Performance Elements definition

Performance Elements and “Performance Software” shall mean the Products listed in the Performance Elements and Performance Software document provided on request by Accedian and updated from time to time.

Examples of Performance Elements in a sentence

  • The following section specifies the Performance Objectives and Performance Elements for the contract.

  • At any time during the appraisal period that an Employees performance becomes unacceptable in one or more Performance Elements performance element the rating official must notify the Employee immediately.

  • Rating officials and Employees are expected to communicate to the extent necessary to ensure common understanding of the meaning of Performance Elements.

  • The Trustees may revise this claims procedure to any extent deemed necessary to comply with applicable law or to insure proper and clear notification to the Participant or Beneficiary and may delegate the implementation of claims procedures to one Trustee or to an agent of the Trustees.

  • Each Corporation employee will receive an annual performance review based on the evaluation of the Performance Elements.

  • Performance Elements are categories of objectives, contributions, and competen- cies against which all employees are appraised.

  • Not all of the Performance Elements will apply to every job and some may be left blank with a notation of “N/A,” or applicable.

  • Performance Elements capture work assignments and responsibilities that are either critical or non­ critical.

  • The following section specifies the Performance Objectives and Performance Elements for the contract for each functional area.

  • Table 1 ⎯ Performance Elements of a Regional Reliability Standard Identification Number A unique identification number assigned in accordance with an administrative classification system to facilitate tracking and reference.

Related to Performance Elements

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Corridor means the acceptable range of results around a Performance Target;

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Performance evaluation means evaluation of work and program participation as well as other areas of behavior.

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies: