Pro Rata Gross Performance Award Shares

Pro Rata Gross Performance Award Shares. For each applicable Measurement Period, a number of Performance Award Shares (rounded up to the nearest whole number of Performance Award Shares that is evenly divisible by five) equal to the product of (i)(A) the Gross Performance Award Shares minus (B) the number of Performance Award Shares, if any, previously earned by the Participant under the 2016 VSEP, multiplied by (ii) a fraction, the numerator of which equals the number of days in the Measurement Period through and including the date... of the Participant's death, Disability or retirement, or the date on which the Participant's employment with the Company is terminated without Cause, as applicable, and the denominator of which equals the total number of days in the Measurement Period View More