Common use of Percentage of Performance Units Earned Clause in Contracts

Percentage of Performance Units Earned. The extent to which the Performance Units subject to the S&P 500 Tranche and the Peer Group Tranche, as applicable, 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 Units Earned 75th 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 75th percentile of comparative performance, then the number of Performance Units subject to the S&P 500 Tranche and the Peer Group Tranche, as applicable, 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 of comparative performance with respect to the S&P 500 and in the 70th percentile of comparative performance with respect to the Peer Group, then 80% of the Performance Units subject to the S&P 500 Tranche and 140% of the Performance Units subject to the Peer Group Tranche would become earned on the Vesting Date).

Percentage of Performance Units Earned. The extent to which the Performance Units subject to the S&P 500 Tranche and the Peer Group Tranche, as applicable, 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 Percentage of Performance Units Earned 75th 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 75th percentile of comparative performance, then the number of Performance Units subject to the S&P 500 Tranche and the Peer Group Tranche, as applicable, 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 of comparative performance with respect to the S&P 500 and in the 70th percentile of comparative performance with respect to the Peer Group, then 80% of the Performance Units subject to the S&P 500 Tranche and 140% of the Performance Units subject to the Peer Group Tranche would become earned on the Vesting Date).