Calendar Year Target Performance Shares

Calendar Year Target Performance Shares. Means, with respect to the applicable calendar year during the Performance Period, the product of the Target Performance Shares multiplied by the Applicable Calendar Year Percentage. If the result is a fractional number, the number will be rounded down to the next whole Share with any fractional portion carried forward. For example, for an Award of 750 Target Performance Shares, the resulting Calendar Year Target Performance Shares would be 247 for ____, 248 for ____, and 255 for ____.