Business Criteria. One or more of the following business criteria for the Company, on a consolidated basis, and/or for specified subsidiaries or business or geographical units of the Company (except with respect to the total unitholder return and earnings per unit criteria), shall be used by the Committee in establishing performance goals for such Performance Awards: (1) earnings per unit; (2) increase in revenues; (3) increase in cash flow; (4) increase in cash flow from operations; (5) increase in cash flow return; (6) return on net assets; (7) return on assets; (8) return on investment; (9) return on capital; (10) return on equity; (11) economic value added; (12) operating margin; (13) contribution margin; (14) net income; (15) net income per unit; (16) pretax earnings; (17) pretax earnings before interest, depreciation and amortization; (18) pretax operating earnings after interest expense and before incentives, service fees, and extraordinary or special items; (19) total unitholder return; (20) debt reduction; (21) market share; (22) change in the Fair Market Value of the Units; (23) operating income; and (24) any of the above goals determined on an absolute or relative basis or as compared to the performance of a published or special index deemed applicable by the Committee including, but not limited to, the Standard & Poor’s 500 Stock Index or a group of comparable companies. One or more of the foregoing business criteria shall also be exclusively used in establishing performance goals for Performance Awards granted to an Executive Officer under this Article XIII that are intended to qualify as “performance-based compensation” under Section 162(m) of the Code.
Business Criteria. Target Criteria Percentage of Weight Relative to your Total Potential Award Points Production Growth: equivalent production at least 110 Bcfe for YE 2013, but taking into account the effect of property sales, if applicable. 15 % 0-30 Reserve Growth: Increase in reserves of 120 Bcfe over 2012 YE reserves, excluding 2013 YE production and the effect of property sales, if applicable. 15 % 0-30 F&D Costs: not to exceed $3.40 per Mcfe at year end 2013 10 % 0-20 XXX & G&A: 2013 XXX and G&A per Mcfe of production no more than a 7% increase in XXX and G&A per Mcfe of production, measured against 2012 XXX and G&A per Mcfe of production (excluding hurricane expenses and insurance credits for such expenses) 10 % 0-20 Total 50 % 100
Business Criteria. Your business is eligible to apply for preference as a Section 3 Business if, in addition to meeting all applicable state and local regulations, it self-certifies that it meets one or more of the following criteria (you must check at least one):
Business Criteria. Target Criteria Percentage of Weight Relative to your Total Potential Award Points Production Growth: equivalent production at least 18.55 MMBoe (111.3 Bcfe) for YE 2014, but taking into account the effect of property sales, if applicable as deemed by the Compensation Committee. 17.5% 0-35 Reserve Growth: Increase in reserves of at least 5% over 2013 YE reserves (~123.6 MMboe); but taking into effect the effect of property sales year over year, if applicable as deemed by the Compensation Committee. 17.5% 0-35 F&D Costs: not to exceed $22.50 per Boe ($3.75 per Mcfe) at year end 2014 5% 0-10 LXX & G&A: 2014 LXX and G&A per Boe of production no more than a 5% increase in LXX and G&A per Mcfe of production, measured against 2013 LXX and G&A per Boe of production (excluding hurricane expenses, insurance credits for such expenses and/or other extraordinary event) 10% 0-20 Total 50% 100 The number of points you receive on each individual scale shall be determined as follows, using a straight-line interpolation: Production Growth – Total Production for 2014; but taking into account the effect of property sales, if applicable as deemed by the Compensation Committee. (Measurement rounded to nearest 1/10th decimal) Performance Level Points Maximum: greater than 21.6 MMBoe (129.9 Bcfe) 35 Target: 18.55 MMBoe (111.3 Bcfe ) 17.5 Threshold: 18 MMBoe (108 Bcfe) 8.75 Below Threshold 0 Reserve Growth – In 2014, increase in reserves over 2013 Year-end reserves of 117.7 MMBoe; and taking into consideration the effect of property sales year over year, if applicable as deemed by the Compensation Committee. (Measurement rounded to the nearest 1/10th decimal) Performance Level Points Maximum: increase in reserves of greater than 12.5% over 2013 YE reserves (~132.4 MMBoe) 35 Target: increase in reserves of greater than 5% over 2013 YE reserves (~123.6 MMBoe) 17.5 Threshold: increase in reserves of greater than 2% over 2013 YE reserves (~120 MMBoe) 8.75 Below Threshold 0 F&D Costs: for 2014 not to exceed a specified dollar amount per Boe at year end 2014. “F&D” is defined as the total capital dollars spent in 2014 plus changes in ARO; divided by proved reserves added for the year 2014. Performance Level Points Maximum: F&D costs not to exceed $15 per Boe ($2.50 per Mcfe) at year end 2014 10 Target: F&D costs not to exceed $22.50 per Boe ($3.75 per Mcfe) at year end 2014 5 Threshold: not to exceed $24.00 per Boe ($4.00 per Mcfe) at year end 2014 2.5 Below Threshold 0
Business Criteria. One or more of the following business criteria for the Company, on a consolidated basis, and/or for specified Affiliates or business units of the Company (except with respect to the total stockholder return and earnings per share criteria), shall be used exclusively by the Committee in establishing performance goals for such Performance Awards: (a) total stockholder return; (b) such total stockholder return as compared to the total return (on a comparable basis) of a publicly available index such as, but not limited to, the Standard & Poor’s 500 or the Nasdaq-U.S. Index;
Business Criteria. The Specialist Physician Credentials constitute the Credentialing Criteria for the professional qualifications of physician Providers. Specialist Physician qualifying under the Specialist Physician Credentials shall be evaluated by IPA to determine if such Specialist Physician fulfills the Business Criteria. The Business Criteria of IPA regard the evaluation of the Specialist Physician in the context of the business needs of IPA and its clients.
Business Criteria. The performance goals for Performance Awards shall be based exclusively on one or more of the following individual, corporate-wide or subsidiary, division or operating unit financial measures:
Business Criteria. The parties agree that, subject to the principles outlined above, the appropriateness of any proposal to contract out will be evaluated on a “business case” basis. Business case criteria will include, but are not limited to: • Reliability of service to the customer • Responsiveness to customers • Community impact • Corporate relations impact • External stakeholder interests • Employment continuity • Career opportunities • Ability to perform work • Degree of overtime required for the work • Availability of resources • Cost • Timeliness • Quality • Need for control over results • Safety and • Impact on environment
Business Criteria. A. APPLICABILITY
Business Criteria. One or more of the following business criteria for the Company, on a consolidated basis, and/or for specified Affiliates or business units of the Company (except with respect to the total stockholder return and earnings per share criteria), shall be used exclusively by the Committee in establishing performance goals for such Performance Awards: (a) total stockholder return; (b) such total stockholder return as compared to the total return (on a comparable basis) of a publicly available index such as, but not limited to, the Standard & Poor’s 500 or the Nasdaq-U.S. Index; (c) net income or net operating income; (d) pre-tax earnings or profits; (e)
