EPS Payout Percentage definition
Examples of EPS Payout Percentage in a sentence
Each of the Revenue Payout Percentage and EPS Payout Percentage shall not be below 0% and shall not exceed 200%, and the Revenue Payout Percentage and EPS Payout Percentage for performance between the levels set forth in the table above shall be determined by straight-line interpolation between such levels.
If Aggregate Adjusted EPS is achieved at Threshold or below, the Aggregate Adjusted EPS Payout Percentage shall be zero percent (0%).
Determine the Aggregate Adjusted EPS Payout Percentage achieved for the Performance Period from the chart below that correlates to the Aggregate Adjusted EPS actually achieved.
If Aggregate Adjusted EPS is achieved at Maximum or greater, the Aggregate Adjusted EPS Payout Percentage shall be two hundred percent (200%).
If Adjusted EPS is achieved at Threshold or below, the Adjusted EPS Payout Percentage shall be zero percent (0%).
In the event of a Covered Transaction “double trigger event” (as defined in the Plan) where the covered transaction occurs (A) on or prior to December xx, 20xx, the # of Shares shall be deemed to be equal to the # Target Award and (B) after December xx, 20xx and prior to December xx, 20xx, the # of Shares shall be deemed to be equal to the product of the # Target Award x EPS Payout Percentage.
In the event of a Covered Transaction (as defined in the Plan) (other than an Excluded Transaction (as defined in the Plan) in which this Awards shall have been assumed or substituted for as provided in the Plan) that occurs (A) on or prior to [DATE], the # of Shares shall be deemed to be equal to the # Target Award and (B) after [DATE] and prior to [DATE], the # of Shares shall be deemed to be equal to the product of the # Target Award x EPS Payout Percentage.
In the event of a Covered Transaction “double trigger event” (as defined in the Plan) where the covered transaction occurs (A) on or prior to December [DAY, YEAR], the # of Shares shall be deemed to be equal to the # Target Award and (B) after December [DAY, YEAR] and prior to December [DAY, YEAR], the # of Shares shall be deemed to be equal to the product of the # Target Award x EPS Payout Percentage.
As soon as practicable after December 31, 2022 (but no later than March 15, 2023), the Committee will determine the Aggregate Adjusted EPS Payout Percentage and resulting number of PSUs that are earned under the provisions of Section 2.
As soon as practicable after December 31, 2024 (but no later than March 15, 2025), the Committee will determine the Initial Aggregate Adjusted EPS Payout Percentage, the Relative TSR Modifier, and resulting number of PSUs that are earned under the provisions of Section 2.