Performance Weighting Sample Clauses

Performance Weighting. Weightings allow emphasis to be placed on KPAs and key objectives that carry more importance and/or take more time. Every KPA in the performance agreement or plan must be assigned a weighting. The total of the weightings on each of the two components of the performance plan must add up to 100. The purpose of the weighting is to enable Council to ensure performance of the key objectives with the highest strategic importance, and to reward outstanding performance accordingly.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Performance Weighting. The actual results of each performance measure, described below, will be adjusted to reflect each measure’s weighting. Performance Measure Weighting Strategic Objective 20% Total Shareholder Return 50% Return on Capital 30%
Sample 1Sample 2
Performance Weighting. The actual results of each performance measure, described below, will be adjusted to reflect each measure’s weighting. Performance Measure Weighting Return on Capital 40% Asset Performance Improvement 60%
Sample 1
Performance Weighting. The actual results of each performance measure, described below, will be adjusted to reflect each measure’s weighting. Performance Measure Weighting Total Shareholder Return 50% Return on Capital 50% Performance Measures Total Shareholder Return (“TSR”) Subject to adjustments, for the TSR measure, the Participant will earn between 0% and 200% (share amounts being straight-line interpolated) of the number of PSUs covered by the Initial Grant. TSR vs. Peers During the Performance Period 20 percentage points below median 10 percentage points below median Median 10 percentage points above median 20 percentage points above median Payout 0% 50% 100% 150% 200% Notwithstanding anything in the Agreement to the contrary, payouts for the TSR measure that otherwise would have been more than 100% of target will be capped at 100% of target if the Company’s TSR is negative over the Performance Period. TSR shall be calculated as follows: 58409620v.3 Relative TSR shall be measured each calendar year in the Performance Period. For example, TSR for 2021 shall be determined using January 1, 2022 as the end point and January 1, 2021 as the beginning point. Interim payout levels shall be determined based on relative TSR for each calendar year. The payout levels for each calendar year shall be added and their sum shall be divided by 3 to determine final payout of the TSR measure. The peer group includes the following companies: Canfor Corp Xxxxxx International Inc. Clearwater Paper Corp Rayonier Advanced Materials Western Forest Products Inc.* Verso Corp - A Domtar Corp Xxxx Xxxxxx Timber Co. LTD Interfor Corp *Note that the peer group included Conifex Timber Inc. until December 31, 2019 and Western Forest Products Inc. since January 1, 2020. The Committee may, in its sole discretion, make adjustments to the peer group as appropriate. Return on Capital Subject to adjustments, for the return on capital measure, the Participant will earn between 0% and 200% (payouts being straight-line interpolated) of the number of PSUs covered by the Initial Grant. Original internal rate of return (“IRR”) vs. Actual IRR < 80% of original IRR 90% of original IRR 100% of original IRR 110% of original IRR > 120% of original IRR Payout 0% 50% 100% 150% 200% For each capital project approved after January 1, 2018 and assessed during the Performance Period, the actual IRR will be compared to the original IRR set forth in the project’s appropriation of funds request in accordance with Policy FP-500, Ca...
Sample 1
Performance Weighting. The actual results of each performance measure, described below, will be adjusted to reflect each measure’s weighting. Performance Measure Weighting Return on Capital 40% Asset Performance Improvement 60% Performance Measures Return on Capital Subject to adjustments, for the return on capital measure, the Participant will earn between 0% and 200% (share amounts will be straight-line interpolated) of the number of PSUs covered by the Initial Grant. Original internal rate of return (“IRR”) vs. Actual IRR < 80% of original IRR 90% of original IRR 100% of original IRR 110% of original IRR > 120% of original IRR Payout 0% 50% 100% 150% 200% For each capital project approved after January 1, 2018 and assessed during the Performance Period, the actual IRR will be compared to the original IRR set forth in the project’s appropriation of funds request in accordance with Policy FP-500, Capital Expenditures. Total payout will be calculated using a weighted average. Capital projects included for this performance measure include all tissue projects with an appropriation of funds greater than $400,000, all wood projects with an appropriation of funds greater than $500,000, pulp and paper projects with an appropriation of funds greater than $1,000,000, and corporate projects with an appropriation of funds greater than $1,000,000 with an assigned IRR. 54448213v.3 87894149v.2
Sample 1

Related to Performance Weighting

  • 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 Measurement Satisfactory performance of this Contract will be measured by:

  • Performance Levels (a) The Performance Levels which apply to the performance by the respective Parties of their obligations under this Agreement are set out in Part 1 of Schedule 5. A failure by either Party to achieve the relevant Performance Level will not constitute a breach of this Agreement and the only consequences of such failure as between the Parties shall be the consequences set out in this Clause 5.6.

  • PERFORMANCE MEASUREMENTS Upon a particular Commission’s issuance of an Order pertaining to Performance Measurements in a proceeding expressly applicable to all CLECs generally, BellSouth shall implement in that state such Performance Measurements as of the date specified by the Commission. Performance Measurements that have been Ordered in a particular state can currently be accessed via the internet at xxxx://xxxx.xxxxxxxxx.xxx. The following Service Quality Measurements (SQM) plan as it presently exists and as it may be modified in the future, is being included as the performance measurements currently in place for the state of Tennessee. At such time that the TRA issues a subsequent Order pertaining to Performance Measurements, such Performance Measurements shall supersede the SQM contained in the Agreement. BellSouth Service Quality Measurement Plan‌ (SQM) Tennessee Performance Metrics Measurement Descriptions Version 2.00 Issue Date: July 1, 2003 Introduction

  • 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:

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

  • 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.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

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

  • 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.

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