Common use of Below Threshold Clause in Contracts

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.

Appears in 3 contracts

Sources: Performance Share Award Agreement (Gentex Corp), Performance Share Award Agreement (Gentex Corp), Performance Share Award Agreement (Gentex Corp)