Payout Multiplier definition

Payout Multiplier means the payout multiplier determined by the Committee in accordance with Section 6(d) hereof;

Payout Multiplier means the percentage set forth in the table above based on Green Dot’s achievement of Annual Revenue.

Payout Multiplier means the payout multiplier determined by the Committee in its sole discretion in accordance with Section 6(e) hereof;

Examples of Payout Multiplier in a sentence

• The shares of Common Stock in respect of the Earned Performance Shares shall be based on the Payout Multiplier and shall be issued to the Employee on the applicable Settlement Date.

• The applicable Payout Multiplier in respect of this ranking shall be as set forth in Schedule "A" hereto.

• The amount of the Change of Control Bonus shall be equal to (i) the product of the Target Share Number and the applicable Sale Price, multiplied by (ii) the applicable Change of Control Payout Multiplier determined according to the table below (which, for the avoidance of doubt, shall be a function of the applicable Performance Period during which the Determination Date occurs and the applicable Sale Price).

• For a Sale Price that falls between two Sale Prices in the table below, the Change of Control Payout Multiplier will be determined through linear interpolation.

• For greater certainty, for those Performance Awards where the Issue Date is the second or third anniversary of the grant date, the Payout Multiplier will be the arithmetic average of the Payout Multiplier for each of the two or three preceding performance assessment periods, respectively.

More Definitions of Payout Multiplier

Payout Multiplier means the number obtained as follows:

Payout Multiplier means the payout multiplier determined by the Board in accordance with Section 5.4;

Payout Multiplier means a number ranging from a minimum of zero (0) to a maximum of two (2);

Payout Multiplier means the payout multiplier in respect of an Incentive Award granted to a Participant or a Participant’s Deferral Account as specified in the applicable Award Agreement or Deferral Agreement, respectively.

Payout Multiplier means the number used to adjust the number of Trust Units issuable pursuant to any Performance Unit on an Issue Date calculated as follows:

Payout Multiplier means the number used to adjust the number of Common Shares issuable pursuant to any Performance Share on an Issue Date, calculated as follows:

Payout Multiplier means, at any time, the number obtained by subtracting one from the product of (i) 0.04 and (ii) the Percentile Rank in effect at such time; provided, however, that: