Common use of Between Target and Intermediate Clause in Contracts

Between Target and Intermediate. If, upon the conclusion of the Performance Period, Total Stockholder Return exceeds the target level, but is less than the intermediate level, as set forth in the Performance Matrix contained in the Statement of Performance Goals the Target Performance Shares shall become earned based on performance during the Performance Period, as determined by mathematical straight-line interpolation between 100% of the Target Performance Shares and 150% of the Target Performance Shares.

Appears in 7 contracts

Samples: Performance Shares Agreement (Usg Corp), Performance Shares Agreement (Usg Corp), Performance Shares Agreement (Usg Corp)

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