Common use of Revenue Growth Payout Factor Clause in Contracts

Revenue Growth Payout Factor. 2.3.1 The “Revenue Growth Payout Factor” shall be determined under the table below based on the Revenue Growth of the Company for the Performance Period. Less than $ Less than $ 0 % $ (threshold) $ 60 % $ (target) $ 100 % $ and above (maximum) $ and above 300 % If the Revenue Growth is between any two data points set forth in the second column of the above table, the Revenue Growth Payout Factor shall be determined by interpolation between the corresponding data points in the third column of the table as follows: the difference between the Revenue Growth and the next lower data point shall be divided by the difference between the next higher data point and the next lower data point, the resulting fraction shall be multiplied by the difference between the two corresponding data points in the third column of the table, and the resulting product shall be added to the lower corresponding data point in the third column of the table, with the resulting sum being the Revenue Growth Payout Factor. 2.3.2 The Company’s “Revenue Growth” for the Performance Period is equal to the net sales for the year ended December 31, minus net sales for the year ended December 31, , as net sales are reflected in the Company’s consolidated audited financial statements for those same periods.