Payout Factor. Subject to adjustment under Sections 3, 4, 5 and 6, the number of Performance Shares to be issued to Recipient shall be determined by multiplying the Payout Factor by the Target Share Amount. The “Payout Factor” shall be equal to the sum of (a) 40% of the Cash Flow Payout Factor as determined under Section 2.2 below, plus (b) 60% of the Revenue Growth Payout Factor as determined under Section 2.3 below.
Appears in 4 contracts
Samples: Performance Unit Award Agreement (ESCO Corp), Executive Compensation Agreement (ESCO Corp), Performance Unit Award Agreement (ESCO Corp)
Payout Factor. Subject to adjustment under Sections 3, 4, 5 and 6, the number of Performance Shares to be issued to Recipient shall be determined by multiplying the Payout Factor by the Target Share Amount. The “Payout Factor” shall be equal to the sum of (a) 40% of the Cash Flow ROIC Payout Factor as determined under Section 2.2 below, plus (b) 60% of the Revenue Growth Payout Factor as determined under Section 2.3 below.
Appears in 3 contracts
Samples: Performance Agreement (ESCO Corp), Performance Unit Award Agreement (ESCO Corp), Performance Unit Award Agreement (ESCO Corp)
Payout Factor. Subject to adjustment under Sections 3, 4, 5 5, 6 and 67, the number of Performance Shares to be issued to Recipient shall be determined by multiplying the Payout Factor by the Target Share Amount. The “Payout Factor” shall be equal to the sum of (a) 4050% of the Cash Flow EBITDA Payout Factor as determined under Section 2.2 below, plus (b) 6050% of the Revenue Growth XXX Payout Factor as determined under Section 2.3 below.
Appears in 3 contracts
Samples: Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc)
Payout Factor. Subject to adjustment under Sections 3, 4, 5 and 6, the number of Performance Shares to be issued to Recipient shall be determined by multiplying the Payout Factor by the Target Share Amount. The “Payout Factor” shall be equal to the sum of (a) 4050% of the Cash Flow EPS Payout Factor as determined under Section 2.2 below, plus (b) 6050% of the Revenue Growth ROCE Payout Factor as determined under Section 2.3 below.
Appears in 3 contracts
Samples: Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc)
Payout Factor. Subject to adjustment under Sections 3, 4, 5 and 6, the number of Performance Shares to be issued to Recipient shall be determined by multiplying the Payout Factor by the Target Share Amount. The “Payout Factor” shall be equal to the sum of (a) 4050% of the Cash Flow EPS Payout Factor as determined under Section 2.2 below, plus (b) 6050% of the Revenue Growth MRB/APB ROCE Payout Factor as determined under Section 2.3 below.
Appears in 1 contract
Samples: Severance Agreement (Schnitzer Steel Industries Inc)
