Applicable Unit Multiplier

Example Definitions of "Applicable Unit Multiplier"
Applicable Unit Multiplier. With respect to each Performance Measure, the Unit 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 Unit 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
Found in L3 TECHNOLOGIES, INC. contract
Applicable Unit Multiplier. With Shall mean, with respect to each Performance Measure, the Unit Multiplier "Unit 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 "Applicable Unit Multiplier 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 "Target" performance level as adjusted to account for the reduced period of actual performance. View More
Found in L3 TECHNOLOGIES, INC. contract
View Variation
All Definitions