Individual Performance Factor definition

Individual Performance Factor means that factor, attributable to a Participant’s individual achievement of one or more Performance Goals, which may be used to calculate a Participant’s Award.
Individual Performance Factor means, with respect to a Participant, the addition or subtraction of up to 25% of the Declared Incentive adjusted to reflect individual job performance for the fiscal year. The Individual Performance Factor may be utilized at the discretion of the manager of an EVA Business Unit provided that the total accrued incentive for the EVA Business Unit does not increase or decrease as a result of the utilization of the Individual Performance Factor.
Individual Performance Factor means the factor associated with the performance rating assigned to an Employee as part of the Performance Management Process or other method(s) of adjustments intended to recognize individual performance.

Examples of Individual Performance Factor in a sentence

  • Determination of the Individual Performance Factor will be the responsibility of the individual to whom the participant reports.

  • The Individual Performance Factor, if weighted factors are used, will then be equal to the weighted average of such Supporting Performance Factors.

  • The performance assessment will be considered by the Committee in determining the Individual Performance Factor, which shall be subject to a maximum of 200%.

  • The Individual Performance Factor of the Accrued Bonus calculation will be based on the accomplishment of individual, financial and/or other goals (“Supporting Performance Factors”).

  • There is no payout on this Individual Performance Factor alone if the ROCE is 4% or less and/or earnings are negative, unless otherwise determined by the Board.


More Definitions of Individual Performance Factor

Individual Performance Factor means a factor between 0.8 and 1.2 (inclusive).
Individual Performance Factor means an amount as determined by following the procedures described in Section 7 of the Plan.
Individual Performance Factor means a percentage resulting from measurement of the achievement of bonus factors established specifically for each Participant during the first 90 days of the Company's 2005 fiscal year.
Individual Performance Factor is defined in Section 3.2.
Individual Performance Factor means an amount ranging from zero to 2.0, as determined by following the procedures described in Section 7 (or, in certain events, by Section 9.02 or Section 12).
Individual Performance Factor means, with respect to a Participant, the score between 0% and 110% resulting from a review of the Participant’s achievement of goals in the Applicable Year.
Individual Performance Factor is the percentage based on your “Collaboration Rating” and your “Bottom Line Contribution to Results Rating” for FY20__ as determined by the Company as part of the Company’s annual appraisal of your performance. This percentage will be 0% if you have not achieved your personal goals and between 70% and 125% if you meet or exceed your personal goals. You have previously been provided with a written description of how this percentage is determined as a function of your achievement of some, many, nearly all, or none of your personal goals and whether your performance meets, exceeds, or falls short of expectations. The total number of Performance Shares that may be earned for FY20__, however, may not exceed 100% of the Base Number of Shares.