Common use of Performance Determination Clause in Contracts

Performance Determination. The Units shall be earned equal to: (i) with respect to ROIC, (A) 37.5% multiplied by (B) the “Percentage of Units Earned” as indicated in Table I below based on the achievement during the Performance Period of ROIC at the threshold, target, or maximum levels designated in Table I below; (ii) with respect to Total Organic Revenue Growth %, (A) 37.5% multiplied by (B) the “Percentage of Units Earned” as indicated in Table II below based on the achievement during the Performance Period of Total Organic Revenue Growth % at the threshold, target, or maximum levels designated in Table II below; and (iii) with respect to Relative TSR, (A) 25% multiplied by (B) the “Percentage of Units Earned” as indicated in Table III below based on the achievement during the Performance Period of Relative TSR at the threshold, target, or maximum levels designated in Table III below

Appears in 2 contracts

Sources: Performance Unit Agreement (TreeHouse Foods, Inc.), Performance Unit Agreement (TreeHouse Foods, Inc.)