The Committee is authorized to vest the number of Performance Share Units at the Payout Factor based on Table 1 below. The Payout Factor for ROCE achievement levels between points on this chart will be determined by linear interpolation between the values listed. The maximum payout of Performance Share Units is % of the Target Performance Share Units.
In the event that (i) the annual ROCE achieved by the Company for the 202 calendar year is greater than % and (ii) the ROCE Delta is greater than bps, then the “Turbo Effect” will be applicable, and the Committee is authorized to vest the number of Performance Share Units at the Payout Factor based on Table 2 below in lieu of Table 1. The Payout Factor for ROCE achievement levels between points on this chart will be determined by linear interpolation between the values listed. The maximum payout of Performance Share Units will remain % of the Target Performance Share Units, even if determined after applying the Turbo Effect.
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