Common use of Below Threshold Clause in Contracts

Below Threshold. If, upon the conclusion of a Nested Period, RTSR for the Nested Period falls below the threshold level, as set forth in the Performance Matrices, the Payout Percentage will be zero for such Nested Period.

Appears in 3 contracts

Samples: Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

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Below Threshold. If, upon the conclusion of a Nested Period, RTSR for the Nested Period falls below the threshold level, as set forth in the Performance MatricesMatrix, the Payout Percentage will be zero for such Nested Period.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Agreement (Metallus Inc.)

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