Threshold Performance Level definition
Examples of Threshold Performance Level in a sentence
Target Payout is calculated by multiplying Annual Salary by an agreed upon percentage as indicated in the Executive Compensation Plan Summary Threshold (Performance Level) See Performance Level.
Threshold Performance Level The level of performance for a metric below which no payout is earned or paid.
Shares of restricted Stock will vest only if the Threshold Performance Level is achieved during the Performance Period: (i) TSR and ROA greater than or equal to the 25th percentile of the Peer Group and (ii) earnings per share are above $0.
If achievement of a given Performance Goal is below the Threshold Performance Level set forth on Exhibit A, no Performance Shares will Vest with respect to that Performance Goal.
The Administrator, in its sole discretion, shall determine whether and to what extent Shares may be awarded if achievement of the ▇▇▇ performance goal is above the Maximum Performance Level or below the Threshold Performance Level.