Below Threshold Sample Clauses
The "Below Threshold" clause defines the rules or procedures that apply to transactions, contracts, or procurements whose value falls below a specified monetary limit. In practice, this clause may exempt such low-value activities from certain formal requirements, such as competitive bidding, detailed documentation, or approval processes, streamlining their handling. Its core function is to reduce administrative burden and increase efficiency for minor transactions, ensuring that resources are focused on higher-value or higher-risk activities.
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Below Threshold. If, upon the conclusion of the Performance Period, EPS CAGR for the Performance Period falls below the lowest EPS CAGR level set forth in the Performance Matrix, no EPS CAGR PSUs shall become nonforfeitable.
Below Threshold. If, upon the conclusion of the Performance Period, ▇▇▇▇’s performance for the Performance Period falls below the threshold level, as set forth in the ▇▇▇▇ Performance Goals, no Performance Shares for the Performance Period will become earned.
Below Threshold. If, upon the conclusion of the Performance Period, Total Stockholder Return for the Performance Period falls below the threshold level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, no Performance Shares for the Performance Period shall become earned.
Below Threshold. If, upon the conclusion of a Measurement Period, achievement for a particular Performance Goal falls below the threshold level, no Performance Units for the Measurement Period shall become notionally earned with respect to that Performance Goal.
Below Threshold. If, upon the conclusion of a Nested Period, RTSR for the Nested Period falls below the threshold level, as set forth in the Performance Matrices, the Payout Percentage will be zero for such Nested Period.
Below Threshold. The services at issue are provided under a contract that is less than $100,000 in value; or
Below Threshold. If, upon the conclusion of the Performance Period (or the date of the Change in Control if Section 1(e)(ii) of this Exhibit A is applicable), RTSR for the Performance Period falls below the threshold level, as set forth in the Performance Matrices, no PRSUs will become earned.
Below Threshold. If, upon the conclusion of the Performance Period, TSR Relative to Peers for the Performance Period falls below the threshold level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, no performance shares for the Performance Period shall become earned.
Below Threshold. If, upon the conclusion of the Performance Period, EPS CAGR for the Performance Period falls below the lowest EPS CAGR level set forth in the Performance Matrix, the Initial EPS CAGR Percentage shall be 0%.
Below Threshold. If, upon the conclusion of a Performance Period, Gentex's performance for the Performance Period falls below the Threshold level, as set forth in the Performance Objectives, no Performance Shares for the Performance Period will become earned.