Common use of Payout Range Clause in Contracts

Payout Range. The percentage of earned Performance Share Units that will ultimately vest will range from 0% to 200% based upon the final positioning of the Company’s TSR relative to the median of the Peer Companies at the end of the Performance Period. Notwithstanding the foregoing, if the Company’s TSR during the Performance Period is negative, the percentage of earned Performance Share Units shall not exceed 100%.

Appears in 7 contracts

Samples: Performance Share Unit Award Agreement (Kulicke & Soffa Industries Inc), Performance Share Unit Award Agreement (Kulicke & Soffa Industries Inc), Performance Share Unit Award Agreement (Kulicke & Soffa Industries Inc)

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