Common use of Performance Metric Clause in Contracts

Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (“TSR”). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement (plus accrued dividends, if appropriate) of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividends Beginning of Period Share Price Performance Share Awards The terms of the grant are stated below: Award Date <<Award Date>> Performance Period <<Performance Begin Date>> to <<Performance End Date>> Vesting See Award Agreement. At a high level, xxxxx vesting upon later of the third anniversary of the award date and certification of achievement of performance goals following the end of the performance period Peer Companies Companies of GICS:45301020 (Semiconductors)*[1] Stock Averaging Period 90 calendar days Target Performance Median of the Peer Companies Payout Range 0% to 200% of rTSR PSUs * Companies traded on the Pink Sheets LLC Exchange have been excluded from the group of Peer Companies Peer Companies The companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period will comprise the Peer Companies for the determination of the Relative TSR results of K&S at vesting. Analog Devices, Inc. Maxim Integrated Products, Inc. Ambarella, Inc. MaxLinear, Inc. Advanced Micro Devices, Inc. NeoPhotonics Corporation Alpha and Omega Semiconductor Limited NVIDIA Corporation Broadcom Inc. NVE Corporation Envision Solar International, Inc. NXP Semiconductors N.V. CEVA, Inc. O2Micro International Limited Cree, Inc. Universal Display Corporation Cirrus Logic, Inc. ON Semiconductor Corporation Canadian Solar Inc. Impinj, Inc. Diodes Incorporated Power Integrations, Inc. DSP Group, Inc. Pixelworks, Inc. Exhibit 10.16 eMagin Corporation XXXXXXXX Xxxxxxxxxxxx First Solar, Inc. Qorvo, Inc. GSI Technology, Inc. QuickLogic Corporation Himax Technologies, Inc. Rambus Inc. Intel Corporation SMART Global Holdings, Inc. Inphi Corporation Silicon Motion Technology Corporation JinkoSolar Holding Co., Ltd. SiTime Corporation Kopin Corporation Silicon Laboratories Inc. SemiLEDs Corporation Semtech Corporation Lattice Semiconductor Corporation SPI Energy Co Microchip Technology Incorporated SunPower Corporation MoSys, Inc. Sequans Communications S.A. Monolithic Power Systems, Inc. Skyworks Solutions, Inc. Everspin Technologies, Inc. Synaptics Incorporated Marvell Technology Group Ltd. Tower Semiconductor Ltd. MACOM Technology Solutions Holdings, Inc. Texas Instruments Incorporated Micron Technology, Inc. Summit Wireless Technologies, Inc. MagnaChip Semiconductor Corporation Xilinx, Inc. The Peer Companies may change over the Performance Period as follows: • In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity will remain a Peer Company, without adjustment to its financial or market structure. • In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a member of the peer group, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity will remain a Peer Company. • In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a ‘going private’ transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not a surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Changes to the companies comprising the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange over the Performance Period will not change the Peer Companies for the Performance Share Awards made under this plan. Beginning Average Price with respect to the Company or any other company in the Peer Group, means the average of the closing stock prices for a share of common stock of the applicable company for the 90 calendar days immediately preceding the first day of the Performance Period. If as of the start of the Performance Period a member of the Peer Group has been publicly traded for less than 90 calendar days, such company’s beginning average price shall equal the average of the closing stock prices for a share of common stock of the applicable company over the period during which the company’s stock has been publicly traded. Target Performance TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above.

Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (“TSR”). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement (plus accrued dividends, if appropriate) of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividends Beginning of Period Share Price Performance Share Awards The terms of the grant are stated below: Award Date <<Award Date>> Performance Period <<Performance Begin Date>> to <<Performance End Date>> Vesting See Award Agreement. At a high level, xxxxx vesting upon later of the third anniversary of the award date and certification of achievement of performance goals following the end of the performance period Peer Companies Companies of GICS:45301020 (Semiconductors)*[1] Stock Averaging Period 90 calendar days Target Performance Median of the Peer Companies Payout Range 0% to 200% of rTSR PSUs * Companies traded on the Pink Sheets LLC Exchange have been excluded from the group of Peer Companies Peer Companies The companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period will comprise the Peer Companies for the determination of the Relative TSR results of K&S at vesting. Analog Devices, Inc. Maxim Integrated Products, Inc. Ambarella, Inc. MaxLinear, Inc. Advanced Micro Devices, Inc. NeoPhotonics Corporation Alpha and Omega Semiconductor Limited NVIDIA Corporation Broadcom Inc. NVE Corporation Envision Solar International, Inc. NXP Semiconductors N.V. CEVA, Inc. O2Micro International Limited Cree, Inc. Universal Display Corporation Cirrus Logic, Inc. ON Semiconductor Corporation Canadian Solar Inc. Impinj, Inc. Diodes Incorporated Power Integrations, Inc. DSP Group, Inc. Pixelworks, Inc. Exhibit 10.16 10.15 eMagin Corporation XXXXXXXX Xxxxxxxxxxxx First Solar, Inc. Qorvo, Inc. GSI Technology, Inc. QuickLogic Corporation Himax Technologies, Inc. Rambus Inc. Intel Corporation SMART Global Holdings, Inc. Inphi Corporation Silicon Motion Technology Corporation JinkoSolar Holding Co., Ltd. SiTime Corporation Kopin Corporation Silicon Laboratories Inc. SemiLEDs Corporation Semtech Corporation Lattice Semiconductor Corporation SPI Energy Co Microchip Technology Incorporated SunPower Corporation MoSys, Inc. Sequans Communications S.A. Monolithic Power Systems, Inc. Skyworks Solutions, Inc. Everspin Technologies, Inc. Synaptics Incorporated Marvell Technology Group Ltd. Tower Semiconductor Ltd. MACOM Technology Solutions Holdings, Inc. Texas Instruments Incorporated Micron Technology, Inc. Summit Wireless Technologies, Inc. MagnaChip Semiconductor Corporation Xilinx, Inc. The Peer Companies may change over the Performance Period as follows: • In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity will remain a Peer Company, without adjustment to its financial or market structure. • In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a member of the peer group, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity will remain a Peer Company. • In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a ‘going private’ transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not a surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Changes to the companies comprising the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange over the Performance Period will not change the Peer Companies for the Performance Share Awards made under this plan. Beginning Average Price with respect to the Company or any other company in the Peer Group, means the average of the closing stock prices for a share of common stock of the applicable company for the 90 calendar days immediately preceding the first day of the Performance Period. If as of the start of the Performance Period a member of the Peer Group has been publicly traded for less than 90 calendar days, such company’s beginning average price shall equal the average of the closing stock prices for a share of common stock of the applicable company over the period during which the company’s stock has been publicly traded. Target Performance TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above.. Payout Range The percentage of earned Performance Share Units that will ultimately vest will range from 0% to 200% based upon the final positioning of the Company’s TSR relative to the median of the Peer Companies at the end of the Performance Period. Notwithstanding the foregoing, if the Company’s TSR during the Performance Period is negative, the percentage of earned Performance Share Units shall not exceed 100%. The payout scale below shows the Award vesting percentage at percentile performance points from <25th to 99th at 5 percentile point increments. Final Vesting of Performance Share Awards will be interpolated and will be expressed as a full percentage point ranging from 0% to 200%. Percentile Performance Payout 99th 200% 95th 190% 90th 180% 85th 170% 80th 160% 75th 150% 70th 140% 65th 130% 60th 120% 55th 110% Median 50% 100% 45th 90% 40th 80% 35th 70% 30th 60% 25th 50% <25th 0% Xxxxxxx PeerTracker Participants in the Performance Share Award Program can track the K&S and Peer Companies’ TSR at xxxxx://xxxxxxxxxxx.xxx.xxx/Participant/nl/352/?planid=3589

Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (“TSR”). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement (plus accrued dividends, if appropriate) of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividends Beginning of Period Share Price Performance Share Awards The terms of the grant are stated below: Award Date <<Award Date>> Performance Period <<Performance Begin Date>> to <<Performance End Date>> Vesting See Award Agreement. At a high level, xxxxx vesting upon later of the third anniversary of the award date and certification of achievement of performance goals following the end of the performance period Peer Companies Companies of GICS:45301020 (Semiconductors)*[1] Stock Averaging Period 90 calendar days Target Performance Median of the Peer Companies Payout Range 0% to 200% of rTSR PSUs * Companies traded on the Pink Sheets LLC Exchange have been excluded from the group of Peer Companies Peer Companies The companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period will comprise the Peer Companies for the determination of the Relative TSR results of K&S at vesting. Analog Devices, Inc. Maxim Integrated Products, Inc. Ambarella, Inc. MaxLinear, Inc. Advanced Micro Devices, Inc. NeoPhotonics Corporation Alpha and Omega Semiconductor Limited NVIDIA Corporation Broadcom Inc. NVE Corporation Envision Solar International, Inc. NXP Semiconductors N.V. CEVA, Inc. O2Micro International Limited Cree, Inc. Universal Display Corporation Cirrus Logic, Inc. ON Semiconductor Corporation Canadian Solar Inc. Impinj, Inc. Diodes Incorporated Power Integrations, Inc. DSP Group, Inc. Pixelworks, Inc. Exhibit 10.16 10.17 eMagin Corporation XXXXXXXX Xxxxxxxxxxxx First Solar, Inc. Qorvo, Inc. GSI Technology, Inc. QuickLogic Corporation Himax Technologies, Inc. Rambus Inc. Intel Corporation SMART Global Holdings, Inc. Inphi Corporation Silicon Motion Technology Corporation JinkoSolar Holding Co., Ltd. SiTime Corporation Kopin Corporation Silicon Laboratories Inc. SemiLEDs Corporation Semtech Corporation Lattice Semiconductor Corporation SPI Energy Co Microchip Technology Incorporated SunPower Corporation MoSys, Inc. Sequans Communications S.A. Monolithic Power Systems, Inc. Skyworks Solutions, Inc. Everspin Technologies, Inc. Synaptics Incorporated Marvell Technology Group Ltd. Tower Semiconductor Ltd. MACOM Technology Solutions Holdings, Inc. Texas Instruments Incorporated Micron Technology, Inc. Summit Wireless Technologies, Inc. MagnaChip Semiconductor Corporation Xilinx, Inc. The Peer Companies may change over the Performance Period as follows: • In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity will remain a Peer Company, without adjustment to its financial or market structure. • In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a member of the peer group, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity will remain a Peer Company. • In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a ‘going private’ transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not a surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Changes to the companies comprising the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange over the Performance Period will not change the Peer Companies for the Performance Share Awards made under this plan. Beginning Average Price with respect to the Company or any other company in the Peer Group, means the average of the closing stock prices for a share of common stock of the applicable company for the 90 calendar days immediately preceding the first day of the Performance Period. If as of the start of the Performance Period a member of the Peer Group has been publicly traded for less than 90 calendar days, such company’s beginning average price shall equal the average of the closing stock prices for a share of common stock of the applicable company over the period during which the company’s stock has been publicly traded. Target Performance TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above.

Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (“TSR”). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement (plus accrued dividends, if appropriate) of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividends Beginning of Period Share Price Performance Share Awards The terms of the grant are stated below: Award Date <<Award Date>> Performance Period <<Performance Begin Date>> to <<Performance End Date>> Vesting See Award Agreement. At a high level, xxxxx cliff vesting upon later of the third anniversary of the award date and certification of achievement of performance goals following the end of the performance period Peer Companies Companies of GICS:45301020 (Semiconductors)*[1] Stock Averaging Period 90 calendar days Target Performance Median of the Peer Companies Payout Range 0% to 200% of rTSR PSUs * Companies traded on the Pink Sheets LLC Exchange have been excluded from the group of Peer Companies Peer Companies The companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period will comprise the Peer Companies for the determination of the Relative TSR results of K&S at vesting. Analog Devices, Inc. Maxim Integrated Products, Inc. Ambarella, Inc. MaxLinear, Inc. Advanced Micro Devices, Inc. NeoPhotonics Corporation Alpha and Omega Semiconductor Limited NVIDIA Corporation Broadcom Inc. NVE Corporation Envision Solar International, Inc. NXP Semiconductors N.V. CEVA, Inc. O2Micro International Limited Cree, Inc. Universal Display Corporation Cirrus Logic, Inc. ON Semiconductor Corporation Canadian Solar Inc. Impinj, Inc. Diodes Incorporated Power Integrations, Inc. DSP Group, Inc. Pixelworks, Inc. Exhibit 10.16 10.17 eMagin Corporation XXXXXXXX Xxxxxxxxxxxx First Solar, Inc. Qorvo, Inc. GSI Technology, Inc. QuickLogic Corporation Himax Technologies, Inc. Rambus Inc. Intel Corporation SMART Global Holdings, Inc. Inphi Corporation Silicon Motion Technology Corporation JinkoSolar Holding Co., Ltd. SiTime Corporation Kopin Corporation Silicon Laboratories Inc. SemiLEDs Corporation Semtech Corporation Lattice Semiconductor Corporation SPI Energy Co Microchip Technology Incorporated SunPower Corporation MoSys, Inc. Sequans Communications S.A. Monolithic Power Systems, Inc. Skyworks Solutions, Inc. Everspin Technologies, Inc. Synaptics Incorporated Marvell Technology Group Ltd. Tower Semiconductor Ltd. MACOM Technology Solutions Holdings, Inc. Texas Instruments Incorporated Micron Technology, Inc. Summit Wireless Technologies, Inc. MagnaChip Semiconductor Corporation Xilinx, Inc. The Peer Companies may change over the Performance Period as follows: • In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity will remain a Peer Company, without adjustment to its financial or market structure. • In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a member of the peer group, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity will remain a Peer Company. • In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a ‘going private’ transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not a surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Changes to the companies comprising the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange over the Performance Period will not change the Peer Companies for the Performance Share Awards made under this plan. Beginning Average Price with respect to the Company or any other company in the Peer Group, means the average of the closing stock prices for a share of common stock of the applicable company for the 90 calendar days immediately preceding the first day of the Performance Period. If as of the start of the Performance Period a member of the Peer Group has been publicly traded for less than 90 calendar days, such company’s beginning average price shall equal the average of the closing stock prices for a share of common stock of the applicable company over the period during which the company’s stock has been publicly traded. Target Performance TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above.. Payout Range The percentage of earned Performance Share Units that will ultimately vest will range from 0% to 200% based upon the final positioning of the Company’s TSR relative to the median of the Peer Companies at the end of the Performance Period. Notwithstanding the foregoing, if the Company’s TSR during the Performance Period is negative, the percentage of earned Performance Share Units shall not exceed 100%. The payout scale below shows the Award vesting percentage at percentile performance points from <25th to 99th at 5 percentile point increments. Final Vesting of Performance Share Awards will be interpolated and will be expressed as a full percentage point ranging from 0% to 200%. Percentile Performance Payout 99th 200% 95th 190% 90th 180% 85th 170% 80th 160% 75th 150% 70th 140% 65th 130% 60th 120% 55th 110% Median 50% 100% 45th 90% 40th 80% 35th 70% 30th 60% 25th 50% <25th 0% Xxxxxxx PeerTracker Participants in the Performance Share Award Program can track the K&S and Peer Companies’ TSR at xxxxx://xxxxxxxxxxx.xxx.xxx/Participant/nl/352/?planid=3589

Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (“TSR”). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement (plus accrued dividends, if appropriate) of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividends Beginning of Period Share Price Performance Share Awards The terms of the grant are stated below: Award Date <<Award Date>> Performance Period <<Performance Begin Date>> to <<Performance End Date>> Vesting See Award Agreement. At a high level, xxxxx cliff vesting upon later of the third anniversary of the award date and certification of achievement of performance goals following the end of the performance period Peer Companies Companies of GICS:45301020 (Semiconductors)*[1] Stock Averaging Period 90 calendar days Target Performance Median of the Peer Companies Payout Range 0% to 200% of rTSR PSUs * Companies traded on the Pink Sheets LLC Exchange have been excluded from the group of Peer Companies Peer Companies The companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period will comprise the Peer Companies for the determination of the Relative TSR results of K&S at vesting. Analog Devices, Inc. Maxim Integrated Products, Inc. Ambarella, Inc. MaxLinear, Inc. Advanced Micro Devices, Inc. NeoPhotonics Corporation Alpha and Omega Semiconductor Limited NVIDIA Corporation Broadcom Inc. NVE Corporation Envision Solar International, Inc. NXP Semiconductors N.V. CEVA, Inc. O2Micro International Limited Cree, Inc. Universal Display Corporation Cirrus Logic, Inc. ON Semiconductor Corporation Canadian Solar Inc. Impinj, Inc. Diodes Incorporated Power Integrations, Inc. DSP Group, Inc. Pixelworks, Inc. Exhibit 10.16 eMagin Corporation XXXXXXXX Xxxxxxxxxxxx First Solar, Inc. Qorvo, Inc. GSI Technology, Inc. QuickLogic Corporation Himax Technologies, Inc. Rambus Inc. Intel Corporation SMART Global Holdings, Inc. Inphi Corporation Silicon Motion Technology Corporation JinkoSolar Holding Co., Ltd. SiTime Corporation Kopin Corporation Silicon Laboratories Inc. SemiLEDs Corporation Semtech Corporation Lattice Semiconductor Corporation SPI Energy Co Microchip Technology Incorporated SunPower Corporation MoSys, Inc. Sequans Communications S.A. Monolithic Power Systems, Inc. Skyworks Solutions, Inc. Everspin Technologies, Inc. Synaptics Incorporated Marvell Technology Group Ltd. Tower Semiconductor Ltd. MACOM Technology Solutions Holdings, Inc. Texas Instruments Incorporated Micron Technology, Inc. Summit Wireless Technologies, Inc. MagnaChip Semiconductor Corporation Xilinx, Inc. The Peer Companies may change over the Performance Period as follows: • In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity will remain a Peer Company, without adjustment to its financial or market structure. • In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a member of the peer group, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity will remain a Peer Company. • In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a ‘going private’ transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not a surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Changes to the companies comprising the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange over the Performance Period will not change the Peer Companies for the Performance Share Awards made under this plan. Beginning Average Price with respect to the Company or any other company in the Peer Group, means the average of the closing stock prices for a share of common stock of the applicable company for the 90 calendar days immediately preceding the first day of the Performance Period. If as of the start of the Performance Period a member of the Peer Group has been publicly traded for less than 90 calendar days, such company’s beginning average price shall equal the average of the closing stock prices for a share of common stock of the applicable company over the period during which the company’s stock has been publicly traded. Target Performance TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above.