Performance Multiplier. If the Company’s Adjusted Non-GAAP EBITDA for the Performance Measurement Period equals or exceeds the Target performance level ($ million), the Company, or the Committee with respect to grants to employees who are Covered Employees, shall increase the number of Units earned pursuant to Section 2.1 by multiplying the earned Units by a Performance Multiplier. The applicable Performance Multiplier shall be determined based on the achievement of the Performance Goals described in the table below. Market Share % of Comparator Group Market Share % of Comparator Group Market Share 100 % 160 % Revenue Growth (YOY in $millions) 100 % 140 % If the Company’s Market Share at the conclusion of the Performance Measurement Period equals or is less than the Threshold Market Share ( % of Comparator Group Market Share), no Performance Multiplier shall apply to the Market Share portion. If the Company’s Market Share at the conclusion of the Performance Measurement Period exceeds the Threshold Market Share ( % of Comparator Group Market Share), but is less than the Stretch Market Share ( % of Comparator Group Market Share), the applicable Performance Multiplier will be determined by applying straight line interpolation between the Threshold Performance Multiplier (100%) and Stretch Performance Multiplier (160%). If the Company’s Market Share at the conclusion of the Performance Measurement Period equals or exceeds the Stretch Market Share ( % of Comparator Group Market Share), the Performance Multiplier shall be 160%. Similarly, if the Company’s Revenue for the Performance Measurement Period equals or is less than the Threshold Revenue ( million), no Performance Multiplier shall apply to the Revenue portion. If the Company’s Revenue for the Performance Measurement Period exceeds the Threshold Revenue ( million) but is less than the Stretch Revenue ( million), the applicable Performance Multiplier will be determined by applying straight line interpolation between the Threshold Performance Multiplier (100%) and Stretch Performance Multiplier (140%). If the Company’s Revenue for the Performance Measurement Period equals or exceeds the Stretch Revenue ($ million), the Performance Multiplier shall be 140%. Whether the Market Share Goal and/or Revenue Goal for the Performance Measurement Period have been achieved shall be determined by the Company or Committee, as applicable, pursuant to Section 2.8 below.
Performance Multiplier. The Performance Multiplier shall be determined by reference to achievement of the performance goals for the applicable performance period as set forth in Exhibit A. The Performance Multiplier may range from zero to a maximum of 200% of the Target Award. In the event the Committee determines that the Performance Multiplier equals zero, all RSUs will be forfeited automatically on such date and all the rights of Participant to such RSUs shall immediately terminate.
Performance Multiplier. The Performance Multiplier as of any date shall be determined based on the Company’s highest cumulative Adjusted Diluted EPS in any four completed consecutive fiscal quarters during the Performance Period (as determined by the Committee). In the event the highest cumulative Adjusted Diluted EPS in any four completed consecutive fiscal quarters is (i) less than $5.40 per share, the Performance Multiplier shall equal 0, (ii) equal to $5.40 per share, the Performance Multiplier shall equal 0.50, (iii) equal to or greater than $6.00 per share, the Performance Multiplier shall equal 1.00 and (iv) between $5.40 per share and $6.00 per share, the Performance Multiplier shall be determined based on linear interpolation between the levels set forth in clauses (ii) and (iii) and as shown, solely for purposes of illustration, in the table below.
Performance Multiplier. The Performance Multiplier shall be determined by reference to the Performance Measures, goals and weightings established by the Committee for purposes of funding the 2011 VeriSign Performance Plan (the “2011 VPP”) and shall be equal to the funding percentage for the 2011 VPP determined by the Committee following its certification of the achievement of the levels of performance against the Performance Measures. The Performance Multiplier may range from zero to a maximum of 150%. In the event the Committee determines that the Performance Multiplier equals zero, all RSUs will be forfeited automatically on such date and all the rights of the Participant to such RSUs shall immediately terminate.
Performance Multiplier. The Performance Multiplier shall be determined by reference to the Performance Measures, goals and weightings established by the Committee for purposes of funding the [INSERT YEAR] VeriSign Performance Plan (the “[INSERT YEAR] VPP”) and shall be equal to the funding percentage for the [INSERT YEAR] VPP determined by the Committee following its certification of the achievement of the levels of performance against the Performance Measures. The Performance Multiplier may range from zero to a maximum of 150%. In the event the Committee determines that the Performance Multiplier equals zero, all RSUs will be forfeited automatically on such date and all the rights of the Participant to such RSUs shall immediately terminate.
Performance Multiplier. The Performance Multiplier shall be determined by reference to achievement of the performance goals for the Performance Period as set forth in Exhibit A – Performance Goals and Payout Scale for Performance Based RSUs.
Performance Multiplier. The Target Award shall be subject to a performance multiplier (the “Multiplier”) based on the Fair Market Value of a Unit on the Vesting Date. This Multiplier shall be equal to [__________]. The Target Award will be multiplied by the Multiplier and the product will be the final “Award” that is subject to settlement as described below. As illustration of the Multiplier is attached as Exhibit A for informational purposes only.
Performance Multiplier. (a) The number of Performance Stock Units that may become vested pursuant to the vesting calculation in Section 3 is determined by the "Performance Multiplier" described on Exhibit 1 attached hereto. The Performance Multiplier is determined and calculated by using a "point system" that compares the Company's actual _____ and ________ for fiscal years 20XX, 20XX, 20XX and 20XX to pre-established performance goals established by the Committee. For purposes of this Agreement, "operating profit" shall mean the Company's earnings before interest, taxes and amortization. Following the close of each fiscal year, the Committee will compare the Company's performance to the pre-established performance goals to determine the number of points that are earned. The points will be added and the total divided by 100 to determine the Performance Multiplier that will apply to the original Performance Stock Units. The Participant shall only receive points for a fiscal year if the Participant is employed on the relevant Certification Date, as defined in Section 3(a).
(b) In calculating the Performance Multiplier, the Committee shall determine the Company's __________ and __________ in accordance with generally accepted accounting principles; provided that the Committee shall make appropriate adjustments (as determined by the Committee in its sole discretion) to the pre-established performance goals to eliminate the effects of acquisitions, divestitures and similar transactions.
(c) The Committee's determination shall be final, conclusive and binding on the Company and the Participant.
Performance Multiplier. (a) The number of Performance Stock Units that may become vested pursuant to the vesting calculation in Section 3 is determined by the “Performance Multiplier” described on Exhibit 1 attached hereto. The Performance Multiplier is determined and calculated by using a “point system” that compares the Company’s actual ______ and _______ for fiscal years 20XX, 20XX, 20XX and 20XX to pre-established performance goals established by the Committee. For purposes of this Agreement, the Performance Targets shall be defined in Exhibit 1. Following the close of each fiscal year, the Committee will compare the Company’s performance to the pre-established performance goals to determine the number of points that are earned. The points will be added and the total divided by 100 to determine the Performance Multiplier that will apply to the original Performance Stock
Performance Multiplier
