Earned Amount definition

Earned Amount means the number of RSUs earned with respect to the Award based on the level of achievement of the Performance Goals or otherwise in accordance with this Award Agreement.

Earned Amount means an agency’s allocation multiplied by the agency’s weighted earned level for an individual perfor- mance measure.

Earned Amount means that amount of the 1996 Earned Amount (if any) and that amount of the 1997 Earned Amount (if any) that has been Determined, or is subject to being Determined, under this Note.

Examples of Earned Amount in a sentence

• The amount of cash (if any) to be issued in connection with the Cash Payment shall be calculated by multiplying the Earned Amount by [ ]%.

• The number of shares (if any) to be issued in connection with the Stock Issuance (the “Shares”) shall be calculated by multiplying the Earned Amount by [ ]%, and then dividing this number by the average Fair Market Value of the Common Stock for the last ten trading days immediately prior to the Ending Date.

• The Earned Amount shall be determined upon the completion of the Change of Control and shall be deemed to be equal to the greater of (A) the Target Amount of RSUs and (B) the amount of RSUs that would be earned based on the actual level of achievement of the Performance Goals through the latest practicable date prior to the date of the Change of Control as determined by the Committee.

• In calculating your entitlement to Profit Sharing Payments hereunder, the excess of your aggregate Payment Installments over the Earned Amount shall be netted against future Payment Installments, if any.

• If your aggregate Payment Installments were less than the Earned Amount, you shall receive a true-up payment on such date to make up for any shortfall.

More Definitions of Earned Amount

Earned Amount means the number of RSUs earned with respect to the Award based on the level of achievement of the Continuing Performance Goals or otherwise in accordance with this Award Agreement.

Earned Amount means 50% of the ”Margin” for such Existing Product indicated on such Exhibit H multiplied by the number of such Existing Products sold during the relevant period. For any Newly-Developed Products (as defined below), “Earned Amount” means, for any particular product sold during any particular period of time, the greater of (A) 15% of the direct manufacturing cost of such product (not including, for the avoidance of doubt, any overhead costs) (“Manufacturing Cost”) or (B) 30% of the excess of (x) the dollar amount of sales, net of product returns and bad debt reserve, made by Buyer with respect to such product, over (y) the Manufacturing Cost of such product, with the amount of sales and direct manufacturing cost being calculated in a manner substantially similar to the historical calculation of such items by Seller prior to the Closing. In addition, the bad debt reserve referenced above shall be calculated in accordance with GAAP and Globalstar’s currently existing bad debt reserve policies and procedures. All calculations made by Buyer under this Section 4(b) shall be calculated in good faith by Buyer. Notwithstanding the foregoing, however, the Earned Amount calculation shall not apply to, and Seller shall not be entitled to receive any Earnout Payments for, sales of any product that is either (1) a SPOT 1 or SPOT 2 product or (2) a product that is essentially the same as a SPOT 1 or SPOT 2 product but has minor differences from the SPOT 1 or SPOT 2 product based on form or aesthetics (including, without limitation, differences in color, size, shape or labeling of buttons). For purposes of this Section 4(b)(i), the term “sales,” “sold” or words of similar meaning shall include any transfer of a product to a third party where there is a defined sales price for the product or there is no sales price for the product, but there is a service or other charge component associated with the delivery of the product. For all purposes of this Section 4(b), sales of Buyer shall include all sales or transfers of such products by Buyer, Globalstar or any of their respective affiliates.

Earned Amount shall have the meaning set forth in Section 2.8 ------------- hereof.

Earned Amount means the Earned Amount reflected on Exhibit D --------- with regard to a particular Page View Milestone.

Earned Amount means, with respect to each Tranche, the amount of cash earned with respect to such Tranche based on the level of achievement of the Performance Goals or otherwise in accordance with this Award Agreement.

Earned Amount has the meaning specified in Section 3(c) of this Agreement.

Earned Amount means, with respect to each Tranche, the number of RSUs earned with respect to such Tranche based on the level of achievement of the Performance Goals or otherwise in accordance with this Award Agreement.