Common use of Between Target and Maximum Clause in Contracts

Between Target and Maximum. If, upon the conclusion of the Performance Period, XXX exceeds the target level, but is less than the maximum level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, the Target Performance Shares shall become earned based on performance during the Performance Period, as determined by mathematical straight-line interpolation between 100% of the Target Performance Shares and 200% of the Target Performance Shares.

Appears in 2 contracts

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

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Between Target and Maximum. If, upon the conclusion of the Performance Period, XXX exceeds Dxxx Performance Goals exceed the target level, but is less than the maximum level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, the Target Performance Shares shall become earned based on performance during the Performance Period, as determined by mathematical straight-line interpolation between 100___% of the Target Performance Shares and 200___% of the Target Performance Shares.

Appears in 1 contract

Samples: Performance Shares Agreement (Dana Holding Corp)

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Between Target and Maximum. If, upon the conclusion of the Performance Period, XXX Xxxx’s performance exceeds the target level, but is less than the maximum level, as set forth in the Performance Matrix contained in the Statement of Xxxx Performance Goals, the Target Performance Shares shall will become earned based on performance during the Performance Period, as determined previously approved by mathematical straight-line interpolation between 100% of the Target Performance Shares and 200% of the Target Performance SharesBoard or a committee thereof.

Appears in 1 contract

Samples: Performance Share Award Agreement (Dana Inc)

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