Common use of Performance Improvement Plans Clause in Contracts

Performance Improvement Plans. Participants not performing at an acceptable level or who are deemed not in good standing by management at the time of payout are not eligible to receive a bonus payment, regardless of performance during the Plan Year.

Appears in 3 contracts

Sources: Employee Bonus Plan (Gen Probe Inc), Employee Bonus Plan (Gen Probe Inc), Employee Bonus Plan (Gen Probe Inc)