Common use of PSP Clause in Contracts

PSP. In the PSP at an opportunity equal to 150% of Base Salary if targets are reached at 100%, or such greater percentage if provided in the PSP for any measurement period.

Appears in 7 contracts

Samples: Employment Agreement (Teledyne Technologies Inc), Employment Agreement (Teledyne Technologies Inc), Employment Agreement (Teledyne Technologies Inc)

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PSP. In the PSP at an opportunity equal to 150300% of Base Salary if targets are reached at 100%, or such greater percentage if provided in the PSP for any measurement period. The applicable percentage for Executive’s current 2018-2020 PSP award shall be prorated, with this increased percentage effective as of January 1, 2019.

Appears in 1 contract

Samples: Employment Agreement (Teledyne Technologies Inc)

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