Addressable Rigs Service Level Score

Example Definitions of "Addressable Rigs Service Level Score"
Addressable Rigs Service Level Score. With respect to a Performance Period: (i) if the Addressable Rigs Service Level achieved by the Company and its subsidiaries for such Performance Period is less than the Addressable Rigs Service Level Threshold for such Performance Period then the Addressable Rigs Service Level Score for such Performance Period is zero (0). (ii) if (A) the Addressable Rigs Service Level achieved by the Company and its subsidiaries for such Performance Period is greater than (B) the Addressable Rigs Service... Level Threshold for such Performance Period and less than or equal to Addressable Rigs Service Level Target for such Performance Period then the Addressable Rigs Service Level Score for such Performance Period is ((A) minus (B)) divided by (Addressable Rigs Service Level Target for such Performance Period minus Addressable Rigs Service Level Threshold for such Performance Period). (iii) if (C) the Addressable Rigs Service Level achieved by the Company and its subsidiaries for such Performance Period is greater than (D) the Addressable Rigs Service Level Target for such Performance Period and less than the Addressable Rigs Service Level Max for such Performance Period then the Addressable Rigs Service Level Score for such Performance Period is one plus the product of two times ((C) minus (D)) divided by (Addressable Rigs Service Level Max for such Performance Period minus Addressable Rigs Service Level Target for such Performance Period). (iv) if the Addressable Rigs Service Level achieved by the Company and its subsidiaries for such Performance Period is greater than the Addressable Rigs Service Level Max for such Performance Period then the Addressable Rigs Service Level Score for such Performance Period is 3. View More
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