Earned Percentage definition

Earned Percentage means the percentage determined by the Committee after the end of the Performance Period in accordance with the terms set forth in Appendix A taking into account the level of achievement of the Performance Metric or Performance Metrics set forth in Appendix A during the Performance Period and, if applicable, the relative weighting of the Performance Metrics.

Earned Percentage means the percentage of the Target that is earned during the Performance Cycle. The Earned Percentage is multiplied by the Target to determine the number of Stock Units granted under this PSU Award. The Earned Percentage shall be determined in accordance with the following: (i) Following the close of the Performance Cycle, the Committee shall determine and certify the Earned Percentage for the Performance Cycle. (ii) The Earned Percentage shall not exceed 200 percent. (iii) In the event any action or failure to act by the Participant constitutes Cause, the Committee may reduce the Participant’s Earned Percentage to the extent the Committee deems appropriate under the circumstances. (iv) In the event of a Change of Control, the Earned Percentage shall be calculated by reference to the attainment of Performance Goals as of the close of the last quarter ending on or before the Change of Control.

Earned Percentage means the percentage of the Target that is earned during the Performance Cycle. The Earned Percentage is multiplied by the Target to determine the number of Stock Units granted under this PSU Award. The Earned Percentage shall be determined in accordance with the following: (i) Following the close of the Performance Cycle, the Committee shall determine and certify the Earned Percentage for the Performance Cycle. (ii) The Earned Percentage shall not exceed 200 percent. (iii) The Earned Percentage shall be deemed to be zero and no Award shall be payable if the Committee determines that during the course of the applicable Performance Cycle, the Participant has engaged in actions that are materially detrimental to the Company or its Subsidiaries or Affiliates. (iv) The Committee may reduce the Participant’s Earned Percentage to account for the Participant’s individual performance during the Performance Cycle. (v) In the event of a Change of Control, the Earned Percentage shall be calculated by reference to the attainment of Performance Goals as of the close of the last quarter ending on or before the Change of Control.

Examples of Earned Percentage in a sentence

• The pro-rata portion of the Earned Percentage, if applicable, shall equal a percentage based upon the number of whole months of service completed between the Grant Date and Participant’s Last Day of Employment divided by thirty-six (36).

• After a Change in Control, the number of PSUs that may vest pursuant to the payment formula under Section 1.4 (including any revisions that may be made pursuant to this Section 1.6) shall be deemed the Earned Percentage for purposes of this Agreement.

• If, at least one year after the Grant Date, Participant ceases to be an employee of Company on account of an involuntary Termination of Employment without Cause that is not a Qualifying CIC Separation, and no Comparable Position is offered, Participant shall be entitled to pro-rata vesting of the Earned Percentage of PSUs that are determined pursuant to Section 1.4 after the end of the Performance Period.

• The Committee shall certify in writing the extent to which the Performance Criteria have been satisfied before making any payment to Participant with respect to the vested Earned Percentage of PSUs.

• If Participant terminates employment due to death or Disability at least one year after the Grant Date, Participant shall be entitled to 100% vesting of the Earned Percentage of PSUs that are determined pursuant to Section 1.4 after the end of the Performance Period.

More Definitions of Earned Percentage

Earned Percentage means the percentage determined according to the following table: Below 25th Percentile 0% 25th Percentile 50% 50th Percentile 100% 75th Percentile 150.0% 90th Percentile or Higher 200.0%

Earned Percentage means the percentage of the Target that is earned during the Performance Cycle. The Earned Percentage is multiplied by the Target to determine the number of Performance Shares granted under this PSU Award. The Earned Percentage shall be determined in accordance with the following: (i) Following the close of the Performance Cycle, the Administrator shall determine and certify the Earned Percentage for the Performance Cycle; (ii) The Earned Percentage shall not exceed 200%; (iii) In the event the Participant is terminated for Cause, the Administrator may reduce the Participant’s Earned Percentage to the extent the Administrator deems appropriate under the circumstances (including to zero and forfeiture of the entire PSU Award); and (iv) In the event of a Change in Control, the Earned Percentage shall be calculated by reference to the attainment of Performance Goals as of the close of the last trading day on or before the Change in Control.

Earned Percentage means a fraction (not to exceed one), the numerator of which is the Retained Producer Gross Revenue as of the second anniversary of the Effective Date and the denominator of which is the Initial Gross Revenue.

Earned Percentage means the percentage determined according to the following grid:

Earned Percentage means the percentage determined according to the following table (subject to linear interpolation):

Earned Percentage means the percentage determined according to the following table:

Earned Percentage means the percentage determined according to the following grid:PerformanceEarned PercentageBelow Threshold<80% of Target0%Threshold80% of Target50%Target100% of Target100%Maximum120% of Target200% Interpolation: To the extent performance falls between two levels in the table above, see interpolation table (Appendix __) in determining the percentage of the PSUs that are earned.