Examples of Award Maximum in a sentence
Subject to the terms, definitions and provisions of this PSU Award and the Plan, Participant will be entitled to receive a number of shares of Shares equal to the number of Earned PSUs (subject to the Award Maximum).
Subject to the Award Maximum, the total number of PSUs that may be earned pursuant to the PSU Award in accordance with this Agreement shall range from 0% to 350% of the Target PSUs.
The maximum vacation awarded in any 12 month period and the maximum accumulations permitted are as follows: Years of Service 12-month Award Maximum Equivalent of Days Number Maximum Accumulation 1 – 5 80 hours 10 320 hrs.
Minimum Award No PSUs Threshold Award 50% of PSUs at Target Award Maximum Award 200% of PSUs at Target Award The actual number of PSUs that become eligible for vesting shall be determined by the Committee, in its sole discretion, in accordance with Appendix A.
The level of performance established by the Grantor, which must be achieved in order to earn or vest the applicable Minimum Award, Target Award, Maximum Award or intermediate level of Award Items.
Total TEL Award (Maximum $10,000) First Term Voucher Amount Request$This space for lender use onlySecond Term Voucher Amount Request$This space for lender use onlyNOTE: Upon acceptance and approval of loan by HEAB, initial term voucher amount will be processed, unless specifically requested to not process.
In the event the Company achieves the Bonus Award Maximum Performance Goal, then all of the Performance Rights shall vest and the entire Bonus Award shall be payable.
The following table shall apply for calculating this Award: Maximum [●] [●] percentile Target [●] [●] percentile Threshold [●] [●] percentile The maximum percentage by which the Participant’s Target Number of RSUs is multiplied cannot exceed [●] and no RSUs shall vest unless the Company’s Relative Total Shareholder Return performance for the specified period is at least equal to the Threshold performance Level.
In the event the Company achieves the Bonus Award Maximum Total Shareholder Return Goal, then all of the Return Based Rights shall vest and the entire Bonus Award shall be payable.
The Bonus Award Performance Goals are as follows: aggregate Fully-Diluted Earnings Per Share of the Company for fiscal years 2008, 2009 and 2010: Bonus Award Minimum Performance Goal > than $ 3.30 Bonus Award Maximum Performance Goal $ 3.62 Achievement of the Bonus Award Performance Goals will be measured when the Company’s Fully-Diluted Earnings Per Share for fiscal year 2010 is released to the public.