Common use of Performance Percentage Clause in Contracts

Performance Percentage. The Performance Percentage applicable to the Units shall be dependent upon the extent to which the Performance Objective is attained and shall be determined as follows: The Specialty Only Adjusted Economic Combined Ratio for the Award Period is calculated to the nearest one-tenth of one percent. In the event that the SOAECR for the Award Period is not a percentage value shown above, the Performance Percentage shall be determined by straight-line interpolation between the two successive SOAECR values from the table above.

Performance Percentage. The Performance Percentage applicable to the Units shall be dependent upon the extent to which the Performance Objective is attained and shall be determined as follows: The Specialty Only Adjusted Economic Combined Ratio for the Award Period is calculated to the nearest one-tenth of one percent. In the event that the SOAECR Adjusted Economic Combined Ratio for the Award Period is not a whole percentage value shown abovevalue, the Performance Percentage shall be determined by straight-line interpolation between the two successive SOAECR whole Adjusted Economic Combined Ratio values from the table above.

Performance Percentage. The Performance Percentage applicable to the Units shall be dependent upon the extent to which the Performance Objective is attained and shall be determined as follows: 99.5% or higher 0 % 87.5% or lower 200 % The Specialty Only Adjusted Economic Combined Ratio for the Award Period is calculated to the nearest one-tenth of one percent. In the event that the SOAECR for the Award Period is not a percentage value shown above, the Performance Percentage shall be determined by straight-line interpolation between the two successive SOAECR values from the table above.