Common use of Equals or Exceeds Maximum Clause in Contracts

Equals or Exceeds Maximum. If, upon the conclusion of the Performance Period, TSR Relative to Peers for the Performance Period equals or exceeds the maximum level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, 200% of the Target Performance Shares shall become earned.

Appears in 2 contracts

Samples: Long Term Incentive Plan β€” Performance/Restricted Shares Agreement (DPL Inc), Long Term Incentive Plan Performance Shares Agreement (Dayton Power & Light Co)

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Equals or Exceeds Maximum. If, upon the conclusion of the Performance Period, TSR Relative to Peers for the that Performance Period equals or exceeds the maximum level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, 200% of the Target Targeted Performance Shares for that Performance Period shall become earned.

Appears in 1 contract

Samples: Performance Shares Agreement (Dayton Power & Light Co)

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Equals or Exceeds Maximum. If, upon the conclusion of each of the Performance PeriodPeriods, TSR Relative to Peers for the that Performance Period equals or exceeds the maximum level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, 200% of the Target Targeted Performance Shares for that Performance Period shall become earned.

Appears in 1 contract

Samples: Long Term Incentive Plan Performance Shares Agreement (DPL Inc)

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