Performance-Based Sample Clauses
A Performance-Based clause sets specific standards or outcomes that a party must achieve under a contract, rather than prescribing the exact methods to be used. This type of clause typically outlines measurable targets, such as delivery deadlines, quality benchmarks, or service levels, and may include mechanisms for monitoring and evaluating performance. Its core practical function is to ensure accountability and flexibility, allowing the obligated party to determine how best to meet the required results while providing the other party with assurance that agreed-upon objectives will be met.
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Performance-Based. Capitation Rate (5% at risk) – The Contractor shall be put at risk for five percent of its capitation payments. HCA will pay the full month capitation but at the end of the FSR reporting period, will evaluate if the Contractor has fully met the performance expectations for which the Contractor is at risk. If the Contractor falls short on some or all of the performance expectations, HCA will adjust a future monthly capitation payment. HCA identifies no more than ten at-risk performance indicators.
Performance-Based. Capitation Rate (5%-at-risk)
Performance-Based. The Optionee shall have the right to exercise a portion of the Option to purchase 1,750,000 Shares on and after the achievement of the Performance Condition. The “Performance Condition” shall be deemed to have been satisfied if the closing price of the Common Stock is at or above $5.00 for 20 consecutive trading days at any time during the Exercise Term. Each such right to purchase Shares may be exercised in whole, at any time or in part from time to time and shall be cumulative and shall continue, unless sooner exercised or the Option expires as herein provided, during the remaining period of the Exercise Term.
Performance-Based. The study will be performed based and payment will be distributed as follows:
Performance-Based. Contract Stipulations:
Performance-Based. Each outstanding performance-based equity award held by you shall continue to vest after your Separation Date and pay out when such awards are paid pursuant to the applicable award agreement, based upon actual performance attained and multiplied by a fraction, the numerator of which equals the number of days you were employed by the Company during the applicable performance period through your Separation Date and the denominator of which is the total number of days in the applicable performance period. For the avoidance of doubt, and in order to give effect to the immediately preceding sentence, the provisions in any of your award agreements that provides your unvested equity awards shall expire or be forfeited if your employment or service ends prior to the date in which a performance period ends or the date in which an award is settled shall be disregarded.