Common use of Between Target and Maximum Clause in Contracts

Between Target and Maximum. If, upon the conclusion of the Performance Period, Average CFROI-WACC for the Performance Period exceeds the target level, but is less than the maximum level, as set forth in the CFROI-WACC Performance Matrix, a percentage between 100% and 200% (determined on the basis of straight-line mathematical interpolation) of the CFROI-WACC PSUs (rounded down to the nearest whole number of CFROI-WACC PSUs) shall become vested.

Appears in 1 contract

Sources: Performance Share Units Agreement (Potash Corp of Saskatchewan Inc)

Between Target and Maximum. If, upon the conclusion of the Performance Period, Average CFROI-WACC for the Performance Period exceeds the target level, but is less than the maximum level, as set forth in the CFROI-WACC Performance Matrix, a percentage between 100% and 200% (determined on the basis of straight-line mathematical interpolation) of the CFROI-WACC PSUs from the applicable Tranche (rounded down to the nearest whole number of CFROI-WACC PSUs) shall become vested.

Appears in 1 contract

Sources: Performance Share Units Agreement (Potash Corp of Saskatchewan Inc)