Common use of Threshold Performance Goal Clause in Contracts

Threshold Performance Goal. The value of each Objective Criteria Performance Unit shall be equal to [ ]% of the Objective Criteria Target Value if [ ] meets or exceeds [ ] for the Performance Period (the “Objective Criteria Threshold Performance Goal”). If [ ] is below the Objective Criteria Threshold Performance Goal, the value of the Objective Criteria Performance Units is zero for the Performance Period.

Appears in 2 contracts

Sources: Cash Settled Performance Unit Award Agreement (Regional Management Corp.), Cash Settled Performance Unit Award Agreement (Regional Management Corp.)

Threshold Performance Goal. The value of each Objective Criteria Performance Unit shall be equal to [ ]% of the Objective Criteria Target Value if [ ] meets or exceeds [ ] for the Performance Period (the “Objective Criteria Threshold Performance Goal”). If [ ] for the Performance Period is below the Objective Criteria Threshold Performance Goal, the value of the Objective Criteria Performance Units is zero for the Performance Period.

Appears in 1 contract

Sources: Cash Settled Performance Unit Award Agreement (Regional Management Corp.)