Performance Pool definition
Examples of Performance Pool in a sentence
If the Performance Pool is not a positive number, all Award LTIP Units shall, without payment of any consideration by the Partnership, automatically and without notice be forfeited and be and become null and void, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such Award LTIP Units.
Tell the Travel Desk that the travel is to be charged to U.S. Curling’s Performance Pool VIK.
Upon payment of an installment of Retention Compensation and Performance Incentive Bonus or payment of a Performance Pool Bonus, no amount of Retention Compensation, Performance Incentive Bonus, or Performance Pool Bonus so paid is subject to repayment or forfeiture by Executive.
In addition to the Retention Compensation and the Performance Incentive Bonus set forth above, Executive may be eligible to receive additional amounts based upon achievement of milestone objectives established by the Board of Directors of the Company to be allocated from the pool established on July 12, 2001 by the Board of Directors (any such amounts, a "Performance Pool Bonus").
The amount of the Performance Pool Bonus will be determined by the CEO of the Company, and Executive must be employed by the Company at the time of such determination in order to receive a Performance Pool Bonus.