Vesting Formula. Target Number of mPRSUs x (100% + ((LRCX TSR % – Index TSR %) x 2)) = mPRSUs vested (subject to the maximum in the Payout Range) • Target Number of mPRSUs is vested if the LRCX TSR % equals the Index TSR % • Number of mPRSUs vested increases by 2% of target for each 1% that the LRCX TSR % exceeds the Index TSR % • Number of mPRSUs vested decreases by 2% of target for each 1% that the LRCX TSR % trails the Index TSR % • The result of the Vesting Formula is rounded down to the nearest whole number • LRCX TSR % (LRCX 50-trading day average closing price as of the last trading day of the Performance Period – LRCX 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) ÷ (LRCX 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) x 100 • Index TSR % (Index 50-trading day average closing price as of the last trading day of the Performance Period – Index 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) ÷ (Index 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) x 100 • The LRCX TSR % calculation excludes any dividends paid on the Company’s common stock. • All Index TSR % calculations are based on the companies traded on the Index as of the applicable dates
Vesting Formula. Employees who leave the Employer shall receive fully vested payout or transfer of all pension contributions and the interest earned by those contributions.
Vesting Formula. Target Number of mPRSUs x (100% + ((LRCX TSR % – Index TSR %) x 2)) = mPRSUs vested (subject to the maximum in the Payout Range) • Target Number of mPRSUs is vested if the LRCX TSR % equals the Index TSR % • Number of mPRSUs vested increases by 2% of target for each 1% that the LRCX TSR % exceeds the Index TSR % • Number of mPRSUs vested decreases by 2% of target for each 1% that the LRCX TSR % trails the Index TSR % • The result of the Vesting Formula is rounded down to the nearest whole number (LRCX 50-trading day average closing price as of the last trading day of the Performance Period – LRCX 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) ÷ (LRCX 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) x 100 (Index 50-trading day average closing price as of the last trading day of the Performance Period – Index 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) ÷ (Index 50-trading day average closing price on the trading day immediately prior to the beginning of the Performance Period) x 100 • The LRCX TSR % calculation excludes any dividends paid on the Company’s common stock. • All Index TSR % calculations are based on the companies traded on the Index as of the applicable dates
Vesting Formula. If the Trustee makes a distribution (other than a cash-out distribution described in Section 5.04) to a partially-Vested Participant, and the Participant has not incurred a Forfeiture Break in Service at the relevant time, the provisions of this Section 5.03(A) apply to the Participant's Account Balance. At any relevant time following the distribution, the Plan Administrator will determine the Participant's Vested Account Balance derived from Employer contributions in accordance with the following formula: P(AB + D) - D. To apply this formula, "P" is the Participant's current vesting percentage at the relevant time, "AB" is the Participant's Employer-derived Account Balance at the relevant time and "D" is the amount of the earlier distribution. If, under a restated Plan, the Plan has made distribution to a partially-Vested Participant prior to its restated Effective Date and is unable to apply the cash-out provisions of Section 5.04 to that prior distribution, this special vesting formula also applies to that Participant's remaining Account Balance. The Employer, in an Addendum to its Adoption Agreement, may elect to modify this formula to read as follows: P(AB + (R x D)) - (R x D). For purposes of this alternative formula, "R" is the ratio of "AB" to the Participant's Employer-derived Account Balance immediately following the earlier distribution.
Vesting Formula. Best Buy’s TSR % is then compared to the S&P 500 TSR %. For Performance from 50th Percentile to 75th Percentile, vesting is determined based on the following formula: (Best Buy TSR% - S&P 50th Percentile TSR%) = Performance Share Vesting (S&P 75th Percentile TSR% - S&P 50th Percentile TSR%) For Performance from the 75th Percentile to the Average of Top Quartile, vesting is determined based on the following formula:
Vesting Formula. Target Number of mPRSUs x (100% + ((LRCX TSR % - Index TSR %) x 2)) = mPRSUs vested (subject to the maximum in the Payout Range)
Vesting Formula. Counsel who leave the Employer shall receive fully vested payout or transfer of all pension contributions and the interest earned by those contributions.
Vesting Formula. An eligible employee shall be entitled to a percentage of vacation entitlement based on the number of weeks the employee works in a calendar year, in accordance with the following: 26 100 Percent 19 73 25 96 18 69 24 92 17 65 23 88 16 61 22 84 15 57 21 80 14 53 20 76 13 50 12 or fewer 0 Vesting begins on January 1st of the year following the employee’s hire date.
Vesting Formula. If the Trustee makes a distribution (other than a cash-out distribution described in Section 5.04) to a partially-Vested Participant, and the Participant has not incurred a Forfeiture Break in Service at the relevant time, the provisions of this Section 5.03(A) apply to the Participant's Account Balance. At any relevant time following the distribution, the Plan Administrator will determine the Participant's Vested Account Balance derived from Employer contributions in accordance with the following formula: P(AB + D) - D.
