Revenue Growth Measurement. During the Performance Period, the Company’s Revenue Growth will be measured against the Revenue Growth of the Peer Group Companies. As soon as practicable after the Peer Group Companies have reported their Revenue Growth for the Performance Period, the Committee shall compare the Company’s Revenue Growth for the Performance Period with that of the Peer Group Companies. The Peer Group Companies will be ranked by Revenue Growth and then divided into four quartiles. The Committee will evaluate the Company’s Revenue Growth performance in light of those rankings and shall approve the issuance to the Participant a number of Revenue Growth RSUs determined as follows: (i) if the Company’s Revenue Growth performance places it in the fourth (lowest) quartile of the Peer Group Companies, no RSUs will be awarded; (ii) if the Company’s Revenue Growth performance places it in the third quartile of the Peer Group Companies, then a number of RSUs equal to 50% of the Target Revenue Growth RSU Amount will be awarded; (iii) if the Company’s Revenue Growth performance places it in the second quartile of the Peer Group Companies, then a number of RSUs equal to 100% of the Target Revenue Growth RSU Amount will be awarded; and (iv) if the Company’s Revenue Growth performance places it in the first (highest) quartile of the Peer Group Companies, then a number of RSUs equal to 150% of the Target Revenue Growth RSU Amount will be awarded.
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Samples: Executive Performance Rsu Award Agreement (Fuel Tech, Inc.), Executive Performance Rsu Award Agreement (Fuel Tech, Inc.), Executive Performance Rsu Award Agreement (Fuel Tech, Inc.)
Revenue Growth Measurement. During the Performance Period, the Company’s Revenue Growth will be measured against the Revenue Growth of the Peer Group Companies. As soon as practicable after the Peer Group Companies have reported their Revenue Growth for the Performance Period, the Committee shall compare the Company’s Revenue Growth for the Performance Period with that of the Peer Group Companies. The Peer Group Companies will be ranked by Revenue Growth and then divided into four quartiles. The Committee will evaluate the Company’s Revenue Growth performance in light of those rankings and shall approve the issuance to the Participant a number of Revenue Growth RSUs determined as follows:
(i) if the Company’s Revenue Growth performance places it in the fourth (lowest) quartile of the Peer Group Companies, no Revenue Growth RSUs will be awarded;
(ii) if the Company’s Revenue Growth performance places it in the third quartile of the Peer Group Companies, then a number of RSUs equal to 50% of the Target Revenue Growth RSU Amount will be awarded;
(iii) if the Company’s Revenue Growth performance places it in the second quartile of the Peer Group Companies, then a number of RSUs equal to 100% of the Target Revenue Growth RSU Amount will be awarded; and
(iv) if the Company’s Revenue Growth performance places it in the first (highest) quartile of the Peer Group Companies, then a number of RSUs equal to 150% of the Target Revenue Growth RSU Amount will be awarded.
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Samples: Executive Performance Rsu Award Agreement (Fuel Tech, Inc.), Executive Performance Rsu Award Agreement (Fuel Tech, Inc.)
Revenue Growth Measurement. During the Performance Period, the Company’s Revenue Growth will be measured against the Revenue Growth of the Peer Group Companies. As soon as practicable after the Peer Group Companies have reported their Revenue Growth for the Performance Period, the Committee shall compare the Company’s Revenue Growth for the Performance Period with that of the Peer Group Companies. The Peer Group Companies will be ranked by Revenue Growth and then divided into four quartilestargets set forth on Exhibit B attached. The Committee will evaluate the Company’s Revenue Growth performance in light of those rankings and shall approve the issuance to the Participant a number of Revenue Growth RSUs determined as follows:
(i) if the Company’s Revenue Growth performance places it in fails to meet the fourth (lowest) quartile threshold level of the Peer Group CompaniesRevenue Growth as set forth on Exhibit B, no RSUs will be awarded;
(ii) if the Company’s Revenue Growth performance places it in meets the third quartile threshold level of the Peer Group CompaniesRevenue Growth as set forth on Exhibit B, then a number of RSUs equal to 50% of the Target Revenue Growth RSU Amount for the applicable Performance Period will be awarded;; and
(iii) if the Company’s Revenue Growth performance places it in meets the second quartile target level of the Peer Group CompaniesRevenue Growth as set forth on Exhibit B, then a number of RSUs equal to 100% of the Target Revenue Growth RSU Amount for the applicable Performance Period will be awarded; and
(iv) if . To the extent that the Company’s Revenue Growth performance places it in for an applicable Performance Period is more than the first (highest) quartile threshold amount but less than the target amount of the Peer Group CompaniesRevenue Growth set forth on Exhibit B, then a the number of Revenue Growth RSUs earned by the Participant for such Performance Period shall equal the sum of (i) the threshold award set forth in Section 4(a)(ii) above, plus (ii) that number of Revenue Growth RSUs equal to 150% the product of (A) the Target positive difference between the target award set forth in Section 4(a)(iii) and the threshold award set forth in Section 4(a)(ii), multiplied by (B) a fraction, the numerator of which is the amount by which the Revenue Growth RSU Amount will for the applicable Performance Period exceeded the threshold amount, and the denominator of which is the sum obtained by subtracting the threshold amount from the target amount for such Performance Period. The result so obtained shall be awardedrounded up or down to the nearest multiple of 100.
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Samples: Executive Performance Rsu Agreement (Fuel Tech, Inc.)