Common use of Percentage of Performance Shares Earned Clause in Contracts

Percentage of Performance Shares Earned. The extent to which Performance Shares shall become earned on the vesting date described in Section 2(a) shall be determined according to the following schedule: Relative Performance Level Percentile Percent of Performance Shares Earned 85th or higher 200 % 50th 100 % 25th 50 % Under 25th 0 % To the extent that the Corporation’s total shareholder return ranks in a percentile between the 25th and the 50th percentile, or between the 50th and the 85th percentile, of comparative performance, then the number of Performance Shares earned on the vesting date shall be determined by multiplying the relative percentile of comparative performance achieved by the Corporation by two (e.g., if the Corporation’s total shareholder return would have placed in the 40th percentile, then 80% of the Performance Shares covered by the Award become earned on the vesting date; if the Corporation’s total shareholder return would have placed in the 75th percentile, then 150% of the Performance Shares covered by the Award become earned on the vesting date).

Percentage of Performance Shares Earned. The extent to which Performance Shares shall become earned on the vesting date described in Section 2(a) shall be determined according to the following schedule: Relative Performance Level Percentile Percent of Performance Shares Earned 85th or higher 200 200% 50th 100 100% 25th 50 50% Under 25th 0 0% To the extent that the Corporation’s total shareholder return ranks in a percentile between the 25th and the 50th percentile, or between the 50th and the 85th percentile, of comparative performance, then the number of Performance Shares earned on the vesting date shall be determined by multiplying the relative percentile of comparative performance achieved by the Corporation by two (e.g., if the Corporation’s total shareholder return would have placed in the 40th percentile, then 80% of the Performance Shares covered by the Award become earned on the vesting date; if the Corporation’s total shareholder return would have placed in the 75th percentile, then 150% of the Performance Shares covered by the Award become earned on the vesting date).

Percentage of Performance Shares Earned. The extent to which Performance Shares shall become earned on the vesting date described in Section 2(a) shall be determined according to the following schedule: Relative Performance Level Percentile Percent of Performance Shares Earned RELATIVE PERFORMANCE LEVEL PERCENTILE PERCENT OF PERFORMANCE SHARES EARNED ------------------------------------- ------------------------------------ 85th or higher 200 200% 50th 100 100% 25th 50 50% Under 25th 0 0% To the extent that the Corporation’s 's total shareholder return ranks in a percentile between the 25th and the 50th percentile, or between the 50th and the 85th percentile, of comparative performance, then the number of Performance Shares earned on the vesting date shall be determined by multiplying the relative percentile of comparative performance achieved by the Corporation by two (e.g., if the Corporation’s 's total shareholder return would have placed in the 40th percentile, then 80% of the Performance Shares covered by the Award become earned on the vesting date; if the Corporation’s 's total shareholder return would have placed in the 75th percentile, then 150% of the Performance Shares covered by the Award become earned on the vesting date).

Percentage of Performance Shares Earned. The extent to which Performance Shares shall become earned on the vesting date described in Section 2(a) shall be determined according to the following schedule: Relative Performance Level Percentile Percent of Performance Shares Earned RELATIVE PERCENT OF PERFORMANCE PERFORMANCE LEVEL PERCENTILE SHARES EARNED ---------------- ------------- 85th or higher 200 200% 50th 100 100% 25th 50 50% Under 25th 0 0% To the extent that the Corporation’s 's total shareholder return ranks in a percentile between the 25th and the 50th percentile, or between the 50th and the 85th percentile, of comparative performance, then the number of Performance Shares earned on the vesting date shall be determined by multiplying the relative percentile of comparative performance achieved by the Corporation by two (e.g., if the Corporation’s 's total shareholder return would have placed in the 40th percentile, then 80% of the Performance Shares covered by the Award become earned on the vesting date; if the Corporation’s 's total shareholder return would have placed in the 75th percentile, then 150% of the Performance Shares covered by the Award become earned on the vesting date).