Common use of Interpolation Clause in Contracts

Interpolation. If the Adjusted Share Price on the measurement date as set forth herein is between the Threshold and the Half-Target, the Half-Target and Target, the Target and the Double Target, or the Double Target and the Triple Target Maximum, the Performance Multiple applicable to the RSUs shall be the number that is the mathematical linear interpolation between the Performance Multiple applicable at the defined ends of the applicable spectrum.

Appears in 4 contracts

Samples: www.sec.gov, Restricted Stock Units (Actavis PLC), Award Agreement (Actavis PLC)

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Interpolation. If the Adjusted Share Price on the measurement date as set forth herein on Exhibit A is between the Threshold and the Half-Target, the Half-Target and Target, the Target and the Double Target, or the Double Target and the Triple Target Maximum, the Performance Multiple applicable to the RSUs Stock Units shall be the number that is the mathematical linear interpolation between the Performance Multiple applicable at the defined ends of the applicable spectrum.

Appears in 4 contracts

Samples: www.sec.gov, Restricted Stock Units (Actavis PLC), Form Employee Stock Unit Agreement (Actavis PLC)

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