Common use of Below Threshold Clause in Contracts

Below Threshold. If, upon the conclusion of a Measurement Period, achievement for a particular Performance Goal falls below the threshold level, no Performance Units for the Measurement Period shall become notionally earned with respect to that Performance Goal.

Appears in 4 contracts

Samples: Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co), Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co), Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co)

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Below Threshold. If, upon the conclusion of a Measurement Period, achievement for a particular Performance Goal falls below the threshold level, as set forth in the Statement of Performance Goals, no Performance Units for the Measurement Period shall become notionally earned with respect to that Performance Goal.

Appears in 1 contract

Samples: Performance Stock Unit and Cash Unit Award Agreement (Cooper Tire & Rubber Co)

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