Target Performance. Target Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 100% EBITDA Factor in the Payment Formula set forth in Section 1.4.
Target Performance. Target Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 100% Payment Opportunity.
Target Performance. TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above. Payout Range Grants of Performance Share Awards will be made at the Target Performance amount defined as the Median performance of the Peer Companies. The amount vested at Vesting will range from 0% to 200% of the Target Performance amount depending upon the final positioning of KLIC’s TSR to the median of the Peer Companies at the end of the Performance Period. The payout scale below shows the Award vesting percentage at percentile performance points from <25th to 99th at 5 percentile point increments. Final Vesting of Performance Share Awards will be expressed as a full percentage point ranging from 0% to 200%. Percentile Performance Payout 99th 200 % 95th 190 % 90th 180 % 85th 170 % 80th 160 % 75th 150 % 70th 140 % 65th 130 % 60th 120 % 55th 110 % Median 50% 100 % 45th 90 % 40th 80 % 35th 70 % 30th 60 % 25th 50 % <25th 0 %
Target Performance. The “Target Goal” is met when both (i) during the Performance Period, the Closing Price equals or exceeds $67.50 on either (1) five consecutive trading days or (2) ten non-consecutive trading days (such full condition in (i), the “Target Price”) and (ii) Participant continues in service of the Company or an Affiliate as any of an Employee, a Consultant or a Director for the Service Period. Upon achievement of the Target Goal, the Target PRSUs shall vest on the last day of the Service Period.
Target Performance. Target Performance means the level of Pre-Tax Earnings for the Performance Period set by the Committee by the 162(m) Deadline that results in a 100% factor in the Payment Formula set forth in Section 2.5.
Target Performance. TSR for each of the Peer Companies is calculated and ranked highest to lowest. The Median TSR performance of the Peer Companies is the TSR at which half the Peer Companies’ TSR results are below and half the Peer Companies’ TSR results are above. Payout Range Grants of Performance Share Awards will be made at the Target Performance amount defined as the Median performance of the Peer Companies. The amount vested at Vesting will range from 0% to 200% of the Target Performance amount depending upon the final positioning of KLIC’s TSR to the median of the Peer Companies at the end of the Performance Period.
Target Performance. While Xxxxx Xxxxxx is managing the day to day activities of Target, he shall develop and manage Target’s business and shall ensure that Target’s financial performance consistently meets or performs better than the applicable financial projections set forth in Schedule 3(e) attached hereto.
