Applicable Award Multiplier

Example Definitions of "Applicable Award Multiplier"
Applicable Award Multiplier. Shall mean, with respect to each Performance Measure, the "Award Multiplier" calculated pursuant to the Award Letter based on the actual level of achievement for the Performance Period; provided, that in the event of a Change in Control, the "Applicable Award Multiplier" shall mean 100%, subject to upward adjustment (but not above 200%) to the extent (if any) that the Committee is able, in its sole discretion, to assess that the Corporation's progress, at or prior to the Change in Control,... towards the achievement levels set forth in the Award Letter for such Performance Measure exceeds the "Target" performance level as adjusted to account for the reduced period of actual performance. View More
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