Incentive Plan Pay-Out Percentage

Example Definitions of "Incentive Plan Pay-Out Percentage"
Incentive Plan Pay-Out Percentage. The multiplier derived from the formula set forth by the Committee before a Plan Cycle for determining the pay-out percentage based on the Company's Operating Profit Margin and Revenue Growth. The Committee shall review and update the Operating Profit Margin and Revenue Growth performance goals and the associated Incentive Plan Pay-Out Percentages applicable to a Plan Cycle prior to the commencement of such Plan Cycle.
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