Performance Measure Factor Grid. Average Pre-Tax Return on Assets (1) If the levels of Performance Measures attained falls between the amounts shown above, the applicable Multiple will be determined by interpolation between the respective amounts shown above. (2) Average Earnings per Share is weighted 75% and Average Pre-Tax Return on Assets is weighted 25% to determine the applicable Multiple in the Performance Measure Factor Grid. (3) Notwithstanding the foregoing, Awarded Shares shall not be awarded to the Participant if either (i) Average Earnings per Share is less than $[•], or (ii) Average Pre-Tax Return on Assets is less than [•]%. (4) The total number of Awarded Shares that may be awarded to the Participant shall range from 0% to 150% of the Target Number of PSUs (or Pro-Rata Target Number of PSUs, if applicable) based on the application of the Performance Measure Factor Grid.
Appears in 2 contracts
Samples: Performance Share Unit Award Agreement (Cit Group Inc), Performance Share Unit Award Agreement (Cit Group Inc)
Performance Measure Factor Grid. Average Pre-Tax Return on Assets
(1) If the levels of Performance Measures attained falls between the amounts shown above, the applicable Multiple will be determined by interpolation between the respective amounts shown above.
(2) Average Earnings per Share is weighted 75% and Average Pre-Tax Return on Assets is weighted 25% to determine the applicable Multiple in the Performance Measure Factor Grid.
(3) Notwithstanding the foregoing, Awarded Shares shall not be awarded to the Participant if either (i) Average Earnings per Share is less than $[•●], or (ii) Average Pre-Tax Return on Assets is less than [•]%●]%.
(4) The total number of Awarded Shares that may be awarded to the Participant shall range from 0% to 150% of the Target Number of PSUs (or Pro-Rata Target Number of PSUs, if applicable) based on the application of the Performance Measure Factor Grid.
Appears in 2 contracts
Samples: Performance Share Unit Award Agreement (Cit Group Inc), Performance Share Unit Award Agreement (Cit Group Inc)