Common use of Threshold Level Requirement Clause in Contracts

Threshold Level Requirement. If, upon the conclusion of the Performance Period, any of the Management Objectives fall below the threshold levels set forth in the performance matrix contained in the Statement of Performance Goals (the “Performance Matrix”), none of the Performance Shares shall become earned.

Threshold Level Requirement. If, upon the conclusion of the applicable Performance Period, any of the Management Objectives fall below the threshold levels set forth in the performance matrix contained in the Statement of Performance Goals (the “Performance Matrix”)) for such Performance Period, none of the Performance-Based Restricted Shares for such Performance Shares Period as set forth on the Performance Matrix shall become earnedvested.