Business Unit Performance definition

Business Unit Performance means the specific financial and/or operating targets established for each Business U, which, if attained will trigger the granting of Business unit award component of ICP.
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Examples of Business Unit Performance in a sentence

  • Organizational Performance goals - Established by the Superintendent Business Unit Performance goals – Established by the Business Unit Officer Work Unit Performance goals – Established by the Division Director with input from Manager Individual Performance goals – Established by the Division Director with input from the Manager/Strategic Advisor Each plan measure will have a defined “target” and “outstanding” level of performance.

  • Performance shares (or bookkeeping units representing such shares) outstanding under the LICP and the Reliant Energy, Incorporated Business Unit Performance Share Plan shall vest for the performance cycle ending December 31, 2000 according to the terms and conditions of the applicable Plan.

  • After the end of each calendar year, the CEO, and if so delegated, other members of the Executive Team shall determine the extent to which the business unit performance goals have been met and the appropriate Business Unit Performance Factor, from 0% to 200%, that is appropriate with the varying levels of performance for each goal.

  • Performance shares (or bookkeeping units representing such shares) outstanding under the LICP and the Reliant Energy, Incorporated Business Unit Performance Share Plan shall vest for the performance cycle, ending December 31, 2000 and December 31, 2001 according to the terms and conditions of the applicable Plan.

  • The amount of the award at target will be based on three components; 30% Fixed, 40% Business Unit Performance and 50% 3 Year Relative Total Shareholder Return (TSR).

  • Of Employee's target aggregate bonus for each year other than 1996, 20% shall be allocated to meeting Individual Performance Goals, 40% shall be allocated to meeting the Business Unit Performance Goal, and 40% shall be allocated to meeting the Company Performance Goal.

Related to Business Unit Performance

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Basket Performance means a decimal number calculated by applying the following formula:

  • Substantial Performance means the stage of completion when:

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.