Performance Goal Adjustments Sample Clauses
The Performance Goal Adjustments clause allows for the modification of established performance targets under certain circumstances. Typically, this clause outlines the conditions or events—such as changes in market conditions, regulatory requirements, or unforeseen disruptions—that may warrant revising the original goals. By providing a structured process for adjusting performance expectations, the clause ensures fairness and flexibility, helping both parties adapt to changing circumstances and maintain realistic, achievable objectives.
Performance Goal Adjustments. Pursuant to Section 10(c) of the Plan, the Committee may at any time, in its sole discretion, make any adjustments to the Performance Goals set forth in this award, or to the calculation of the Company’s financial or other results for the Performance Period or any portion thereof, or may reduce or increase any applicable Percentage Payouts, in order to reflect any unusual or infrequent events, such as or relating to new legislation, regulatory orders/outcomes, asset write-offs, weather, storms, supply chain disruptions, commodity prices, or mergers, acquisitions or dispositions involving the Company, that were not contemplated at the time of grant.
Performance Goal Adjustments. None anticipated.
Performance Goal Adjustments. Pursuant to Section 10(c) of the Plan, the Committee may at any time, in its sole discretion, remove or revise any performance goals or other performance objectives for this Goal-Based Stock Award. The Committee may exercise negative discretion to reduce payments under this Agreement as it deems appropriate.
Performance Goal Adjustments. The Committee has the authority to make an equitable and proportionate adjustment to the price of Corporation’s Common Stock to the extent (if any) necessary to preserve the intended incentives of the PSUs and mitigate the impact of any stock split, stock dividend (excluding regular cash dividends), reverse stock split or other applicable Share Change (as defined in the Plan) occurring between the start of the 30 day period over which the Beginning Stock Price is measured and the end of the Performance Period.
Performance Goal Adjustments. Performance Criteria: