Earned Percentage. Means the percentage of the Target that is earned during the Performance Cycle. The Earned Percentage is multiplied by the Target to determine the number of Stock Units granted under this PSU Award. The Earned Percentage shall be determined in accordance with the following: (i) Following the close of the Performance Cycle, the Committee shall determine and certify the Earned Percentage for the Performance Cycle. 1 (ii) The Earned Percentage shall not exceed 200 percent. (iii) In the event any... action or failure to act by the Participant constitutes Cause, the Committee may reduce the Participant's Earned Percentage to the extent the Committee deems appropriate under the circumstances. (iv) In the event of a Change of Control, the Earned Percentage shall be calculated by reference to the attainment of Performance Goals as of the close of the last quarter ending on or before the Change of ControlView More
Earned Percentage. Means the percentage of the Target that is earned during the Performance Cycle. The Earned Percentage is multiplied by the Target to determine the number of Stock Units granted under this PSU Award. The Earned Percentage shall be determined in accordance with the following: (i) Following the close of the Performance Cycle, the Committee shall determine and certify the Earned Percentage for the Performance Cycle. 1 (ii) The Earned Percentage shall not exceed 200 percent. (iii) In The Earned... Percentage shall be deemed to be zero and no Award shall be payable if the event any action or failure to act by Committee determines that during the course of the applicable Performance Cycle, the Participant constitutes Cause, has engaged in actions that are materially detrimental to the Company or its Subsidiaries or Affiliates. (iv) The Committee may reduce the Participant's Earned Percentage to account for the extent Participant's individual performance during the Committee deems appropriate under the circumstances. (iv) Performance Cycle. (v) In the event of a Change of Control, the Earned Percentage shall be calculated by reference to the attainment of Performance Goals as of the close of the last quarter ending on or before the Change of Control Control. View More
Earned Percentage. Means the The percentage of the Target that is earned during the Performance Cycle. The Earned Percentage is multiplied by the Target to determine the number of Stock Units granted under this PSU Award. The Earned Percentage shall be determined in accordance with the following: (i) Following the close of the Performance Cycle, the Committee shall determine and certify the Earned Percentage for the Performance Cycle. 1 (ii) The Earned Percentage shall not exceed 200 percent. (iii) In The Earned... Percentage shall be deemed to be zero and no Award shall be payable if the event any action or failure to act by Committee determines that during the course of the applicable Performance Cycle, the Participant constitutes Cause, has engaged in actions that are materially detrimental to the Company or its Subsidiaries or Affiliates. (iv) The Committee may reduce the Participant's Earned Percentage to account for the extent Participant's individual performance during the Committee deems appropriate under the circumstances. (iv) Performance Cycle. (v) In the event of a Change of Control, the Earned Percentage shall be calculated by reference to the attainment of Performance Goals as of the close of the last quarter ending on or before the Change of Control View More
