Annual Objectives Sample Clauses

Annual Objectives. 1. By September 15 of each year the Sponsor shall provide the School with academic student performance data on state required assessments for each student attending the School that was enrolled the prior year in another public school, pursuant to s. 1002.33(7)(a)3., Florida Statutes. The Sponsor may fulfill this requirement by providing the School access to the data.
AutoNDA by SimpleDocs
Annual Objectives. Executive acknowledges that the Board, in consultation with Executive, will establish annual objectives for Executive to satisfy. Executive agrees to use his best efforts to substantially achieve these annual objectives.
Annual Objectives a. By September 15th of each year the District shall provide the School with academic student performance data on state required assessments for each student attending the School who was enrolled the prior year in another public school, pursuant to s. 1002.33(7)(a)3., Florida Statutes. The District may fulfill this requirement by providing the School access to the data.
Annual Objectives. Executive acknowledges that the Board, in consultation with Executive, will establish annual objectives for Executive. Executive agrees to use his best efforts to substantially achieve these annual objectives, provided, however, that the failure to achieve these annual objectives shall not, by itself, constitute a breach of this Agreement and shall not, by itself, give rise to a termination for Cause.
Annual Objectives. For a given fiscal year, where the Annual Objectives are met: (i) the portion of the Performance-Based Options allocated to such fiscal year shall vest on April 1st of the subsequent fiscal year, if Grantee is Executive Chairman or Chairman and Chief Executive Officer on such date (As used herein, all references to the position of “EC/CEO” shall include the position of Executive Chairman and Chairman and Chief Executive Officer.) ; (ii) in the event of the termination of Grantee’s role as EC/CEO or employment for Cause prior to the April 1st of the subsequent fiscal year, then the portion of the Performance-Based Options allocated to the fiscal year in which such termination occurs shall vest on a pro-rata basis for such part of that year that the Grantee was EC/CEO (based upon the number of days Grantee was employed by the Company as EC/CEO during such calendar year divided by 365); (iii) in the event of the termination of Grantee’s role as EC/CEO other than for Cause, then all Performance-Based Options scheduled to vest on the first April 1 following such termination shall vest on such April 1 if Grantee remains a Key Person as of such date or if such termination was by reason of death or disability and in addition a pro-rata share of the Performance-Based Options scheduled to vest on the second April 1 following such termination shall vest on the date that is one year following such termination (“Termination Anniversary”) if Grantee remains a Key Person as of such date or if such termination was by reason of death or disability (based upon the number of days from the second April 1 to the Termination Anniversary) but no Options scheduled to vest more than one year after such termination shall vest even if Grantee maintains his status as a Key Person through the scheduled vesting date. Where the Annual Objectives for such fiscal year are not met, the portion of the Performance-Based Options allocated to such fiscal year shall be forfeited, unless the Board in its sole discretion determines that all or a portion of the Performance-Based Option allocated to such fiscal year shall vest upon meeting further conditions as defined by the Board. (As used herein, all references to the position of “EC/CEO” shall include the position of Executive Chairman and Chairman and Chief Executive Officer.)
Annual Objectives. For a given fiscal year, where the Annual Objectives are met, the portion of the Performance-Based Options allocated to such fiscal year shall vest on April 1st of the subsequent fiscal year, provided that no Termination of Employment of the Grantee (other than voluntary termination at age 65 or older (“Retirement”), death or Disability) has occurred prior to April 1st of such subsequent fiscal year. In the event of death, Disability or Retirement, for a given fiscal year where the Annual Objectives are met, the portion of the Performance-Based Options allocated to the fiscal year in which such event occurs shall vest on a pro-rata basis for such part of that year that the Grantee is actively employed. Where the Annual Objectives for such fiscal year are not met, the portion of the Performance-Based Options allocated to such fiscal year shall be forfeited, unless the Board in its sole discretion determines that all or a portion of the Performance-Based Option allocated to such fiscal year shall vest upon meeting further conditions as defined by the Board.
Annual Objectives. 3 1 Each year the Board will, in consultation with you, establish corporate objectives for the forthcoming year which the Board will expect you to work towards having the Company achieve. The Board will act reasonably in establishing such corporate objectives and it is recognized that circumstances may change from time to time which result in such corporate objectives being modified prior to being achieved.
AutoNDA by SimpleDocs
Annual Objectives. The system shall include a list of outcome­based, measurable objectives to be achieved which have been mutually agreed upon between the Fire Chief and each individual employee appointed to a Fire Management Group A class. A relative weight will be assigned to each objective listed with a minimum weight of ten percent (10%) and all must total one hundred percent (100%).
Annual Objectives 

Related to Annual Objectives

  • Goals Goals define availability, performance and other objectives of Service provisioning and delivery. Goals do not include remedies and failure to meet any Service Goal does not entitle Customer to a Service credit.

Time is Money Join Law Insider Premium to draft better contracts faster.