Common use of PSU Award Clause in Contracts

PSU Award. Fifty percent (50%) of the PSU Award is based upon achievement of core net income growth rate performance goals (“Net Income”) for the Performance Period, and fifty percent (50%) of the PSU Award is based upon achievement of return on invested capital performance goals (“ROIC”) for the Performance Period. Subject to Section 5 of this Agreement, at the end of the Performance Period, the Committee will evaluate the Company's attained levels of performance with respect to Net Income and ROIC to determine the number of whole PSUs earned, if any, by Participant (the “Earned PSUs”). The Committee will determine Participant's total Earned PSUs for such period by reference to the following performance matrix: PSU Award - Performance Goals Threshold Target Maximum Earned PSUsPayout Levels 50% 100% 200% Core Net Income: 3-year compound annual growth rate (10)% 6% 15% ROIC: 3-year weighted average* 10% 13% 16% *lowest-year ROIC weighted 20%, remaining years weighted 40% each If, at the end of the Performance Period, the threshold, target or maximum performance goal set forth in the performance matrix above has been attained for either or both of the Net Income or ROIC performance goals, Participant will vest in Earned PSUs as provided in the performance matrix set forth above. If the attained level of performance for either performance goal is between the threshold and target, or between the target and maximum, performance goals set forth in the performance matrix above, Earned PSUs for such performance goal will be determined on an interpolated basis.

PSU Award. Fifty percent (50%) of the PSU Award is based upon achievement of core net income growth rate performance goals (“Net Income”) for the Performance Period, and fifty percent (50%) of the PSU Award is based upon achievement of return on invested capital performance goals (“ROIC”) for the Performance Period. Subject to Section 5 of this Agreement, at the end of the Performance Period, the Committee will evaluate the Company's ’s attained levels of performance with respect to Net Income and ROIC to determine the number of whole PSUs earned, if any, by Participant (the “Earned PSUs”). The Committee will determine Participant's ’s total Earned PSUs for such period by reference to the following performance matrix: PSU Award - — Performance Goals Threshold Target Maximum Earned PSUsPayout PSUs Payout Levels 5050 % 100100 % 200200 % Core Net Income: 3-year compound annual growth rate (10)% 6% 15% ROIC: 3-year weighted average* 10% 13% 16% ** lowest-year ROIC weighted 20%, remaining years weighted 40% each If, at the end of the Performance Period, the threshold, target or maximum performance goal set forth in the performance matrix above has been attained for either or both of the Net Income or ROIC performance goals, Participant will vest in Earned PSUs as provided in the performance matrix set forth above. If the attained level of performance for either performance goal is between the threshold and target, or between the target and maximum, performance goals set forth in the performance matrix above, Earned PSUs for such performance goal will be determined on an interpolated basis.

PSU Award. Fifty percent (50%) of the PSU Award is based upon achievement of core net income growth rate performance goals (“Net Income”) for the Performance Period, and fifty percent (50%) of the PSU Award is based upon achievement of return on invested capital performance goals (“ROIC”) for the Performance Period. Subject to Section 5 of this Agreement, at the end of the Performance Period, the Committee will evaluate the Company's ’s attained levels of performance with respect to Core Net Income and ROIC to determine the number of whole PSUs earned, if any, by Participant (the “Earned PSUs”). The Committee will determine Participant's total Earned PSUs for such period by reference to the following performance matrix: PSU Award - Performance Goals Threshold Target Maximum Earned PSUsPayout Levels 50% 100% 200% Core Net Income: 3-year compound annual growth rate (10)% 6% 1512% 22% ROIC: 3-year weighted average* 1014% 1320% 1626% *lowest-year ROIC weighted 20%, remaining years weighted 40% each If, at the end of the Performance Period, the threshold, target or maximum performance goal set forth in the performance matrix above has been attained for either or both of the Core Net Income or ROIC performance goalsROIC, Participant will vest in Earned PSUs as provided in the performance matrix set forth abovematrix. If the attained level of performance for either performance goal is between the threshold and target, or between the target and maximum, performance goals set forth in the performance matrix above, Earned PSUs for such performance goal will be determined on an interpolated basisby linear interpolation.

PSU Award. Fifty percent (50%) of the PSU Award is based upon achievement of core net income growth rate performance goals (“Net Income”) for the Performance Period, and fifty percent (50%) of the PSU Award is based upon achievement of return on invested capital performance goals (“ROIC”) for the Performance Period. Subject to Section 5 of this Agreement, at the end of the Performance Period, the Committee will evaluate the Company's ’s attained levels of performance with respect to Net Income and ROIC to determine the number of whole PSUs earned, if any, by Participant (the “Earned PSUs”). The Committee will determine Participant's ’s total Earned PSUs for such period by reference to the following performance matrix: PSU Award - – Performance Goals Threshold Target Maximum Earned PSUsPayout PSUs Payout Levels 5050 % 100100 % 200200 % Core Net Income: 3-year compound annual growth rate (10)% 6-5 % 156 % 15 % ROIC: 3-year weighted average* 1015 % 1319 % 1623 % *lowest-year ROIC weighted 20%, remaining years weighted 40% each If, at the end of the Performance Period, the threshold, target or maximum performance goal set forth in the performance matrix above has been attained for either or both of the Net Income or ROIC performance goals, Participant will vest in Earned PSUs as provided in the performance matrix set forth above. If the attained level of performance for either performance goal is between the threshold and target, or between the target and maximum, performance goals set forth in the performance matrix above, Earned PSUs for such performance goal will be determined on an interpolated basis.