Common use of Intermediate Clause in Contracts

Intermediate. If, upon the conclusion of the Performance Period, RTSR for the Performance Period equals the “Intermediate” level, as set forth in the Performance Matrix, 150% of the RTSR PSUs shall become nonforfeitable.

Appears in 6 contracts

Samples: Performance Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp)

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Intermediate. If, upon the conclusion of the Performance Period, RTSR for the Performance Period equals the “Intermediate” level, as set forth in the Performance Matrix, 150% of the RTSR Target PSUs shall become nonforfeitable.

Appears in 3 contracts

Samples: Performance Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp)

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Intermediate. If, upon the conclusion of the Performance Period, RTSR for the Performance Period equals the “Intermediate” level, as set forth in the Performance Matrix, 150% of the RTSR PSUs Target Performance Units shall become nonforfeitable.

Appears in 1 contract

Samples: Performance Unit Agreement (Trimas Corp)

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