Multiplier

Multiplier. For a Tier I Participant, two; and for a Tier II Participant, one.

Multiplier. Means the number set forth in the second paragraph of this Agreement; provided however, that if the Executive has, prior to the CIC Date, publicly announced his or her Retirement or voluntary termination of employment, the Multiplier will be a fraction with the numerator equal to the remaining whole or partial months between the Date of Termination of employment and the effective date of such announced Retirement or voluntary termination of employment, and with the denominator equal to 12, but... in no event shall such fraction be equal to a number greater than the number set forth in the second paragraph of this Agreement. View More

Multiplier. For the Chief Executive Officer of the Corporation, two; for an Executive Participant other than the Chief Executive Officer, one and one-half, and for a Discretionary Participant, one.