Income threshold definition
Examples of Income threshold in a sentence
During your payment obligation, you will not make monthly payments during months in which you meet certain criteria, such as going back to school or earning below an Earned Income threshold (each a “Deferment Period”).
After you leave the program, certain circumstances, such as going back to school or earning below an Earned Income threshold, qualify you for a deferment.
If the RSU Non-GAAP Operating Income threshold level set forth above is satisfied, the Operating Income RSUs will vest on a pro-rata, straight-line basis between 0% and 100% vesting, starting at the RSU threshold Non-GAAP Operating Income level up to the RSU target Non-GAAP Operating Income level.
If the RSU Non-GAAP Operating Income threshold level set forth above is satisfied and the Conditions are satisfied, the Operating Income RSUs will vest on a pro-rata, straight-line basis between 0% and 100% vesting, starting at the RSU threshold Non-GAAP Operating Income level up to the RSU target Non-GAAP Operating Income level.
It means that it missed its Net Income threshold by 20%, therefore the total proportionate adjustment of 12% would go to persons other than the current stockholders of the Company.