Common use of Equals or Exceeds Maximum Clause in Contracts

Equals or Exceeds Maximum. If, upon the conclusion of a Nested Period, RTSR for the Nested Period equals or exceeds the maximum level, as set forth in the Performance Matrices, 200% will be the Payout Percentage for such Nested Period.

Appears in 2 contracts

Samples: Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

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Equals or Exceeds Maximum. If, upon the conclusion of a Nested Period, RTSR for the Nested Period equals or exceeds the maximum level, as set forth in the Performance MatricesMatrix, 200% will be the Payout Percentage for such Nested Period.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Agreement (Metallus Inc.)

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Equals or Exceeds Maximum. If, upon the conclusion of a Nested Period, RTSR for the Nested Period equals or exceeds the maximum level, as set forth in the Performance Matrices, 200150% will be the Payout Percentage for such Nested Period.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

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