Performance Matrix. The number of Restricted Stock Units that become eligible to vest (the “Eligible Restricted Stock Units”) will depend upon the Company’s Adjusted Operating Income as of the Period End Date, as described herein. The number of Eligible Restricted Stock Units will be determined by the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) in its sole discretion within forty-five (45) days of the Period End Date.
Performance Matrix. From 0% to 200% of the Target PSUs will be earned based on achievement of the RTSR Performance Goal during the Performance Period as follows: Performance Level Relative Total Shareholder Return Target PSUs Earned Threshold Ranked below or at 25th percentile 0% Above Threshold Ranked at 35th percentile 50% Target Ranked at 50th percentile 100% Intermediate Ranked at 65th percentile 150% Maximum Ranked at or above 80th percentile 200%
Performance Matrix. CONTRACTOR shall perform the work and provide the deliverables as more particularly described in the Performance Matrix, attached as Exhibit A, and the Payment Schedule, attached as Exhibit C. Deliverables provided by CONTRACTOR to COMMISSION pursuant to this Contract are subject to COMMISSION’s approval and final acceptance, including review and approval by COMMISSION’s Research and Evaluation Quality Assurance Committee, as detailed in the Quality Assurance Principles and Dispute Resolution Process, attached as Exhibit D. COMMISSION may amend the Performance Matrix throughout the term of this Contract.
Performance Matrix. The following terms shall apply to the Award of Restricted Stock Units granted to the Participant identified in the Notice of Grant attached as Part I of the Award Agreement to which this Performance Matrix is attached. Unless otherwise defined herein, capitalized terms shall have the meanings set forth in the Plan or Award Agreement, as applicable. Performance Metrics [INSERT PERFORMANCE METRICS] Definitions [INSERT APPLICABLE DEFINITIONS] Award Determination and Payout [INSERT ADDITIONAL DETAILS, IF ANY] The actual number of Restricted Stock Units that will vest under the Award Agreement, if any, upon achievement of the performance metric will be rounded down to the nearest whole number so as to avoid fractional shares. Any Restricted Stock Units that do not vest based on achievement against the performance metric, as determined by the Administrator, will be immediately forfeited and returned to the Plan share reserve.
Performance Matrix. If Performance is: Applicable Percentage: Less than 90% of Performance Objective 0% 90% of Performance Objective 50% 95% of Performance Objective 75% 100% of Performance Objective 100% 125% of Performance Objective or greater 125% In the event actual performance for any fiscal year falls between any threshold listed in the chart above (e.g. 91% of Performance Objective), then the Applicable Percentage shall be adjusted accordingly using a straight line method of interpolation (e.g. if actual performance is at 91% of Performance Objective, then the Applicable Percentage shall be 55%; if actual performance is 92% of Performance Objective, then the Applicable Percentage shall be 60%, etc.). Executive’s annual bonus with respect to the Company’s current fiscal year ending September 30, 2005 (“FY 2005”), shall be based on the Company’s bonus plan in effect as of the date hereof, as set forth on Section 4.10(a) of the Company Disclosure Schedule to the Merger Agreement.
Performance Matrix. From 0% to 200% of the PSUs will be earned based on achievement of the Core Net Income and ROIC performance goals during the PSU Performance Period as follows: PSU Award – Performance Goals Performance Level Threshold Target Maximum Percentage of PSUs Earned 50% 100% 200% Core Net Income CAGR [__]% [__]% [__]% ROIC Weighted Average [__]% [__]% [__]% If Core Net Income or ROIC for the PSU Performance Period falls between two performance levels set forth in the performance matrix above, the number of PSUs earned with respect to such performance metric will be determined based on straight-line mathematical interpolation (rounded down to the nearest whole number of PSUs). If Core Net Income or ROIC for the PSU Performance Period falls below the “Threshold” level set forth in the performance matrix above, no PSUs shall become earned with respect to that metric.
Performance Matrix. The number of Restricted Stock Units (“RSU”), if any, in which you may vest in accordance with the Vesting Schedule will depend upon the Company’s Stock Price Performance as compared to the NASDAQ Telecom Stock Price Performance for the Performance Period and will be determined in accordance with Section 1 of Appendix A.
Performance Matrix. The following terms shall apply to the Award of Restricted Stock Units granted to the Participant identified in the Notice of Grant attached as Part I of the Award Agreement to which this Performance Matrix is attached. Unless otherwise defined herein, capitalized terms shall have the meanings set forth in the Plan or Award Agreement, as applicable. Performance Metrics [INSERT PERFORMANCE METRICS] Definitions [INSERT APPLICABLE DEFINITIONS] Award Determination and Payout [INSERT ADDITIONAL DETAILS, IF ANY] The actual number of Restricted Stock Units that will vest under the Award Agreement, if any, upon achievement of the performance metric will be rounded down to the nearest whole number so as to avoid fractional shares. Any Restricted Stock Units that do not vest based on achievement against the performance metric, as determined by the Administrator, will be immediately forfeited and returned to the Plan share reserve. Treatment on Change in Control [INSERT TREATMENT ON CHANGE IN CONTROL]
Performance Matrix. Subject to the Maximum PBRSU Limit, and subject to Section 4 of this Exhibit A, as an initial measurement, from 0% to 400% of the PBRSUs will be initially-earned based on achievement with respect to Total Shareholder Return performance for the Stock during the Performance Period as follows (such initially-earned amount, the “Initially-Earned PBRSUs”): Performance Level Total Shareholder Return for the Stock Initially-Earned PBRSUs Below Threshold Below 12.20% 0 % Threshold 12.20% 100 % Maximum 23.86% or above 400 %
Performance Matrix. The number of Restricted Stock Units in which you may vest will depend upon the Company’s Stock Price Performance as compared to the XCMP Performance for the Performance Period and will be determined in accordance with the rules set forth in Appendix A. In addition, the vesting, if any, of the Restricted stock Units will also depend on your continued service as set forth in Section 3 of Appendix A and, following a Fundamental Transaction, the provisions of Section 4 of Appendix A.
