Common use of Specific Performance Requirements Clause in Contracts

Specific Performance Requirements. The Performance Goals, percentage of target Performance Units that can be earned for each Performance Goal for the Performance Period, and the threshold, target and stretch performance levels required to earn the Performance Units based on performance during the Performance Period are as follows: Performance Goals Percentage of Target Performance Units Subject to Performance Vesting Percentile Ranking of Company vs. Peer Group for Performance Period Percentage Earned Threshold % - Target % - Stretch%

Appears in 1 contract

Sources: Performance Unit Agreement (Carter Bankshares, Inc.)

Specific Performance Requirements. The Performance Goals, percentage of target Performance Units that can be earned for each Performance Goal for the Performance Period, and the threshold, target and stretch performance levels required to earn the Performance Units based on performance during the Performance Period are as follows: 2025 Performance Goals Percentage of Target Performance Units Subject to Performance Vesting Percentile Ranking of Company vs. Peer Group for Performance Period Percentage Earned Threshold % - Target % - Stretch%Unit 308990845v1

Appears in 1 contract

Sources: Performance Unit Agreement (Carter Bankshares, Inc.)