Common use of ROIC Performance Factor Clause in Contracts

ROIC Performance Factor. The ROIC Performance Factor will be determined by comparing the Corporation’s ROIC for the Performance Period to the ROIC Target and then identifying the ROIC Performance Factor based upon the factor associated with the difference on the following table: ROIC Band ROIC Performance Factor Target +≥ 160 basis points 200% (Maximum) Target + 120 basis points 175% Target + 80 basis points 150% Target + 40 basis points 125% Target 100% Target – 10 basis points 75% Target – 20 basis points 50% Target – 30 basis points 25% (Threshold)

Appears in 5 contracts

Samples: Long Term Incentive Performance Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp)

AutoNDA by SimpleDocs

ROIC Performance Factor. The ROIC Performance Factor will be determined by comparing the Corporation’s ROIC for the Performance Period to the ROIC Target and then identifying the ROIC Performance Factor based upon the factor associated with the difference percentage of ROIC Target on the following table: ROIC Band ROIC Performance Factor 112% of Target +≥ 160 basis points 200% (Maximum) Target + 120 basis points 175% Target + 80 basis points 150% Target + 40 basis points 125% ROIC Target 100% 90% of Target – 10 basis points 75% Target – 20 basis points 50% Target – 30 basis points 25% (Threshold)

Appears in 3 contracts

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp), Long Term Incentive Performance Award Agreement (Lockheed Martin Corp)

ROIC Performance Factor. The ROIC Performance Factor will be determined by comparing the Corporation’s ROIC for the Performance Period to the ROIC Target and then identifying the ROIC Performance Factor based upon the factor associated with the difference percentage of ROIC Target on the following table: ROIC Band ROIC Performance Factor 112% of Target +≥ 160 basis points 200% (Maximum) Target + 120 basis points 175% Target + 80 basis points 150% Target + 40 basis points 125% ROIC Target 100% 90% of Target – 10 basis points 75% Target – 20 basis points 50% Target – 30 basis points 25% (Threshold)

Appears in 3 contracts

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp), Long Term Incentive Performance Award Agreement (Lockheed Martin Corp), Long Term Incentive Performance Award Agreement (Lockheed Martin Corp)

ROIC Performance Factor. The ROIC Performance Factor will be determined by comparing the Corporation’s ROIC for the Performance Period to the ROIC Target and then identifying the ROIC Performance Factor based upon the factor associated with the difference percentage of ROIC Target on the following table: Award Date: February 25, 2021 ROIC Band ROIC Performance Factor 112% of Target +≥ 160 basis points 200% (Maximum) Target + 120 basis points 175% Target + 80 basis points 150% Target + 40 basis points 125% ROIC Target 100% 90% of Target – 10 basis points 75% Target – 20 basis points 50% Target – 30 basis points 25% (Threshold)

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp)

AutoNDA by SimpleDocs

ROIC Performance Factor. The ROIC Performance Factor will be determined by comparing the Corporation’s ROIC for the Performance Period to the ROIC Target and then identifying the ROIC Performance Factor based upon the factor associated with the difference on the following table: Award Date: February 27, 2020 ROIC Band ROIC Performance Factor Target +≥ 160 basis points 200% (Maximum) Target + 120 basis points 175% Target + 80 basis points 150% Target + 40 basis points 125% Target 100% Target – 10 basis points 75% Target – 20 basis points 50% Target – 30 basis points 25% (Threshold)

Appears in 1 contract

Samples: Long Term Incentive Performance Award Agreement (Lockheed Martin Corp)

ROIC Performance Factor. The ROIC Performance Factor will be determined by comparing the Corporation’s ROIC for the Performance Period to the ROIC Target and then identifying the ROIC Performance Factor based upon the factor associated with the difference percentage of ROIC Target on the following table: ROIC Band ROIC Performance Factor Award Date: February 22, 2024 112% of Target +≥ 160 basis points 200% (Maximum) Target + 120 basis points 175% Target + 80 basis points 150% Target + 40 basis points 125% ROIC Target 100% 90% of Target – 10 basis points 75% Target – 20 basis points 50% Target – 30 basis points 25% (Threshold)

Appears in 1 contract

Samples: Long Term Incentive Performance Award Agreement (Lockheed Martin Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!