Performance Measurement Sample Clauses
The Performance Measurement clause defines how the success or progress of a party’s obligations under a contract will be assessed. It typically outlines specific metrics, benchmarks, or standards that must be met, such as delivery timelines, quality levels, or service response times. By establishing clear criteria for evaluating performance, this clause ensures accountability and provides a basis for addressing underperformance or disputes.
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Performance Measurement. In addition to any more specific obligations imposed by the terms of the Contract, it shall be the duty of the Contractor to provide the Services to the Contract Standard which in all respects shall be to the satisfaction of the Authorised Officer. The Contractor shall institute and maintain a properly documented system of quality control as set out in the Specification and which is to the satisfaction of the Authorised Officer to ensure that the Contract Standard is met. In addition to any other rights of the Authority and any Beneficiary under the Contract, the Authorised Officer shall be entitled to inspect the Contractor’s quality control system referred to in Clause 5.2 above. During the Contract Period, the Authorised Officer may inspect and examine the provision of the Services being carried out at the Location without notice at any time. The Contractor shall provide to the Authority all such facilities as the Authority may require for such inspection and examination. The Contractor shall allow the Authority and any person, firm or organisation authorised by the Authority to have access to and to audit all records maintained by the Contractor in relation to the supply of the Services. The Contractor shall assist the Authority or any party authorised by the Authority (as the case may be) in the conduct of the audit. If any part of any Service is found to be defective or different in any way from the Specification or otherwise has not been provided to the Contract Standard other than as a result of a default or negligence on the part of the Authority or any Beneficiary, the Contractor shall at its own expense re-perform the Services in question (without additional remuneration therefor) within such time as the Authority or any Beneficiary may reasonably specify failing which the Authority or any Beneficiary shall be entitled to procure performance of the defective Services from a third party or to execute the tasks in question itself. If the cost to the Authority or any Beneficiary of executing or procuring such Services exceeds the amount that would have been payable to the Contractor for such Services, the excess shall be paid by the Contractor to the Authority or any Beneficiary on demand in addition to any other sums payable by the Contractor to the Authority or any Beneficiary in respect of the breach of Contract. If the performance of the Contract by the Contractor is delayed by reason of any act or default on the part of the Authority or any Be...
Performance Measurement. (a) The RSUs are subject to forfeiture until they vest. The Committee shall establish one or more performance goals for the Performance Period, which may consist of business criteria or other metrics at the discretion of the Committee (the “Performance Goals”). The Performance Goals are set forth on Exhibit A hereto. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable on the third (3rd) anniversary of the Grant Date (the “Vesting Date”), subject to the achievement of the minimum threshold Performance Goals for payout and the Participant’s continuous service with the Company through the Vesting Date. Upon the conclusion of the Performance Period, the Committee shall have the sole discretion to determine the level of achievement of the Performance Goals and, in accordance with Exhibit A, the number of RSUs, if any, that vest and shall be settled pursuant to Section 4 below. For purposes of this Agreement, to the extent that an established Performance Goal is reported in the Company’s Form 10-Ks and Form 10-Qs, attainment of any such Performance Goal will be based on the Company’s reporting with respect to such Performance Goal in the Company’s Form 10-Ks and Form 10-Qs as filed with the Securities and Exchange Commission with such adjustments as are recommended by management and approved by the Committee for items that are infrequent in occurrence and/or unusual in nature and consistent with similar adjustments made for purposes of annual bonus compensation.
(b) Notwithstanding any provision of this Award Agreement to the contrary, if the Participant incurs a Termination of Service due to the Participant’s Disability or the Participant’s death, the RSUs shall become fully vested immediately upon such Termination of Service at the target level of performance.
(c) Upon a Change in Control, the Award shall be treated in accordance with Section 4.1 of the Plan.
(d) Notwithstanding any provision of this Award Agreement to the contrary, if the Participant’s Termination of Service is due to retirement, the RSUs shall not be forfeited as a result of such retirement and shall remain eligible to vest upon the conclusion of the Performance Period as provided in Section 3(a), provided that the Participant does not work for or provide services to any entity considered to be a competitor of the Company during any remaining portion of the Performance Period. The number of RSUs that shall remain eligible to vest upon the conclusion of the Perfo...
Performance Measurement. The Department shall measure the Contractor's performance based on Medi-Cal approved claims and other data available to the Department using standard measures established by the Department in consultation with stakeholders.
Performance Measurement. Satisfactory performance of this Contract will be measured by:
(a) Adherence to this Contract, including all representations and warranties;
(b) Delivery of the Services and Deliverables;
(c) Results of audits performed by HHSC or its representatives in accordance with Article 9, “Audit and Financial Compliance”;
(d) Timeliness, completeness, and accuracy of required reports; and
(e) Achievement of performance measures developed by MCO and HHSC and as modified from time to time by written agreement during the term of this Contract.
Performance Measurement. Contractor’s performance will be measured in accordance with Section 6.01 of the UTC and as set forth in this Article 11. Contractor is expected to meet or exceed the objectives and standards set forth in this Agreement. Any and all responsibilities and requirements not fulfilled may be subject to the remedies set forth in Article 11 of the UTC and Article 14 of this Agreement. Contractor will meet or exceed the performance requirements of this Agreement, consistent with the provisions of the SOW and the Proposal as clarified and modified.
Performance Measurement. The Uniform Guidance requires completion of OMB-approved standard information collection forms (the PPR). The form focuses on outcomes, as related to the Federal Award Performance Goals that awarding Federal agencies are required to detail in the Awards.
Performance Measurement. The Uniform Guidance requires completion of OMB-approved standard information collection forms (the PPR). The form focuses on outcomes, as related to the Federal Award Performance Goals that awarding Federal agencies are required to detail in the Awards. Section 200.301 provides guidance to Federal agencies to measure performance in a way that will help theFederal awarding agency and other non-Federal entities to improve program outcomes. The Federal awarding agency is required to provide recipients with clear performance goals, indicators, and milestones (200.210). Also, must require the recipient to relate financial data to performance accomplishments of the Federal award.
Performance Measurement. (A) Annually, the Contractor shall:
(1) Measure and report to the Department its performance, using standard measures required by the Department and/or CMS;
(2) Submit to the Department data specified by the Department that enables the Department to measure the Contractor’s performance; or
(3) Perform a combination of the above activities.
Performance Measurement. Satisfactory performance of this Agreement will be measured by:
Performance Measurement. Satisfactory performance of this CTSA will be measured by:
(a) Adherence to this CTSA, including all representations, warranties and covenants;
(b) Compliance with Project work plans, schedules, and milestones as mutually agreed in accordance with the TEX-AN NG Customer Services Agreements;
(c) Delivery of the Services in accordance with the Service Level Agreements agreed to in Exhibit D Performance Management;
(d) Results of audits performed by DIR or its representatives in accordance with Article 8;
(e) Timeliness, completeness, and accuracy of required reports agreed to in Exhibit F Reporting; and
(f) Achievement of other performance measures developed by Vendor and DIR and as modified from time to time by written agreement.