Common use of Below Threshold Clause in Contracts

Below Threshold. If, upon the conclusion of the Performance Period, XXX for the Performance Period falls below the threshold level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, no Performance Shares for the Performance Period shall become earned.

Appears in 2 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

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Below Threshold. If, upon the conclusion of the Performance Period, XXX Xxxx’s performance for the Performance Period falls below the threshold level, as set forth in the Performance Matrix contained in the Statement of Xxxx Performance Goals, no Performance Shares for the Performance Period shall will become earned.

Appears in 1 contract

Samples: Performance Share Award Agreement (Dana Inc)

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Below Threshold. If, upon the conclusion of the Performance Period, XXX Dxxx Performance Goals for the Performance Period falls below the threshold level, as set forth in the performance matrix (“Performance Matrix Matrix”) contained in the Statement of Performance Goals, no [no] Performance Shares for the Performance Period shall become earned.

Appears in 1 contract

Samples: Performance Shares Agreement (Dana Holding Corp)

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