Common use of Below Threshold Clause in Contracts

Below Threshold. If, upon the conclusion of the Performance Period, ▇▇▇▇’s performance for the Performance Period falls below the threshold level, as set forth in the ▇▇▇▇ Performance Goals, no Performance Shares for the Performance Period will become earned.

Appears in 2 contracts

Sources: Performance Share Award Agreement (Dana Inc), Performance Share Award Agreement (Dana Inc)

Below Threshold. If, upon the conclusion of the Performance Period, ▇▇▇▇’s performance for the Performance Period falls below the threshold level, as set forth in the ▇▇▇▇ Performance Matrix contained in the Statement of Performance Goals, no Performance Shares for the Performance Period will shall become earned.

Appears in 2 contracts

Sources: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)