50% Threshold definition

50% Threshold means, at any point in time, including, without limitation, following the exercise of the Class A Warrant and/or the Class B Warrant, the record ownership by the Investor or its Affiliates of such number of shares of Series C Preferred Stock, Class B Warrant Shares and/or Common Stock of the Company which if (a) owned outright as Common Stock, or (b) as to Series C Preferred Stock (including, without limitation, Class A Warrant Shares), was fully converted into Common Stock, would represent in the aggregate fifty percent (50%) or more of the issued and outstanding shares of Common Stock of the Company at such point in time.
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Examples of 50% Threshold in a sentence

  • By: Name: Its: Grantee Name Grantee Signature 2010 33 1/3 % 100% (Target) 50% (Threshold) 2011 performance objectives to be determined by the Committee by March 31, 2011 and provided to Grantee, at which time, this Schedule I shall be deemed modified accordingly.

  • Maximum At or above the 75th Percentile 100% Target At the 50th Percentile 50% Threshold At the 25th Percentile 25% Less than Threshold Below the 25th Percentile 0% * The Performance Factor will be determined based on straight line interpolation for relative performance between the Threshold-Target and Target-Maximum Award Levels set forth above.

  • Maximum [ ] 100% Above Target [ ] 75% Target [ ] 50% Threshold [ ] 25% Less than Threshold [ ] 0% * The Relative TSR Performance Vesting Percentage will be determined based on straight line interpolation for relative performance between the Award Levels above Threshold set forth above.

  • RPU Performance Levels (payouts) range from 50% Threshold to 100% Target to 200% Maximum.

  • Your bonus shall be calculated as follows: EBIT Bonus as % of Salary Maximum (130% of Plan) 80% Target (100% of Plan) 50% Threshold (90% of Plan) 30% For actual EBIT amounts between the Threshold and Target amounts or between the Target and Maximum amounts, the bonus payable shall be calculated based on a straight-line interpolation between the respective amounts.

  • Your bonus shall be calculated as follows: Maximum (130% of Plan) 80% Target (100% of Plan) 50% Threshold (90% of Plan) 20% For actual diluted EPS amounts between the Threshold and Target amounts or between the Target and Maximum amounts, the bonus payable shall be calculated based on a straight-line interpolation between the respective amounts.

  • The determination of whether the 50% Threshold has been reached shall exclude any Permitted Transfers.

  • Outstanding $30 or higher 100% Target $24 50% Threshold $18 35% < Threshold less than $18 0% The Performance Percentage shall be determined by the Committee and certified by the Committee in writing before the Option shall become exercisable on or after the applicable Vesting Date.

  • Targets and payouts are as follows: Threshold $4.34 50% Threshold 10.0% 50% Target $4.50 100% Target 11.8% 100% Stretch $4.80 200% Stretch 13.6% 200% For the EPS Metric, the percentage of the payout will range from 50% to 200% for performance between $4.34 to $4.80, as shown in the table above, with pro rata increases, at 1/10th of 1% increments, between each listed percentage above.