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
All Definitions
Found in
SEATTLE GENETICS INC contract