Common use of Exceeds Maximum Clause in Contracts

Exceeds Maximum. In no event may more than the 200% of the Performance Units allocated to any Performance Goal or 200% of all the Performance Units for any Measurement Period become notionally earned.

Appears in 3 contracts

Sources: Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co), Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co), Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co)

Exceeds Maximum. In no event may more than the 200[ ]% of the Performance Units allocated to any Performance Goal or 200[ ]% of all the Performance Units for any Measurement Period become notionally earned.

Appears in 1 contract

Sources: Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co)