Example ContractsClausesapplication of individual performance modifierVariants
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Individual Performance Multiplier. Each Participant’s individual performance multiplier for each Plan Year will be determined by the Plan Administrator in his, her, or its discretion based on the performance of such Participant after considering any circumstances that the Plan Administrator believes warrant special consideration. The Plan Administrator’s determination of the performance of each Participant for purposes of this Plan will be final, conclusive, and binding on all persons interested in the Plan. For the avoidance of doubt, a Participant’s individual performance multiplier may equal zero.

Individual Performance Multiplier. Each Participant’s individual performance multiplier for each Plan Year will be determinedMultiplier” means a percentage (determined by the Plan Administrator in his, her,accordance with [Section 3.4]) used to adjust a Participant’s payout under the Plan up or its discretiondown based on the performance of such Participant after considering any circumstances that the Plan Administrator believes warrant special consideration. The Plan Administrator’s determination of the performance of each Participant for purposes of this Plan will be final, conclusive, and binding on all persons interested in the Plan. For the avoidance of doubt, a Participant’s individual performance multiplier may equal zero.performance.

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