Target. If, upon the conclusion of a Nested Period, RTSR for the Nested Period equals the target level, as set forth in the Performance Matrices, 100% will be the Payout Percentage for such Nested Period.
Appears in 3 contracts
Sources: Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)
Target. If, upon the conclusion of a Nested Period, RTSR for the Nested Period equals the target level, as set forth in the Performance MatricesMatrix, 100% will be the Payout Percentage for such Nested Period.
Appears in 3 contracts
Sources: Performance Based Restricted Share Unit Agreement (Metallus Inc.), Performance Based Restricted Share Unit Agreement (Metallus Inc.), Performance Based Restricted Share Unit Agreement (Metallus Inc.)