Common use of Threshold Clause in Contracts

Threshold. If, upon the conclusion of the Performance Period, Total Stockholder Return for the Performance Period equals the threshold level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, 35% of the Target Performance Shares for the Performance Period shall become earned.

Appears in 6 contracts

Samples: Performance Shares Agreement (Usg Corp), Performance Shares Agreement (Usg Corp), Performance Shares Agreement (Usg Corp)

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Threshold. If, upon the conclusion of the Performance Period, Total Stockholder Return for the Performance Period equals the threshold level, as set forth in the Performance Matrix contained in the Statement of Performance Goals, 35% of the Target Performance Shares for the Performance Period shall become earned.. USG Corporation Performance Shares Agreement (N. America/Officers)

Appears in 1 contract

Samples: Performance Shares Agreement (Usg Corp)

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