relevant Banking Performance Period(s) and then dividing the XXXX Payment due under the foregoing clause by three. The resulting amount will be one of the three amounts added together (one for each year in the relevant Banking Performance Period) to comprise the aggregate Participant Retention Achievement Bank. The amount of the XXXX Payment due to any individual Participant for the relevant Banking Performance Period will be equal to the amount determined by multiplying the Participant Retention Achievement Bank by a fraction, the numerator of which is the Xxxxx 0 XXXX Payment due to that Participant if actual performance for the relevant Banking Performance Period was at the 1X Threshold Reference and the denominator of which is the sum of all payments due at Level 1 for 1X achievement for all Participants for the relevant Banking Performance Period.

Participant Retention Achievement Bank. In order to retain participants designated as eligible to participate in XXXX for the 2006-2008, the 2007-2009, the 2008-2010, the 2009-2011, the 2010-2012 and the 2011-2013 and the 2012-2014 Performance Period (“Banking Performance Period(s)”), for those Performance Periods, XXXX Payments will be made under this Participant Retention Achievement Bank provision if greater than the XXXX Payment otherwise due under the XXXX for the relevant Banking Performance Periods. The aggregate amount in the Participant Retention Achievement Bank shall be equal to the sum of the three amounts (none less than 0) determined as of the close of each year in the relevant Banking Performance Period by taking the amount of Earnings for that year multiplied by three and determining the Level 1 I amount due for that level of achievement for the entire three year, relevant Banking Performance Period(s) and then dividing the XXXX Payment due under the foregoing clause by three. The resulting amount will be one of the three amounts added together (one for each year in the relevant Banking Performance Period) to comprise the aggregate Participant Retention Achievement Bank. The amount of the XXXX Payment due to any individual Participant for the relevant Banking Performance Period will be equal to the amount determined by multiplying the Participant Retention Achievement Bank by a fraction, the numerator of which is the Xxxxx 0 Level I XXXX Payment due to that Participant if actual performance for the relevant Banking Performance Period was at the 1X Threshold Reference and the denominator of which is the sum of all payments due at Level 1 I for 1X achievement for all Participants for the relevant Banking Performance Period.

Participant Retention Achievement Bank. In order to retain participants designated as eligible to participate in XXXX for the 2006-2008, the 2007-2009, the 2008-2010, the 2009-2011, 2011 and the 2010-2012 the 2011-2013 and the 2012-2014 Performance Period (“Banking Performance Period(s)”), for those Performance Periods, XXXX Payments will be made under this Participant Retention Achievement Bank provision if greater than the XXXX Payment otherwise due under the XXXX for the relevant Banking Performance Periods. The aggregate amount in the Participant Retention Achievement Bank shall be equal to the sum of the three amounts (none less than 0) determined as of the close of each year in the relevant Banking Performance Period by taking the amount of Earnings for that year multiplied by three and determining the Level 1 amount due for that level of achievement for the entire three year, relevant Banking Performance Period(s) and then dividing the XXXX Payment due under the foregoing clause by three. The resulting amount will be one of the three amounts added together (one for each year in the relevant Banking Performance Period) to comprise the aggregate Participant Retention Achievement Bank. The amount of the XXXX Payment due to any individual Participant for the relevant Banking Performance Period will be equal to the amount determined by multiplying the Participant Retention Achievement Bank by a fraction, the numerator of which is the Xxxxx 0 XXXX Payment due to that Participant if actual performance for the relevant Banking Performance Period was at the 1X Threshold Reference and the denominator of which is the sum of all payments due at Level 1 for 1X achievement for all Participants for the relevant Banking Performance Period.

Participant Retention Achievement Bank. In order to retain participants designated as eligible to participate in XXXX for the 2006-2008, the 2007-2009, the 2008-2010, the 2009-2011, the 2010-2012 the 2011-2013 2008 and the 2012-2014 each subsequent Performance Period (“Banking Performance Period(s)”), for those Performance Periods, XXXX Payments will be made under this Participant Retention Achievement Bank provision if greater than the XXXX Payment otherwise due under the XXXX for the relevant Banking Performance Periods. The aggregate amount in the Participant Retention Achievement Bank shall be equal to the sum of the three amounts (none less than 0) determined as of the close of each year in the relevant Banking Performance Period by taking the amount of Earnings for that year multiplied by three and determining the Level 1 amount due for that level of achievement for the entire three year, relevant Banking Performance Period(s) and then dividing the XXXX Payment due under the foregoing clause by three. The resulting amount will be one of the three amounts added together (one for each year in the relevant Banking Performance Period) to comprise the aggregate Participant Retention Achievement Bank. The amount of the XXXX Payment due to any individual Participant for the relevant Banking Performance Period will be equal to the amount determined by multiplying the Participant Retention Achievement Bank by a fraction, the numerator of which is the Xxxxx 0 XXXX Payment due to that Participant if actual performance for the relevant Banking Performance Period was at the 1X Threshold Reference and the denominator of which is the sum of all payments due at Level 1 for 1X achievement for all Participants for the relevant Banking Performance Period.

Participant Retention Achievement Bank. In order to retain participants designated as eligible to participate in XXXX for the 2006-2008, the 2007-2009, the 2008-2010, 2010 and the 2009-2011, the 2010-2012 the 2011-2013 and the 2012-2014 2011 Performance Period (“Banking Performance Period(s)”), for those Performance Periods, XXXX Payments will be made under this Participant Retention Achievement Bank provision if greater than the XXXX Payment otherwise due under the XXXX for the relevant Banking Performance Periods. The aggregate amount in the Participant Retention Achievement Bank shall be equal to the sum of the three amounts (none less than 0) determined as of the close of each year in the relevant Banking Performance Period by taking the amount of Earnings for that year multiplied by three and determining the Level 1 amount due for that level of achievement for the entire three year, relevant Banking Performance Period(s) and then dividing the XXXX Payment due under the foregoing clause by three. The resulting amount will be one of the three amounts added together (one for each year in the relevant Banking Performance Period) to comprise the aggregate Participant Retention Achievement Bank. The amount of the XXXX Payment due to any individual Participant for the relevant Banking Performance Period will be equal to the amount determined by multiplying the Participant Retention Achievement Bank by a fraction, the numerator of which is the Xxxxx 0 XXXX Payment due to that Participant if actual performance for the relevant Banking Performance Period was at the 1X Threshold Reference and the denominator of which is the sum of all payments due at Level 1 for 1X achievement for all Participants for the relevant Banking Performance Period.