Common use of Between Threshold and Target Clause in Contracts

Between Threshold and Target. If, upon the conclusion of a Performance Period, Gentex's performance exceeds the Threshold level, but is less than the Target level, as set forth in the Performance Objectives, the number of Performance Shares as set forth in the Officer Award Notification for the Performance Period, based on linear interpolation, 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)