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 determined according to the following table: Below 25th Percentile 0 0% 25th Percentile Threshold 50% 50th Percentile Target 100% 85th Percentile or Higher High/Max 200.0%
Examples of Earned Percentage in a sentence
Prior to such determination, the Company shall provide to the Administrator, in reasonable detail, the calculation of the Relative Total Shareholder Return, Earned Percentage, and the number of Performance LTIP Units subject to vesting, which information shall be available to the Participant upon request after the applicable vesting date.
Promptly following the end of the Performance Period (or any deemed shortened Performance Period taken into account to the extent provided in Section 2.3.3 or 2.3.4 above, as the case may be), the Administrator shall determine: (a) the Relative Total Shareholder Return and Earned Percentage (each as defined in Appendix A hereto); and (b) the number of Performance LTIP Units that vested as of the applicable date.
If the Company’s TSR was at the 67.5th percentile, the Earned Percentage would equal 75%.
More Definitions of Earned Percentage
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.
Earned Percentage means the percentage determined according to the following grid:
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 the percentage determined by reference to the schedule established for each Plan Year by the Committee, which percentage may be up to a maximum of two hundred percent (200%).
Earned Percentage means the percentage determined by reference to the schedule established for each Plan Year by the Committee.
Earned Percentage means the percentage determined according to the following table: Relative TSR Percentile [insert year 1 – year 3] below 25th percentile 25th percentile 50th percentile 75th percentile Interpolation: To the extent performance falls between two levels in the table above, linear interpolation shall apply in determining the percentage of the PSUs that are earned.
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: