Performance Factor. FPL desires to provide an incentive to the QS to operate the Facility during on-peak and off-peak periods in a manner which approximates the projected performance of FPL’s Avoided Unit. A formula to achieve this objective is attached as Appendix B.
Performance Factor. For each Interruption, TVA will calculate a Performance Factor as follows: Performance Factor (%) = ( 1 – ( Average Noncompliant Load ) ) x 100 Where
Performance Factor. GULF POWER desires to provide an incentive to the QS to operate the Facility during on-peak and off-peak periods in a manner which approximates the projected performance of GULF POWER’s Avoided Unit. A formula to achieve this objective is attached as Appendix B.
Performance Factor. The resulting performance scores for each of the Business Units will then be multiplied by a weighting factor, which shall be a fraction or decimal equivalent, determined by dividing the net earned premiums generated by such Business Unit during the Fiscal Year by the net earned premiums generated by all of the Business Units comprising the Core Business in the aggregate. Subject to paragraph 3(c) of this Agreement, the sum of these weighted performance scores will be the Performance Factor for the Fiscal Year.
Performance Factor. DEF desires to provide an incentive to the RF/QF to operate the Facility during on-peak and off-peak periods in a manner that approximates the projected performance of the Avoided Unit. A formula to achieve this objective is attached as Appendix A.
Performance Factor. The Performance Factor is a multiple that is determined by comparing the Performance Result and the Performance Target pursuant to the formula determined by the Committee each year of the Award.
Performance Factor. If MFI does not achieve the [*] Sealy Premium Product BOS and Sealy Premium Product is not Competitive, then there shall be a determination of which party is "more in breach." If Sealy's Performance Factor is a greater percentage than MFI's Performance Factor percentage, then MFI shall be deemed to be in breach. If MFI's Performance Factor is a greater percentage than or equal to Sealy's Performance Factor percentage, then Sealy shall be deemed to be in breach for purposes of Premium Products under Section 6 and 7 of this Agreement. The following are various illustrations of possible Performance Factor scenarios in practical terms: [*] Sealy is not in breach; MFI is in breach because its Sealy Premium Product BOS is below the requisite [*] minimum. [*] Sealy is in breach because its performance against the other National Brand Premium Product is less than 100%, but MFI is "more in breach" because MFI's Sealy Premium Product BOS is at [*] of the BOS target, while Sealy's percentage performance is better at [*] vis a vis the other National Brand Premium Product. [*] Sealy is in breach because its performance rate is only [*] against the other brand and MFI is achieving a greater [*] of its Sealy Premium Product minimum BOS.
Performance Factor. The Performance Factor will be determined as follows: Relative Total Shareholder Return (TSR) 75% 30th Percentile 60th Percentile 90th Percentile __________________________ * The performance levels achieved between the threshold and target levels, or the target and maximum levels noted above will be a percentage or percentile based on a straight-line interpolation. • The Performance Factor may be decreased or increased (including above 200%) by the Committee in its discretion taking into account all factors the Committee deems relevant, including changes to the Peer Group occurring during the Performance Period, anomalies in trading during the applicable trading days or other business performance matters that the Committee determines to impact the Performance Factor. • If the performance result for a Performance Goal does not meet the threshold level for that Performance Goal, the PSUs subject to that Performance Goal will not be eligible to vest in accordance with this Agreement, even if the combined Performance Factor that may be achieved by combing the results of the two Performance Goals would have resulted in Performance Factor above the threshold level. • If the Performance Factor is deemed to be achieved at any level below the threshold level set forth within the table above, the Performance Factor will be deemed to be 0%. • In the event of a Change in Control, the Committee shall determine the Performance Factor as of the date of such Change in Control. If a Performance Goal may not be determinable with reasonable certainty at the time of the Change in Control, the Committee will determine the applicable Performance Factor by starting with a target Performance Factor of 100%, but adjusted that percentage by taking into account any other factors deemed relevant to the Change in Control by the Committee.
Performance Factor. The actual number of Performance Shares earned by the Grantee, subject to the continued vesting requirement set forth in Section 3(b) of this Agreement, shall be determined by multiplying the Performance Factor (as defined in Exhibit A hereto) for the period commencing on January 1, 2015 and ending on December 31, 2016 (the “Measurement Period”) by the Target Performance Shares, with the actual Performance Factor to be determined upon the later of (i) the date on which the audit of the Company’s financial statements for 2015 is completed and (ii) the date on which the audit of the Company’s financial statements for 2016 is completed (such later date, the “Determination Date”). Subject to Section 3(d)(i) of this Agreement, the number of Performance Shares determined pursuant to this Section 3(a) shall be the “Earned Performance Shares.”
Performance Factor. The performance factor for Increase in TSR (the “Performance Factor”) is determined utilizing the percentage in the chart below which correlates with the Company’s actual TSR percentage increase during the Performance Period from January 1, 2021 to December 31, 2023. The stock price on the first day of the Performance Period was $14.26. % Increase in ECVT TSR 25% 37% 45% 60% 105% 150% 195% Performance Factor 50% 75% 100% 125% 150% 175% 200% Threshold Target Maximum
