Performance Increment definition

Performance Increment means, with respect to Manager Shares issued by an Offshore Fund to an Offshore Related Partnership with respect to each applicable period, the Performance Increment or similar performance fee or profit allocation (as defined in the organizational documents of such Offshore Fund) that has been definitively calculated and booked by such Offshore Fund during such period (after giving effect to the reduction for the Selling Commission (as defined in the organizational documents of such Offshore Fund) or similar solicitation or brokerage fees and after giving effect to any reduction for any Performance Fee).
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Performance Increment is the Total Shareholder Return with respect to the Company's Common Stock minus the Total Shareholder Return of the median company in the Dow Jone▇ ▇▇ Electrical Utilities Index-All Regions (ELC) as in effect at the end of the Performance Period.
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Performance Increment means, with respect to Manager Shares issued by an Offshore Fund to an Offshore Related Partnership, the Performance Increment or similar performance fee or profit allocation as defined in the organizational documents of such Offshore Fund or, with respect to the Offshore Management Agreement in respect of an Offshore Fund, the Performance Increment (or similar performance fee or profit allocation) as defined in such Offshore Management Agreement. [Confirm the result is net of solicitor/broker fees.]
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Examples of Performance Increment in a sentence

  • As an exception to Performance Increment Advancement provisions as set forth in Subd.

  • Thereafter, in order to advance to the next Performance Career increment (18, 22, 26), a teacher must remain at the previous Career Performance Increment a minimum of 4 years.

  • Exception: teachers currently at or beyond Career Performance Increment 11 may advance to Career Performance Increment 14 as provided in Subd.

  • In order to advance to the Career Performance Increment 14, a teacher must remain at Performance Increment 11 for a minimum of three (3) years or until the teacher has completed a minimum of 13 contracted teaching years in the School District, whichever comes first.

  • Teachers on the Alternative Compensation Salary Schedule shall receive a Performance Increment (a step on the salary schedule) after a year of experience and after demonstrating proficiency, as deemed by their Q-Comp Teacher Observer.

  • Performance Increment Placement: Dependent upon teaching experience and training based on the following: Performance increment 2: less than one year of teaching experience.

  • Q = Quarter Hours S = Semester Hours Lane I ▇▇ ▇▇ Q BA+15 S BA+10 III Q BA+30 S BA+20 IV Q BA+45 S BA+30 V MA VI Q MA+15 S MA+10 VII Q MA+30 S MA+20 VIII Q MA +45 S MA+30 Performance Increment 1 MA Out of Field.

  • Exception: teachers currently at or beyond Career Performance Increment 11 may advance to Career Performance Increment 18 as provided in Subd.

  • Exception: teachers currently at or beyond Step 11 may advance to Career Performance Increment 22 as provided in Subd.

  • As promptly as practicable (which may be following the Closing), the Company and the Partners shall use all commercially reasonable efforts to cause each Offshore Fund to amend its organizational documents (and obtain all necessary consents and approvals in connection therewith) to permit the modification of the formulas for determination and payment of the Performance Increment thereunder as, when and to the extent contemplated by the Offshore Management Agreements and Section 5.7 of the LLC Agreement.


More Definitions of Performance Increment

Performance Increment. A salary increase agreed to within the “Master Agreement” and awarded as of the first duty day of the school year, dependent on successful rating. (formerly understood as a step) Master Teacher: A licensed employee hired to observe tenured Teachers using the modified “▇▇▇▇▇▇▇ Framework for Effective Teaching – Tenured Format 2011.” ▇▇▇▇▇▇▇ Framework for Effective Teaching – Tenured Format 2011-13: This document will be used when observing tenured Teachers. There are several domains in this document, and it is agreed that one-half (1/2) of them will be used during 2011-2012, and a substantially different one-half (1/2) will be used during 2012-2013.
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