Calculation of Production Growth Component. The extent to which the Production Growth component of the Performance Measures is achieved (the “Production Growth Achievement”) shall be determined as set forth on the following chart: Threshold Performance Target Performance Maximum Performance Production Growth 34,470 BOE/D 39,100 BOE/D 44,100 BOE/D Production Growth Achievement 25% 100% 175% The Production Growth Achievement for performance between Threshold Performance and Target Performance, or between Target Performance and Maximum Performance, shall be determined by linear interpolation between the values listed in the chart above. If the Threshold Performance condition is not satisfied, the Production Growth Achievement percentage shall be 0%.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Berry Petroleum Co), Restricted Stock Unit Award Agreement (Berry Petroleum Co), Restricted Stock Unit Award Agreement (Berry Petroleum Co)
Calculation of Production Growth Component. The extent to which the Production Growth component of the Performance Measures is achieved (the “Production Growth Achievement”) shall be determined as set forth on the following chart: Threshold Performance Target Performance Maximum Performance Production Growth 34,470 41,100 BOE/D 39,100 47,100 BOE/D 44,100 53,200 BOE/D Production Growth Achievement 25% 100% 175% The Production Growth Achievement for performance between Threshold Performance and Target Performance, or between Target Performance and Maximum Performance, shall be determined by linear interpolation between the values listed in the chart above. If the Threshold Performance condition is not satisfied, the Production Growth Achievement percentage shall be 0%.
Appears in 4 contracts
Samples: Berry Petroleum Company 2010 (Berry Petroleum Co), Berry Petroleum Company 2010 (Berry Petroleum Co), Berry Petroleum Company 2010 (Berry Petroleum Co)
