Common use of Initial Performance Period Clause in Contracts

Initial Performance Period. The number of Performance Units earned at the end of the Initial Performance Period (the “Earned Performance Units”), if any, will be based on the Performance Achieved, as follows: Below Threshold Threshold Target Maximum Schedule 1 attached hereto sets forth the number of Earned Performance Units (expressed as a percentage of the Target Number of Performance Units) if the Performance Achieved for the Initial Performance Period is between % and %. For example, if the Performance Achieved is %, the number of Earned Performance Units (expressed as a percentage of the Target Number of Performance Units) will be % of the Target Number of Performance Units. If the Performance Achieved is %, the number of Earned Performance Units (expressed as a percentage of the Target Number of Performance Units) will be % of the Target Number of Performance Units.

Initial Performance Period. The number of Performance Units earned at the end of the Initial Performance Period (the “Earned Performance Units”), if any, will be based on the Performance Achieved, as follows: Below Threshold % 0% Threshold % 50% Target % 100% Maximum % 200% Schedule 1 attached hereto sets forth the number of Earned Performance Units (expressed as a percentage of the Target Number of Performance Units) if the Performance Achieved for the Initial Performance Period is between % and %. For example, if the Performance Achieved is %, the number of Earned Performance Units (expressed as a percentage of the Target Number of Performance Units) will be % of the Target Number of Performance Units. If the Performance Achieved is %, the number of Earned Performance Units (expressed as a percentage of the Target Number of Performance Units) will be % of the Target Number of Performance Units.