Award Percentage definition

Award Percentage means the percentage shown for the Participant in the “Award Percentage” column of Table 1 on Exhibit A at the Performance Level which is achieved for the applicable Performance Goal as reflected in the “Performance Level” column of Table 2 on Exhibit A. If the actual performance for a Performance Goal falls between the Threshold and Target Performance Levels or between the Target and Superior Performance Levels, the Award Percentage shall be interpolated between the Award Percentage for the Threshold and Target Performance Levels or between the Target and Superior Performance Levels, as the case may be, as determined by the Committee in its sole discretion. The Award Percentage for the Individual Performance Component will be determined by the Committee in its sole discretion after consideration of the Chief Executive Officer’s assessment of the Participant’s performance of individual scorecard objectives and contribution to the organization as a whole.
Award Percentage means a percentage determined pursuant to the table set forth below based on the Company’s Performance Percentile. Performance Percentile Award Percentage 75 or higher 200 % 70 180 % 60 140 % 50 100 % 40 80 % 30 60 % 25 50 % Lower than 25 0 % Note: To the extent the Performance Percentile is in between the percentiles listed in the table above, the applicable Award Percentage will be interpolated. For example, if the Performance Percentile is 55, then the Award Percentage would be 120%. Notwithstanding the foregoing table, if the Company’s Total Shareholder Return is less than zero (0), then the Award Percentage will be determined pursuant to the table set forth above, but in such case, the Award Percentage shall not exceed 100%.
Award Percentage means the following based upon the corresponding Achievement Level: Achievement Level Award Percentage Less than 50th percentile 0% 50th percentile 50% 75th percentile or above 130% If the Achievement Level is above the 50th percentile and below the 75th percentile, the Award Percentage shall be determined by linear interpolation.

Examples of Award Percentage in a sentence

  • To fulfill the purposes provided in Indiana Code § 5-28-1-1 and Indiana Code § 6–3.1–30, and in accordance with the terms and conditions contained herein, the IEDC is awarding a tax credit under the Headquarters Relocation Tax Credit program of up to the maximum of (i) the Maximum Credit, or (2) the Award Percentage of the Company’s qualifying Relocation Costs, as defined by Indiana Code § 6-3.1-30-5, whichever is less, with respect to the relocation of the Company’s headquarters.


More Definitions of Award Percentage

Award Percentage means the percentage of an Entitled Employee’s Salary derived from the table contained in Appendix “A”. The Award Percentages applicable to an Entitled Employee, as set out in the table in Appendix “A”, shall be recommended by the CEO and approved by the Committee.
Award Percentage means the percentage of the Award Pool granted to a Participant pursuant to an Award as provided in Section 5.
Award Percentage for a Bonus Year shall mean a percentage of Base Salary used to determine a Participant's Bonus Award which is the sum of the Award Percentages determined as provided in Schedule A for such Bonus Year;
Award Percentage for a Bonus Year shall mean a percentage of Base Salary used to determine a Participant's Bonus Award which is the sum of the FFO Award Percentage, the Peer Companies Award Percentage and the Performance Award Percentage;
Award Percentage means a percentage based on the table contained in Schedule I and calculated in accordance with the formulae contained in Schedule I;
Award Percentage means the maximum percentage of the Incentive Reserve that a Covered Employee may receive for a Year in which the Covered Employee is eligible to participate in the Plan, as determined by the Committee.
Award Percentage means the award percentage set forth on Exhibit B hereto. Such Exhibit may be modified from time to time by the Committee to reflect changes in Exhibit C hereto.