Performance Multiplier

Example Definitions of "Performance Multiplier"
Performance Multiplier. Means the percentage, from 0% to 300%, that will be applied to the Target Award to determine the maximum number of Performance Awards that may ultimately vest based on Grantee's continued employment through the applicable Vesting Date(s), as more fully described in Exhibit A hereto.
Performance Multiplier. Means the percentage, from 0% to 300%, that will be applied to the Target Award to determine the maximum number of Performance Awards Share Units that may ultimately vest based on Grantee's continued employment through the applicable Vesting Date(s), as more fully described in Exhibit A hereto.
Performance Multiplier. Means the percentage, from 0% to 300%, that will be applied to the Target Award to determine the maximum number of Performance Awards that may ultimately vest and convert to Common Stock based on Grantee's continued employment service through the applicable Vesting Date(s), Date, as more fully described in Exhibit A hereto.
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Performance Multiplier. Means the factor assigned by the Committee to each Performance Target that determines the Unit value at the end of the Performance Period.
Performance Multiplier. Section 4. Payment of Award. (a) Payment. This Share Unit Award shall be payable in that number of Common Shares determined by multiplying the number of Share Units by the Performance Multiplier. For purposes of this Award Agreement, the "Performance Multiplier" shall be as follows: (i) In the case of a Share Unit Award that vests on a Scheduled Vesting Date or on an Employment Termination Vesting Date, the Performance Multiplier shall be the average of the closing prices of the Common... Shares on the New York Stock Exchange or, if the Common Shares are not traded on the New York Stock Exchange, such other exchange or securities market on which the Common Shares are traded (the "Exchange") for the twenty trading days ending on the last day of the fiscal quarter immediately preceding the third anniversary of the Date of Grant divided by the average of the closing prices of the Common Shares on the Exchange for the twenty trading days ending on the last day of the fiscal quarter immediately preceding the Date of Grant (the denominator, the "Initial Share Price"); (ii) In the case of a Share Unit Award that vests on death or Disability, the Performance Multiplier shall be the average of the closing prices of the Common Shares on the Exchange for the twenty trading days ending on the last day of the fiscal quarter in which such death or Disability occurs divided by the Initial Share Price; and (iii) In the case of a Share Unit Award that vests on a Change in Control, the Performance Multiplier shall be the average of the closing prices of the Common Shares on the Exchange for the twenty trading days ending on the day immediately preceding the effective date of such Change in Control divided by the Initial Share Price. Notwithstanding the foregoing, (1) the maximum number of Common Shares payable in respect of the Share Units under this Share Unit Award shall be 150% of the Share Units and (2) no Common Shares shall be payable in respect of the Share Units under this Share Unit Award if the Performance Multiplier is less than 50%. This Share Unit Award will be paid as soon as practicable following the last day used to determine the numerator of the Performance Multiplier in Sections 4(a)(i), 4(a)(ii) or 4(a)(iii), as applicable (the "Last Day"), the date that the Share Units fully vest, and, other than in the case of a Change in Control, death or Disability, the date that the Committee shall have certified the performance results governing this Share Unit Award, but in all events prior to the March 15 of the calendar year following the year in which the Last Day occurs. In the event that the Common Shares were not traded on an Exchange during any period or portion thereof used in the determination of a Performance Multiplier hereunder, the Board of Directors of the Company shall determine in good faith such Performance Multiplier in whatever manner it considers appropriate. View More Arrow
Performance Multiplier. Means, for each Performance Period, a percentage (rounded to four decimal places) determined in accordance with Section 1.1 of this Exhibit A or, in the event of the closing of a Change in Control before the end of the Third Performance Period, in accordance with Section 1.2(d) of this Exhibit A.
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