Payout Matrix

Example Definitions of "Payout Matrix"
Payout Matrix. With respect to a Cash Award or a Stock Award, the matrix established by the Committee in order to determine the actual Awards (if any) to be paid to Participants, expressed as a percentage (which may be more than 100% but is capped at 110%) of the Target Award Value
Found in SEATTLE GENETICS INC contract
Payout Matrix. The matrix established by the Committee on the Effective Date
Found in SEATTLE GENETICS INC contract
All Definitions