Performance Grade Widths Clause Samples
The 'Performance Grade Widths' clause defines the acceptable range of widths for products or materials that must meet specific performance standards. In practice, this clause sets minimum and maximum width tolerances that products must adhere to during manufacturing or delivery, ensuring consistency and compatibility with other components or systems. By establishing clear width parameters, the clause helps prevent disputes over product conformity and ensures that supplied goods meet the required specifications for their intended use.
Performance Grade Widths. “Grade Widths” (the range between the lowest end of each Performance Level) remain constant and will not be changed over the entire Term of this Agreement and are as set forth in Appendix F.
Performance Grade Widths. The ranges between the lowest ends of consecutive Performance Levels set forth on Schedule 4 (“Grade Widths”) shall be as set forth on Schedule 4 hereto and will not be changed at any time during the entire Term of this Agreement.
Performance Grade Widths. The operating performance values for determining * Performance Levels will automatically change each year based on Contractor's *. "*" (*) remain constant and will not be changed over the duration of this Agreement. These Grade Widths are set forth in the table below, where * are the Contractor's *: *
Performance Grade Widths. “Grade Widths” (the range between the lowest end of each Performance Level) remain constant and will not be changed over the entire Term of this Agreement and are as set forth in Appendix F. __________ * Confidential 4. Example. The Grade Width for A, C and D level performance will be automatically computed on an annual basis once the numbers for the bottom of B Performance Levels are established. For example, if the Contractor’s Monthly Operating Goal for the Controllable Completion Operating Category is determined to be [*], that is the bottom of the B-Performance Level. Applying the methodology, in the performance Grade Width table referenced above, the bottom of the A- Performance Level would be [*] ([*] plus [*]). Furthermore, the bottom of the C Performance Level would be [*] ([*] minus [*]). Based on these numbers the Grade Widths, before application of any Seasonality Adjustment Factors would be as follows: Level A=[*] Level B=[*] Level C=[*] Level D=[*] 5. United and Contractor have developed a Monthly Incentive Payment (“Markup”) program (“Incentive Program”) that is based upon Contractor’s scheduled operating goals established herein (“Operating Goals” or “Monthly Operating Goals”). Contractor’s performance is evaluated with respect to actual (i) on-time performance, (ii) controllable flight completion rates (iii) baggage handling, and (iv) customer repurchase intent on all flights operated by Contractor as United Express. Contractor’s actual performance (“Performance Level” or “Level of Performance”) with respect to each of these four operating goals will be used to determine the amount of Markup applicable to the Carrier Controlled Costs pursuant to the procedures set forth herein 6.