Award Factor

Award Factor. Means, for any Performance Period, the amount calculated as follows, subject to review, adjustment and approval by the Committee. If the Considered EPS for the Performance Period equals or exceeds the Low-Growth EPS, the Award Factor is the lesser of: (a) the Considered EPS for the Performance Period, or (b) two times the Target EPS. If the Considered EPS for the Performance Period is less than the Low-Growth EPS but greater than the Threshold EPS, the Award Factor equals: , but not less... than zero and rounded to two decimal places, where "y" equals the Low-Growth EPS, "x" equals the Threshold EPS, and "z" equals the Considered EPS for the Performance Period. If the Considered EPS for the Performance Period is less than or equal to the Threshold EPS, the Award Factor is zero. View More