Common use of Performance Condition Clause in Contracts

Performance Condition. The Performance Condition is based upon the Company’s ROIC for the 2016 calendar year (the “Performance Period”). Following the end of the Performance Period, but in no event later than March 1, 2017, the Committee shall certify the Company’s ROIC for the 2016 calendar year, and based on the level of ROIC achieved and the table below, shall determine the percentage of Target PSUs that are earned ( the “Earned PSUs”). Maximum 9.5% 200% (the Maximum Shares) Target 5.5% 100% Threshold 1.6% 50% (i) The percentage of Target PSUs that become Earned PSUs for actual ROIC between the Threshold level and the Target level or between the Target level and the Maximum level shall be determined on a pro rata basis using straight line interpolation. If actual ROIC is less than Threshold, none of the PSUs shall become Earned PSUs and no further rights shall exist under this Agreement. The number of Earned PSUs shall not exceed 200% of Target PSUs.

Performance Condition. The Performance Condition is based upon the Company’s ROIC for the 2016 2017 calendar year (the “Performance Period”). Following the end of the Performance Period, but in no event later than March 1, 20172018, the Committee shall certify the Company’s ROIC for the 2016 2017 calendar year, and based on the level of ROIC achieved and the table below, shall determine the percentage of Target PSUs that are earned ( the “Earned PSUs”). Maximum 9.59.7% 200% (the Maximum Shares) Target 5.55.7% 100% Threshold 1.61.8% 50% (i) The percentage of Target PSUs that become Earned PSUs for actual ROIC between the Threshold level and the Target level or between the Target level and the Maximum level shall be determined on a pro rata basis using straight line interpolation. If actual ROIC is less than Threshold, none of the PSUs shall become Earned PSUs and no further rights shall exist under this Agreement. The number of Earned PSUs shall not exceed 200% of Target PSUs.

Performance Condition. The Performance Condition is based upon the Company’s ROIC for the 2016 2018 calendar year (the “Performance Period”). Following the end of the Performance Period, but in no event later than March 1, 20172019, the Committee shall certify the Company’s ROIC for the 2016 2018 calendar year, and based on the level of ROIC achieved and the table below, shall determine the percentage of Target PSUs that are earned ( the “Earned PSUs”). Maximum 9.514.0% 200% (the Maximum Shares) Target 5.59.1% 100% Threshold 1.64.5% 50% (i) The percentage of Target PSUs that become Earned PSUs for actual ROIC between the Threshold level and the Target level or between the Target level and the Maximum level shall be determined on a pro rata basis using straight line interpolation. If actual ROIC is less than Threshold, none of the PSUs shall become Earned PSUs and no further rights shall exist under this Agreement. The number of Earned PSUs shall not exceed 200% of Target PSUs.

Performance Condition. The Performance Condition is based upon the Company’s ROIC for the 2016 2019 calendar year (the “Performance Period”). Following the end of the Performance Period, but in no event later than March 1, 20172020, the Committee shall certify the Company’s ROIC for the 2016 2019 calendar year, and based on the level of ROIC achieved and the table below, shall determine the percentage of Target PSUs that are earned ( the “Earned PSUs”). Maximum 9.513.7% 200% (the Maximum Shares) Target 5.58.6% 100% Threshold 1.63.8% 50% (i) The percentage of Target PSUs that become Earned PSUs for actual ROIC between the Threshold level and the Target level or between the Target level and the Maximum level shall be determined on a pro rata basis using straight line interpolation. If actual ROIC is less than Threshold, none of the PSUs shall become Earned PSUs and no further rights shall exist under this Agreement. The number of Earned PSUs shall not exceed 200% of Target PSUs.