Individual Performance Measures definition

Individual Performance Measures means the criteria or goals utilized to determine the amounts of each Participant’s Discretionary Bonus.

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Individual Performance Measures means those objective and subjective corporate and individual measures that (i) the CEO considers in recommending to the Committee, and that the Committee uses to determine, the Cash Bonus Award and Long-Term Equity Compensation Award of each Executive Officer other than the CEO, (ii) the Committee considers in determining the Cash Bonus Award and Long-Term Equity Compensation Award of the CEO and (iii) the CEO considers in approving Cash Bonus Awards and Long-Term Equity Compensation Awards of Participants other than the Executive Officers.

Individual Performance Measures means the criteria or goals utilized to determine the amounts of each Participant’s Discretionary Bonus. “Objective Bonus” means a bonus based on the degree of achievement of the Performance Targets for the Business Criteria.

Examples of Individual Performance Measures in a sentence

• Upon termination of Executive’s employment with the Company for any reason, unless the Board affirmatively requests that Executive remain on the Board, Executive will be deemed to have resigned from the Board voluntarily as of the last day of employment with the Company; and at the Board’s request, Executive will execute any documents necessary to reflect such resignation.

• The Executive’s Annual Incentive Payment is calculated according to the Bankwide Performance Measures and the Executive’s Individual Performance Measures and is subject to the Bank’s Individual Incentive Plan.

• If applicable, as shown in Table 1, Individual Performance Measures will be established by the CEO or the Participant’s Operating Company President or supervisor and evaluated in his or her sole discretion in determining the payout for the portion of the Award based upon Individual Performance Measures.

• If applicable, as shown in Table 1, Individual Performance Measures will be established by the CEO or the Award Holder’s Operating Company President or supervisor and evaluated in his or her sole discretion in determining the payout for the portion of the Award based upon Individual Performance Measures.

• The Target Bonus Percentage is expressed as a percentage of the Award Holder’s Base Salary, as defined below, and is weighted based on Corporate Performance Measures and Individual Performance Measures (if applicable) as shown in Table 1.

• Below is an illustrative example of a calculation for a potential payout under the Award for a sample Award Holder with a Base Salary of $100,000 and a Target Bonus Percentage of 10% based on Corporate Performance Measures and of 10% based on Individual Performance Measures.

More Definitions of Individual Performance Measures

Individual Performance Measures means those measures established for a Participant pursuant to Section 7.

Individual Performance Measures means the qualitative and/or quantitative individual performance criteria selected by the Administrator to measure the level of performance of a Participant during the Performance Cycle, if any.

Individual Performance Measures means the individual performance of a Participant achieved for the applicable Measurement Period, as determined by the Committee in its sole discretion.