Calculation of Earnout Percentage. The Earnout Percentage shall be determined in accordance with the following: If the Company’s TSR is Ranked at or Above: The Earnout Percentage is: 80th percentile (Maximum Performance) 200% 65th percentile 150% 50th percentile (Target Performance) 100% 40th percentile 75% 30th percentile (Threshold Performance) 50% Below 30th percentile 0% The Earnout Percentage between the above performance levels shall be determined based on straight line interpolation.
Appears in 2 contracts
Samples: TSR Performance Share Unit Award Agreement (Miller Herman Inc), TSR Performance Share Unit Award Agreement (Miller Herman Inc)
Calculation of Earnout Percentage. The Earnout Percentage shall be determined in accordance with the following: If the Company’s 's TSR is The Earnout Ranked at or Above: The Earnout Percentage is: 80th percentile (Maximum Performance) 200% 65th 70th percentile 150167% 60th percentile 133% 50th percentile (Target Performance) 100% 40th percentile 7567% 30th percentile 34% 25th percentile (Threshold Performance) 5017% Below 30th 25th percentile 0% The Earnout Percentage between the above performance levels shall be determined based on straight line interpolation.
Appears in 1 contract
Samples: Performance Share Award Agreement (Miller Herman Inc)
Calculation of Earnout Percentage. The Earnout Percentage shall be determined in accordance with the following: If the Company’s TSR is Ranked at or Above: The Earnout Percentage is: 80th percentile If the Company's TSR is: Two-times or more than the Peer Group Index TSR (Maximum Performance) 200% 65th percentile 150% 50th percentile (Target Performance) 100% 40th percentile 75% 30th percentile (Threshold Performance) 50% Below 30th percentile 0% The Earnout Percentage between the above performance levels shall be determined based on straight line interpolation.200 %
Appears in 1 contract
Samples: TSR Performance Share Award Agreement (Independent Bank Corp /Mi/)
