Adjustment Percentage

Example Definitions of "Adjustment Percentage"
Adjustment Percentage. With respect to a Plan Year shall mean the adjustment, stated as a percentage, to the Target Award based on the Company's Actual Core Pre-Tax Income for such Plan Year and shall be determined as follows: Adjustment Percentage If Actual CPTI for the year exceeds Budgeted CPTI for such year by more than 9.99% of Budgeted CPTI for such year 125 % If Actual CPTI for the year is less than Budgeted CPTI for such year by more than 9.99% of Budgeted CPTI for such year 75 % If Actual CPTI for the year... is within 9.99% ± of Budgeted CPTI for such year 100 % A Target Award's adjustment for the 2016 Plan Year, 2017 Plan Year and 2018 Plan Year shall be referred to respectively as the 2016 Adjustment, 2017 Adjustment and 2018 Adjustment. View More
Adjustment Percentage. The meaning given in Clause 6.1
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