Performance Percentage. As of the Performance Determination Date, the Performance Percentage shall be determined in accordance with the table below based on the AGO High Stock Price in the Performance Period. If the AGO High Stock Price in the Performance Period is between prices listed on the table below, the Performance Percentage shall be determined using straight line interpolation between the percentages listed on the table below. For example, if the AGO High Stock Price determined for the Performance Period is $31, the Performance Percentage shall be 87.75%. Performance Level AGO High Stock Price in Performance Period % of Units Vesting (the “Performance Percentage”) Outstanding $36 or higher 200% Target $32 100% Threshold $28 50% < Threshold Less than $28 0% Notwithstanding anything herein to the contrary, the Performance Percentage shall be determined by the Committee and certified by the Committee in writing before any shares of Stock are delivered on or after the Delivery Date (or, if earlier, a 457A Delivery Date as defined in Exhibit A); provided, however that such determination and delivery of shares of Stock shall be made within the period commencing on the Delivery Date (or, if earlier, a 457A Delivery Date) and ending on the later to occur of: (i) the end of the calendar year in which the such date occurs and (ii) the fifteenth day of the third month following such date.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)
Performance Percentage. As of the Performance Determination Date, the Performance Percentage shall be determined in accordance with the table below based on the AGO High Stock Price in the Performance Period. If the AGO High Stock Price in the Performance Period is between prices listed on the table below, the Performance Percentage shall be determined using straight line interpolation between the percentages listed on the table below. AMECURRENT 708659810.7 20-May-14 16:13 For example, if the AGO High Stock Price determined for the Performance Period is $31, the Performance Percentage shall be 87.7583.75%. Performance Level AGO High Stock Price in Performance Period % of Units Vesting (the “Performance Percentage”) Outstanding $36 or higher 200% Target $32 100% Threshold $28 5035% < Threshold Less than $28 0% Notwithstanding anything herein to the contrary, the Performance Percentage shall be determined by the Committee and certified by the Committee in writing before any shares of Stock are delivered on or after the Delivery Date (or, if earlier, a 457A Delivery Date as defined in Exhibit A); provided, however that such determination and delivery of shares of Stock shall be made within the period commencing on the Delivery Date (or, if earlier, a 457A Delivery Date) and ending on the later to occur of: (i) the end of the calendar year in which the such date occurs and (ii) the fifteenth day of the third month following such date.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)
Performance Percentage. As of the Performance Determination Date, the Performance Percentage shall be determined in accordance with the table below based on the AGO High Stock Price in the Performance Period. If the AGO High Stock Price in the Performance Period is between prices listed on the table below, the Performance Percentage shall be determined using straight line interpolation between the percentages listed on the table below. For example, if the AGO High Stock Price determined for the Performance Period is $3120, the Performance Percentage shall be 87.7556.66%. Performance Level AGO High Stock Price in Performance Period % of Units Vesting (the “Performance Percentage”) Outstanding $36 30 or higher 200200 % Target $32 10024 100 % Threshold $28 5018 35 % < Threshold Less than $28 018 0 % Notwithstanding anything herein to the contrary, the Performance Percentage shall be determined by the Committee and certified by the Committee in writing before any shares of Stock are delivered on or after the Delivery Date (or, if earlier, a 457A Delivery Date as defined in Exhibit A); provided, however that such determination and delivery of shares of Stock shall be made within the period commencing on the Delivery Date (or, if earlier, a 457A Delivery Date) and ending on the later to occur of: (i) the end of the calendar year in which the such date occurs and (ii) the fifteenth day of the third month following such date.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)
Performance Percentage. As of the Performance Determination Date, the Performance Percentage shall be determined in accordance with the table below based on the AGO High Stock Price in the Performance Period. If the AGO High Stock Price in the Performance Period is between prices listed on the table below, the Performance Percentage shall be determined using straight line interpolation between the percentages listed on the table below. For example, if the AGO High Stock Price determined for the Performance Period is $31, the Performance Percentage shall be 87.75%. Performance Level AGO High Stock Price in Performance Period % of Units Vesting (the “Performance Percentage”) Outstanding $36 or higher 200% Target $32 100% Threshold $28 50% < Threshold Less than $28 0% Notwithstanding anything herein to the contrary, the Performance Percentage shall be determined by the Committee and certified by the Committee in writing before any shares of Stock are delivered on or after the Delivery Date (or, if earlier, a 457A Delivery Date as defined in Exhibit A); provided, however that such determination and delivery of shares of Stock shall be made within the period commencing on the Delivery Date (or, if earlier, a 457A Delivery Date) and ending on the later to occur of: (i) the end of the calendar year in which the such date occurs and (ii) the fifteenth day of the third month following such date.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)
Performance Percentage. As of the Performance Determination Date, the Performance Percentage shall be determined in accordance with the table below based on the AGO High Stock Price in the Performance Period. If the AGO High Stock Price in the Performance Period is between prices listed on the table below, the Performance Percentage shall be determined using straight line interpolation between the percentages listed on the table below. For example, if the AGO High Stock Price determined for the Performance Period is $3120, the Performance Percentage shall be 87.7556.66%. Performance Level AGO High Stock Price in Performance Period % of Units Vesting (the “Performance Percentage”) Outstanding $36 30 or higher 200% Target $32 24 100% Threshold $28 5018 35% < Threshold Less than $28 18 0% Notwithstanding anything herein to the contrary, the Performance Percentage shall be determined by the Committee and certified by the Committee in writing before any shares of Stock are delivered on or after the Delivery Date (or, if earlier, a 457A Delivery Date as defined in Exhibit A); provided, however that such determination and delivery of shares of Stock shall be made within the period commencing on the Delivery Date (or, if earlier, a 457A Delivery Date) and ending on the later to occur of: (i) the end of the calendar year in which the such date occurs and (ii) the fifteenth day of the third month following such date.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)
Performance Percentage. As of the Performance Determination Date, the Performance Percentage shall be determined in accordance with the table below based on the AGO High Stock Price in the Performance Period. If the AGO High Stock Price in the Performance Period is between prices listed on the table below, the Performance Percentage shall be determined using straight line interpolation between the percentages listed on the table below. For example, if the AGO High Stock Price determined for the Performance Period is $3145, the Performance Percentage shall be 87.75%. Performance Level AGO High Stock Price in Performance Period % of Units Vesting (the “Performance Percentage”) Outstanding $36 50 or higher 200% Target $32 46 100% Threshold $28 42 50% < Threshold Less than $28 42 0% Notwithstanding anything herein to the contrary, the Performance Percentage shall be determined by the Committee and certified by the Committee in writing before any shares of Stock are delivered on or after the Delivery Date (or, if earlier, a 457A Delivery Date as defined in Exhibit A); provided, however that such determination and delivery of shares of Stock shall be made within the period commencing on the Delivery Date (or, if earlier, a 457A Delivery Date) and ending on the later to occur of: (i) the end of the calendar year in which the such date occurs and (ii) the fifteenth day of the third month following such date.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD)