Performance Meets Expectations Clause Samples
Performance Meets Expectations. If CEO’s performance for the Fiscal Year “meets expectations,” CEO shall not be entitled to receive a Performance Bonus as set forth in Section 2(a)(i) above, nor shall CEO’s MIP Bonus be subject to reduction as set forth in Section 2(a)(iii) below.
Performance Meets Expectations. If Executive’s performance for the Fiscal Year “meets expectations,” Executive shall not be entitled to receive a cash bonus under the Plan as set forth in Section 3(a)(i) above, nor shall Executive’s MIP Bonus be subject to reduction as set forth in Section 3(a)(iii) below.