Earned Percentage
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...
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Found in
LyondellBasell contract
Earned Percentage. Means the percentage determined by the Committee after the end of the Performance Period in accordance with the terms set forth in Appendix A taking into account the level of achievement of the Performance Metric or Performance Metrics set forth in Appendix A during the Performance Period and, if applicable, the relative weighting of the Performance Metrics.
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Found in
Liberty Global, Inc. contract