{"component": "clause", "props": {"groups": [{"samples": [{"hash": "fyBCXo8wsl4", "uri": "/contracts/fyBCXo8wsl4#performance-threshold", "label": "Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)", "score": 37.1560574949, "published": true}, {"hash": "5mzLqd7cBRc", "uri": "/contracts/5mzLqd7cBRc#performance-threshold", "label": "Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)", "score": 36.1594810486, "published": true}, {"hash": "bM5quJZbtlP", "uri": "/contracts/bM5quJZbtlP#performance-threshold", "label": "Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)", "score": 35.143737793, "published": true}], "size": 8, "snippet_links": [{"key": "for-purposes-of-this-agreement", "type": "clause", "offset": [4, 34]}, {"key": "the-\u2587", "type": "clause", "offset": [99, 104]}, {"key": "cost-of", "type": "definition", "offset": [169, 176]}, {"key": "lt-debt", "type": "definition", "offset": [177, 184]}, {"key": "adjusted-net-income", "type": 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"initial-borrowing", "type": "definition", "offset": [3116, 3133]}, {"key": "the-principal", "type": "definition", "offset": [3156, 3169]}, {"key": "debt-issuance-costs", "type": "clause", "offset": [3185, 3204]}, {"key": "repayment-of-principal", "type": "clause", "offset": [3259, 3281]}, {"key": "at-maturity", "type": "clause", "offset": [3282, 3293]}, {"key": "according-to", "type": "definition", "offset": [3307, 3319]}, {"key": "the-fees", "type": "clause", "offset": [3438, 3446]}, {"key": "expenses-of-issuance", "type": "clause", "offset": [3464, 3484]}, {"key": "purchase-discount", "type": "clause", "offset": [3509, 3526]}, {"key": "face-amount", "type": "clause", "offset": [3536, 3547]}, {"key": "costs-incurred", "type": "clause", "offset": [3636, 3650]}, {"key": "in-connection-with", "type": "clause", "offset": [3651, 3669]}, {"key": "accounting-records", "type": "definition", "offset": [3761, 3779]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [3781, 3809]}, {"key": "long-term", "type": "clause", "offset": [3832, 3841]}, {"key": "interest-rates", "type": "definition", "offset": [3855, 3869]}, {"key": "principal-balances", "type": "definition", "offset": [3886, 3904]}, {"key": "outstanding-series", "type": "definition", "offset": [3912, 3930]}, {"key": "financial-statements-of-the-company", "type": "clause", "offset": [4040, 4075]}, {"key": "in-all-cases", "type": "clause", "offset": [4141, 4153]}, {"key": "current-portion", "type": "definition", "offset": [4166, 4181]}, {"key": "revolving-credit-facility", "type": "definition", "offset": [4235, 4260]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [4262, 4288]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [4415, 4437]}, {"key": "exhibit-a", "type": "clause", "offset": [4454, 4463]}], "snippet": "(a) For purposes of this Agreement, the \u201cPerformance Threshold\u201d for any year shall be satisfied if the \u2587\u2587\u2587 (as defined below) for that year is greater than the 5 Yr Avg Cost of LT Debt (as defined below) for that year.\n(b) The \u201c\u2587\u2587\u2587\u201d for any year shall be calculated by dividing the Company\u2019s Adjusted Net Income (as defined below) for the year by the Average Equity (as defined below) for the year. Subject to adjustment in accordance with Section 2.2(c) below, the Company\u2019s \u201cAdjusted Net Income\u201d for any year shall be equal to the Company\u2019s net income attributable to common shareholders for the year, as set forth in the audited consolidated statement of income of the Company and its subsidiaries for the year. Subject to adjustment in accordance with Section 2.2(c) below, \u201cAverage Equity\u201d for any year shall mean the average of the Company\u2019s total common stock equity as of the last day of the year and the Company\u2019s total common stock equity as of the last day of the prior year, in each case as set forth on the audited consolidated balance sheet of the Company and its subsidiaries as of the applicable date.\n(c) The Committee may, at any time, approve adjustments to the calculation of \u2587\u2587\u2587 to take into account such unanticipated circumstances or significant, non-recurring or unplanned events as the Committee may determine in its sole discretion, and such adjustments may increase or decrease \u2587\u2587\u2587. Possible circumstances that may be the basis for adjustments shall include, but not be limited to, any change in applicable accounting rules or principles; any gain or loss on the disposition of a business; impairment of assets; dilution caused by Board approved business acquisition; tax changes and tax impacts of other changes; changes in applicable laws and regulations; changes in rate case timing; changes in the Company\u2019s structure; and any other circumstances outside of management\u2019s control.\n(d) The \u201c5 Yr Avg Cost of LT Debt\u201d for any year shall mean the average of five numbers consisting of the Avg Cost of LT Debt (as defined below) for that year and for each of the four preceding years. The \u201cAvg Cost of LT Debt\u201d for any year shall be equal to the sum of the Weighted Costs (as defined below) calculated for each series or tranche of long-term debt of the Company outstanding on the last day of the year. The \u201cWeighted Cost\u201d for a series or tranche of long-term debt as of any date shall be calculated by multiplying the Effective Interest Rate (as defined below) on the debt as of that date by the outstanding principal balance of the debt on that date, and then dividing the resulting amount by the Company\u2019s total outstanding principal balance of long-term debt as of that date. The \u201cEffective Interest Rate\u201d for a series or tranche of long-term debt as of any date shall be the yield calculated based on the settlement date for the original issuance of the series or tranche, the maturity date of the series or tranche, the stated annual interest rate of the series or tranche in effect on that date, the number of interest payments per year under the terms of the series or tranche, the initial borrowing of an amount equal to the principal balance net of Debt Issuance Costs (as defined below) for the series or tranche, and the repayment of principal at maturity or otherwise according to the terms of the series or tranche. The \u201cDebt Issuance Costs\u201d for a series or tranche of long-term debt shall include the fees, commissions and expenses of issuance of such debt, any other purchase discount from the face amount of such debt, and any premiums, write-offs of unamortized debt issuance costs and other costs incurred in connection with retiring debt refinanced with the proceeds of such debt, all as reflected in the Company\u2019s accounting records. For purposes of this Section 2.2(d), the Company\u2019s long term debt and the interest rates and outstanding principal balances of the outstanding series or tranches of long-term debt as of any date shall be those amounts as set forth in the audited consolidated financial statements of the Company and its subsidiaries for the year ending on that date, and shall in all cases include the current portion of any long-term debt and exclude borrowings under a revolving credit facility. For the avoidance of doubt, the Effective Interest Rate for purposes of this Agreement of each series of fixed-rate long-term debt outstanding as of the date of this Agreement is set forth on Exhibit A hereto.", "hash": "44e2a50d6d9937e144710b805e76cb68", "id": 1}, {"samples": [{"hash": "6kJdw5xYdiz", "uri": "/contracts/6kJdw5xYdiz#performance-threshold", "label": "Securities Purchase Agreement (China Internet Cafe Holdings Group, Inc.)", "score": 22.5249824524, "published": true}, {"hash": "7NxG4IB674d", "uri": "/contracts/7NxG4IB674d#performance-threshold", "label": "Securities Escrow Agreement (China Internet Cafe Holdings Group, Inc.)", "score": 20.5249824524, "published": true}, {"hash": "1IZTlJW1uWX", "uri": "/contracts/1IZTlJW1uWX#performance-threshold", "label": "Securities Escrow Agreement (China Internet Caf? 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provided, however, that Net Income for Fiscal Year 2011 shall be increased by any non-cash charges incurred (i) as a result of the Financing Transaction, including without limitation, as a result of the issuance and/or conversion of the Preferred Shares, and the issuance and/or exercise of the Warrants, (ii) as a result of the release of the Escrow Shares to the Principal Stockholder and/or the Purchasers, as applicable, pursuant to the terms of this Agreement, (iii) as a result of the issuance of warrants to any placement agent and its designees in connection with the Financing Transaction, (iv) the exercise of any warrants to purchase Common Stock outstanding as of the date hereof, (v) the issuance under any performance based equity incentive plan adopted by the Company, provided the issuances in the aggregate do not exceed 5% of the shares of Common Stock outstanding as of the Closing Date, and (vi) the issuance of securities at no less than the then-applicable fair market value to advisors or consultants (including, without limitation, financial advisors and investor relations firms) in connection with any engagement letter or consulting agreement, provided that any such issuance is approved by the Board of Directors; (vii) issuance of securities to financial institutions or lessors in connection with reasonable commercial credit arrangements, equipment financings or similar transactions, provided that any such issue is approved by the Board of Directors. Net Income will also be increased to adjust for any cash or non-cash charges resulting from the payment of dividends on the Preferred Shares in connection with the Financing Transaction.", "hash": "3fb353b5d6ce662fa16f5a06829b1890", "id": 2}, {"samples": [{"hash": "F5T16pjorX", "uri": "/contracts/F5T16pjorX#performance-threshold", "label": "Escrow Agreement (Time Poly Management, Ltd.)", "score": 19.0, "published": true}, {"hash": "351QXdp8Bvt", "uri": "/contracts/351QXdp8Bvt#performance-threshold", "label": "Escrow Agreement (Viscorp, Inc.)", "score": 19.0, "published": true}, {"hash": "34VltLCrEr2", "uri": "/contracts/34VltLCrEr2#performance-threshold", "label": "Escrow Agreement (Viscorp, Inc.)", "score": 19.0, "published": true}], "size": 4, "snippet_links": [{"key": "the-company", "type": "definition", "offset": [3, 14]}, {"key": "specified-percentage", "type": "definition", "offset": [36, 56]}, {"key": "based-on", "type": "definition", "offset": [67, 75]}, {"key": "a-scale", "type": "definition", "offset": [76, 83]}, {"key": "performance-thresholds", "type": "clause", "offset": [110, 132]}, {"key": "escrowed-shares", "type": "clause", "offset": [138, 153]}, {"key": "the-investors", "type": "definition", "offset": [176, 189]}, {"key": "fiscal-year-2008", "type": "clause", "offset": [215, 231]}, {"key": "the-lessor", "type": "clause", "offset": [256, 266]}, {"key": "reported-net-income", "type": "definition", "offset": [271, 290]}, {"key": "diluted-eps", "type": "definition", "offset": [325, 336]}, {"key": "share-count", "type": "clause", "offset": [338, 349]}, {"key": "outstanding-common-shares", "type": "clause", "offset": [363, 388]}, {"key": "preferred-shares", "type": "definition", "offset": [390, 406]}, {"key": "warrants-and-options", "type": "clause", "offset": [408, 428]}, {"key": "fiscal-year-2009-performance-threshold", "type": "definition", "offset": [470, 508]}, {"key": "audited-financial-statements", "type": "definition", "offset": [793, 821]}, {"key": "the-securities-and-exchange-commission", "type": "clause", "offset": [886, 924]}, {"key": "pursuant-to-the", "type": "clause", "offset": [925, 940]}, {"key": "securities-exchange-act-of-1934", "type": "clause", "offset": [971, 1002]}, {"key": "as-amended", "type": "definition", "offset": [1025, 1035]}, {"key": "the-applicable", "type": "clause", "offset": [1064, 1078]}, {"key": "fiscal-years", "type": "clause", "offset": [1079, 1091]}, {"key": "audit-date", "type": "definition", "offset": [1130, 1140]}, {"key": "file-reports", "type": "clause", "offset": [1183, 1195]}, {"key": "pursuant-to-section", "type": "clause", "offset": [1196, 1215]}, {"key": "the-exchange-act", "type": "definition", "offset": [1234, 1250]}, {"key": "required-by", "type": "definition", "offset": [1303, 1314]}, {"key": "section-6", "type": "definition", "offset": [1315, 1324]}, {"key": "the-registration-rights-agreement", "type": "clause", "offset": [1328, 1361]}, {"key": "the-performance", "type": "clause", "offset": [1363, 1378]}, {"key": "in-accordance-with", "type": "definition", "offset": [1409, 1427]}], "snippet": "If the Company does not achieve the specified percentage, which is based on a scale of 100%, of the following Performance Thresholds, the Escrowed Shares shall be disbursed to the Investors as set forth herein:\n(a) Fiscal Year 2008 Performance Threshold \u2013 the Lessor of: Reported Net Income of at least $5.6 million or fully diluted EPS (share count includes all outstanding common shares, preferred shares, warrants and options) of $0.16 per share (the \u201c2008 PT\u201d);\n(b) Fiscal Year 2009 Performance Threshold \u2013 the Lessor of: Reported Net Income of at least $7.2 million or fully EPS (share count includes all outstanding common shares, preferred shares, warrants and options) of $0.20 per share (the \u201c2009 PT\u201d).\n(c) Each Performance Threshold shall be determined as of the date the Company\u2019s audited financial statements for the corresponding fiscal year are required to be filed with the Securities and Exchange Commission pursuant to the reporting requirements of the Securities Exchange Act of 1934 (the \u201cExchange Act\u201d), as amended (each such date for each of the applicable fiscal years being hereinafter referred to as the \u201cAudit Date\u201d); and, if the Company is not required to file reports pursuant to Section 13(a) or 15(d) of the Exchange Act, and therefore prepares and furnishes the documents required by Section 6 of the Registration Rights Agreement, the Performance Threshold shall be determined in accordance with such prepared documents and at such time.", "hash": "f891f95ff63f869cfd0a8539090cf06f", "id": 3}, {"samples": [{"hash": "h1HP4gOIy9M", "uri": "/contracts/h1HP4gOIy9M#performance-threshold", "label": "Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)", "score": 28.1567420959, "published": true}, {"hash": "kOKlzmVh1Oo", "uri": "/contracts/kOKlzmVh1Oo#performance-threshold", "label": "Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)", "score": 27.1519508362, "published": true}], "size": 4, "snippet_links": [{"key": "for-purposes-of-this-agreement", "type": "clause", "offset": [4, 34]}, {"key": "cost-of", "type": "definition", "offset": [169, 176]}, {"key": "lt-debt", "type": "definition", "offset": [177, 184]}, {"key": "adjusted-net-income", "type": "definition", "offset": [292, 311]}, {"key": "the-year", "type": "definition", "offset": [335, 343]}, {"key": "average-equity", "type": "definition", "offset": [351, 365]}, {"key": "subject-to", "type": "definition", "offset": [399, 409]}, {"key": "in-accordance-with", "type": "definition", "offset": [421, 439]}, {"key": "to-the-company", "type": "clause", "offset": [526, 540]}, {"key": "common-shareholders", "type": "definition", "offset": [570, 589]}, {"key": "consolidated-statement-of-income", "type": "definition", "offset": [632, 664]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [668, 700]}, {"key": "common-stock-equity", "type": "definition", "offset": [854, 873]}, {"key": "day-of", "type": "clause", "offset": [889, 895]}, {"key": "and-the-company", "type": "clause", "offset": [905, 920]}, {"key": "prior-year", "type": "definition", "offset": [975, 985]}, {"key": "each-case", "type": "definition", "offset": [990, 999]}, {"key": "consolidated-balance-sheet", "type": "definition", "offset": [1028, 1054]}, {"key": "applicable-date", "type": "definition", "offset": [1101, 1116]}, {"key": "calculation-of", "type": "clause", "offset": [1169, 1183]}], "snippet": "(a) For purposes of this Agreement, the \u201cPerformance Threshold\u201d for any year shall be satisfied if the ROE (\u2587\u2587 defined below) for that year is greater than the 5 Yr Avg Cost of LT Debt (as defined below) for that year.\n(b) The \u201cROE\u201d \u2587\u2587r any year shall be calculated by dividing the Company\u2019s Adjusted Net Income (as defined below) for the year by the Average Equity (as defined below) for the year. Subject to adjustment in accordance with Section 2.2(c) below, the Company\u2019s \u201cAdjusted Net Income\u201d for any year shall be equal to the Company\u2019s net income attributable to common shareholders for the year, as set forth in the audited consolidated statement of income of the Company and its subsidiaries for the year. 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Alternative Award Vehicles In the event the transactions contemplated by the Merger Agreement are not consummated for any reason (or in the event the Merger Agreement is terminated in accordance with its terms), subject to approval by the then-current Board, the Company shall arrange for the grant of alternative equity or equity-based awards (such as option awards or RSU awards with a liquidity event requirement) to the CFO in lieu of the Time-Based Equity Award and the Performance- Based Equity Awards, with such alternative award vehicles (a) providing equivalent Total Equity Award Value and (b) subject to substantially similar terms and conditions as the Time-Based Equity Award and the Performance-Based Equity Awards.", "hash": "07a4911f1fe3c1e2e7500352ffa8fc49", "id": 8}, {"samples": [{"hash": "4FD77BxnkHc", "uri": "/contracts/4FD77BxnkHc#performance-threshold", "label": "Loan Agreement (Strategic Realty Trust, Inc.)", "score": 28.6016426086, "published": true}], "size": 1, 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"type": "clause", "offset": [2353, 2364]}, {"key": "capital-group", "type": "definition", "offset": [2406, 2419]}], "snippet": "If the Company does not achieve the specified percentage, which is based on a scale of 100%, of the following Performance Thresholds, the Escrow Shares shall be disbursed to the Purchasers as set forth herein:\n(a) Fiscal Year 2007 Performance Threshold: on a per share basis, both the audited Net Income and Cash from Operations must each exceed $0.27 per share (equivalent to $8.1 million divided by 30 million shares outstanding) (the \u201c2007 PT\u201d);\n(b) Fiscal Year 2008 Performance Threshold: on a per share basis, both the audited Net Income and Cash from Operations must each exceed $0.45 per share (equivalent to $13.5 million divided by 30 million shares outstanding) (the \u201c2008 PT\u201d).\n(c) Each Performance Threshold shall be determined as of the date the Company\u2019s audited financial statements for the corresponding fiscal year are required to be filed with the Securities and Exchange Commission pursuant to the reporting requirements of the Securities Exchange Act of 1934 (the \u201cExchange Act\u201d), as amended (each such date for each of the applicable fiscal years being hereinafter referred to as the \u201cAudit Date\u201d); and, if the Company is not required to file reports pursuant to Section 13(a) or 15(d) of the Exchange Act, and therefore prepares and furnishes the documents required by Section 6 of the Registration Rights Agreement, the Performance Threshold shall be determined in accordance with such prepared documents and at such time.\n(d) With respect to the 2007 PT and 2008 PT \u201cNet Income\u201d shall be defined in accordance with US GAAP and reported by the Company in its audited financial statements for each of 2007 and 2008, plus any amounts that (1) may have been recorded as charges or liabilities on the 2007 and 2008 financial statements, respectively, due to the application of EITF No. 00-19 that are associated with (i) any outstanding Warrants of the Company, (ii) the transactions contemplated by this Agreement, and (iii) any issuance under a performance based stock incentive plan that was in existence on the Closing Date, and (2) any and all expenses incurred by the Company in connection with the consummation of the transactions contemplated by the Purchase Agreement and the Share Exchange Agreement, dated as of even date herewith, by and among the Company, the Principal Shareholders of the Acquiror Company, set forth on Schedule II thereto, Redsky Group Limited, Princeton Capital Group and Baorun China Group Limited.", "hash": "e1af7251b60e2387fb5760f1d64a5a31", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5wZXJmb3JtYW5jZS10aHJlc2hvbGQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["", ""], ["impairments", "Impairments"], ["tax-changes", "Tax Changes"], ["tax-impacts", "Tax Impacts"], 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