Change in Control Calculation. In the event of a Change in Control prior to the end of the RTSR Measurement Period, then from 0% to 100% of the PRSAs will be earned based on achievement of RTSR alone, measured as of the date of the Change in Control, with the Performance Levels as set forth in Section 3(a) of this Statement of Management Objectives, but the percentages of PRSAs earned shall be: (a) Below Threshold: 0%, (b) Threshold: 25%, (c) Target: 50%, and (d) Maximum: 100%, with straight-line mathematical interpolation for RTSR earned at a level between such Performance Levels.
Appears in 1 contract
Sources: Performance Based Restricted Stock Award Agreement (Curbline Properties Corp.)
Change in Control Calculation. In the event of a Change in Control prior to the end of the RTSR Measurement Period, then from 0% to 100% of the PRSAs will be earned based on achievement of RTSR alone, measured as of the date of the Change in Control, with the Performance Levels as set forth in Section 3(a) of this Statement of Management Objectives, but the percentages of PRSAs earned shall be: (a) Below Threshold: 0%, (b) Threshold: 2520%, (c) Target: 5040%, and (d) Maximum: 100%, with straight-line mathematical interpolation for RTSR earned at a level between such Performance Levels.
Appears in 1 contract
Sources: Performance Based Restricted Stock Award Agreement (Curbline Properties Corp.)