Performance Criterion Sample Clauses

Performance Criterion. The Company’s Earnings before Interest, Taxes, Depreciation and Amoritzation (“EBITDA”) shall be established as the Performance Criterion for the Award Pool.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Performance Criterion. During the Performance Period, all PSUs subject to this Agreement will performance vest based on the “60-Day VWAP” (as defined below) as follows: • 15% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $5.75; • an additional 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $8.00 (for an aggregate of 40% of the Target Number of PSUs); • an additional 20% of Target Number of PSUs will performance-vest if the 60-Day VWAP is above $12.00 (for an aggregate of 60% of the Target Number of PSUs); • an additional 40% of the Target Number of PSUs granted will performance-vest if the 60-Day VWAP is above $16.00 (for an aggregate of 100% of the Target Number of PSUs); • an additional 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $20.00 (for an aggregate of 125% of the Target Number of PSUs); • an additional 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $24.00 (for an aggregate of 150% of the Target Number of PSUs); • an additional 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $28.00 (for an aggregate of 175% of the Target Number of PSUs); and • an additional 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $32.00 (for an aggregate of 200% of the Target Number of PSUs).
Sample 1
Performance Criterion. The Performance Criterion applicable to the award is total shareholder return, or “TSR” as more fully described in your Notice of Award. In determining the actual number of Shares to be paid out pursuant to this Exhibit A on the Vesting Date, the Committee will determine the Company’s TSR over the Performance Period and compare such number against the TSRs for the companies included in the “Peer Group” defined in your Notice of Award. The performance and payout scale is set forth in your Notice of Award. Promptly after the end of the Performance Period, and in any event, within 2 ½ months after the end of the Performance Period, the Committee shall determine the Company’s performance against the Peer Group and the number of Shares to be paid out upon vesting.
Sample 1Sample 2
Performance Criterion. During the Performance Period, all PSUs subject to this Agreement will performance vest based on the “60-Day VWAP” (as defined below) as follows: • 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $1.15; • an additional 25% of the Target Number of PSUs will performance-vest if the 60-Day VWAP is above $1.40 (for an aggregate of 50% of the Target Number of PSUs); • an additional 25% of Target Number of PSUs will performance-vest if the 60-Day VWAP is above $1.75 (for an aggregate of 75% of the Target Number of PSUs); • an additional 25% of the Target Number of PSUs granted will performance-vest if the 60-Day VWAP is above $2.00 (for an aggregate of 100% of the Target Number of PSUs);
Sample 1
Performance Criterion. The following performance criterion shall apply to this conditional award: The Company’s cumulative total shareholder return over the period that commences on Performance Period Start Date and ends on Performance Period End Date, relative to the cumulative total shareholder return of the constituents of the S&P SmallCap 600 over the period that commences on Performance Period Start Date and ends on Performance Period End Date, calculated on a percentile ranking basis.
Sample 1
Performance Criterion. The objective of the soil washing research activities was to undertake a treatability study and test to determine the feasibility of removing radium from soil by using commercially available physical beneficiation technology. The performance criterion was targeted to produce at least 80% of the activity recovery in 20% or less of the original contaminated soil volume. It was decided to conduct the separation analysis not in terms of the final activity of the soil, but rather in terms of two parameters, namely the “activity separation efficiency,” and the “weight reduction efficiency or volume reduction factor.” The “activity,” unless otherwise mentioned, refers to the gross alpha activity (pCi/gm). The volume reduction criterion is considered to be satisfied provided the activity separation efficiency is obtained beyond the “threshold” value (80%). The “concentrate” and “tailings” mentioned herein are referred to as the radium-enriched and radium-lean fractions. The parameters were calculated as follows: Activity Separation Efficiency (%) =(Concentrate wt) (Gross alpha activity in concentrate) × 100 (Feed soil wt) (Gross alpha activity in feed soil) Weight Reduction Efficiency or Volume Reduction Factor, (%) = Tailings weight Feed soil weight × 100
Sample 1
Performance Criterion. The Performance Criterion applicable to the Performance Units shall be the same Performance Criterion established by the Company pursuant to the 2005 Omnibus Incentive Plan for its officers as part of its January 2013 compensation determinations.
Sample 1
AutoNDA by SimpleDocs
Performance Criterion. The Performance Criterion shall be the Company’s Total Shareholder Return (“TSR”) versus the TSR for the S&P Small Cap 600 Index for the performance period which begins on the Date of Grant and ends on December 31, 2018 (“Benchmark”). Performance at the 50% percentile is the “Target” level at which half of the number of Performance Units shall vest and become payable. The number of the Performance Units that will vest and become payable pursuant to this Section 3 shall be determined by applying the “Percentage of Units Vesting” amount in the column below, with linear interpolation used to determine payout percentages between levels; provided that (i) no Performance Units shall vest if performance is below 25th percentile, (ii) no more than 100% of the Performance Units can vest and (iii) in the event Company TSR is negative, the percentage of Performance Units vesting shall in no event exceed 50%.
Sample 1

Related to Performance Criterion

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Goal (a) Subject to the following sentence, the Performance Goal is set out in Appendix A hereto, which Appendix A is incorporated by reference herein and made a part hereof. Notwithstanding the foregoing, the provisions of Section 13 or any other provision of A-1 this Agreement to the contrary, the Committee reserves the right to unilaterally change or otherwise modify the Performance Goal in any manner whatsoever (including substituting a new Performance Goal), but only to the extent that the Committee has first determined that the exercise of such discretion would not cause the Performance Share Units to fail to qualify as “performance-based compensation” under Section 162(m) of the Code. If the Committee exercises such discretionary authority to any extent, the Committee shall provide the Grantee with a new Appendix A in substitution for the Appendix A attached hereto, and such new Appendix A and the Performance Goal set out therein (rather than the Appendix A attached hereto and the Performance Goal set out therein) shall in all events apply for all purposes of this Agreement.

  • PERFORMANCE OBJECTIVES 4.1 The Performance Plan (Annexure A) sets out-

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Performance Factors (a) Each party will notify the other party of the existence of a Performance Factor, as soon as reasonably possible after the party becomes aware of the Performance Factor. The Notice will:

  • 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.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

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