Threshold definition
Examples of Threshold in a sentence
The Top-up Threshold shall be calculated by aggregating all Dilutive Issuances that occurred in each case from the later of: (i) the date of this Agreement; (ii) the date of the last Top-up Notice; and (iii) the date of completion of the last Top-up Offering.
The term of this Agreement shall commence on the Execution Date and, subject to Section 11.2, shall continue until the No-Buydown Delivery Threshold and the Buydown Delivery Threshold have been reduced to zero in accordance with the terms of this Agreement (the "Term").
The number of Performance Units that may vest range from 0% up to 150% of the number of Target Performance Units set forth in the Notice, depending on whether the Performance Metric satisfies the Threshold, Target or Maximum Performance Metric set forth in the Notice or is below Threshold or between such targets.
For example, if the Performance Threshold is not satisfied for 2026, all RSUs that were scheduled to vest on March 1, 2027 shall be forfeited effective as of December 31, 2026.
The “Payout Factor” shall be equal to (a) the TSR Modifier as determined under Section 2.2, multiplied by (b) the EPS Payout Factor as determined under Section 2.3; provided, however, that the Payout Factor shall not be greater than 200% and the Payout Factor shall be 0% if the ROIC Performance Threshold (as defined in Section 2.4) is not satisfied.