Performance Goal definition
Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.
Performance Goal means a standard established by the Committee, to determine in whole or in part whether a Performance Award shall be earned.
Performance Goal means a performance goal established by the Committee pursuant to Section 9.3 of the Plan.
Examples of Performance Goal in a sentence
For the avoidance of doubt, (i) the dividend equivalents will be subject to the achievement of the Performance Goal set forth in the Grant Notice to the same extent applicable to the corresponding PSUs, and will only be earned to the same extent such PSUs are earned, and (ii) Participant’s right to any accumulated dividend equivalents shall be forfeited upon the forfeiture of the PSUs to which such dividend equivalents relate.
Notwithstanding anything to the contrary herein, in the event the Administrator determines that the Performance Goal is achieved below the threshold performance level set forth in the Grant Notice, then the PSUs shall be immediately forfeited, terminated and cancelled in their entirety without payment of any consideration therefor, and Participant, or Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder.
More Definitions of Performance Goal
Performance Goal means one or more standards established by the Committee to determine in whole or in part whether a Performance Award shall be earned.
Performance Goal means, for a Performance Period, the one or more goals established by the Committee for the Performance Period based upon the Performance Criteria.
Performance Goal means any of the goals set forth in Section 6.10 hereof.
Performance Goal means one or more of the following performance goals, either individually, alternatively or in any combination, applied on a corporate, subsidiary, division, business unit or line of business basis: sales, revenue, costs, expenses, earnings (including one or more of net profit after tax, gross profit, operating profit, earnings before interest and taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, earnings per share from continuing operations, operating income, pre-tax income, operating income margin, net income, margins (including one or more of gross, operating and net income margins), returns (including one or more of return on actual or proforma assets, net assets, equity, investment, capital and net capital employed), stockholder return (including total stockholder return relative to an index or peer group), stock price, economic value added, cash generation, cash flow, unit volume, working capital, market share, cost reductions and strategic plan development and implementation. Such goals may reflect absolute entity or business unit performance or a relative comparison to the performance of a peer group of entities or other external measure of the selected performance criteria. Pursuant to rules and conditions adopted by the Committee on or before the 90th day of the applicable performance period for which Performance Goals are established, the Committee may appropriately adjust any evaluation of performance under such goals to exclude the effect of certain events, including any of the following events: asset write-downs; litigation or claim judgments or settlements; changes in tax law, accounting principles or other such laws or provisions affecting reported results; severance, contract termination and other costs related to exiting certain business activities; and gains or losses from the disposition of businesses or assets or from the early extinguishment of debt.
Performance Goal means a goal established by the Administrator for the applicable Performance Period based on one or more of the performance criteria set forth in Appendix A. Depending on the performance criteria used, a Performance Goal may be expressed in terms of overall Company performance or the performance of a business unit, division, Subsidiary, Affiliate or an individual. A Performance Goal may be measured either in absolute terms or relative to the performance of one or more comparable companies or one or more relevant indices. The Administrator may adjust the results under any performance criterion to exclude any of the following events that occurs during a Performance Period: (a) asset write-downs, (b) litigation, claims, judgments or settlements, (c) the effect of changes in tax laws, accounting principles or other laws or provisions affecting reported results, (d) accruals for reorganization and restructuring programs, (e) extraordinary, unusual or non-recurring items, (f) exchange rate effects for non-U.S. dollar denominated net sales and operating earnings, or (g) statutory adjustments to corporate tax rates; provided, however, that if an Award is intended to qualify as “performance-based compensation” within the meaning of Code Section 162(m), such adjustment(s) shall only be made to the extent consistent with Code Section 162(m).
Performance Goal means a designated performance objective pursuant to the provisions of Section 10.4 of the Plan.
Performance Goal means the objective performance goals established by the Committee in accordance with Section 162(m) of the Code and based on one or more Performance Criteria.