Threshold Performance Objectives. Each grant may specify in respect of the specified Performance Objectives a minimum acceptable level of achievement below which no payment will be made and may set forth a formula for determining the amount of any payment to be made if performance is at or above such minimum acceptable level but falls short of the maximum achievement of the specified Performance Objectives.
Appears in 5 contracts
Sources: 2017 Omnibus Stock Incentive Plan (RBB Bancorp), Omnibus Incentive Plan (Ii-Vi Inc), Omnibus Incentive Plan (Ii-Vi Inc)