Common use of Threshold Performance Clause in Contracts

Threshold Performance. The “Threshold Goal” is met when both (i) during the Performance Period, the Closing Price equals or exceeds $120 on either (1) five consecutive trading days or (2) ten non-consecutive trading days (such full condition in (i), the “Threshold Price”) and (ii) Participant continues in service of the Company or an Affiliate as any of an Employee, a Consultant or a Director for the Service Period. Upon achievement of the Threshold Goal, the Threshold PRSUs shall vest on the last day of the Service Period.

Threshold Performance. The “Threshold Goal” is met when both (i) during the Performance Period, the Closing Price equals or exceeds $120 60.00 on either (1) five consecutive trading days or (2) ten non-consecutive trading days (such full condition in (i), the “Threshold Price”) and (ii) Participant continues in service of the Company or an Affiliate as any of an Employee, a Consultant or a Director for the Service Period. Upon achievement of the Threshold Goal, the Threshold PRSUs shall vest on the last day of the Service Period.