A Performance Target may be stated as an absolute value or as a value determined relative to a standard selected by the Committee.
A Performance Target may be stated as an absolute value, an increase or decrease in a value, or as a value determined relative to an index, budget or other standard selected by the Committee.
Performance Targets may include a minimum, maximum, target level and intermediate levels of performance, with the final value of a Performance Award determined under the applicable Performance Award Formula by the Performance Target level attained during the applicable Performance Period.
A Performance Target may be stated as an absolute value or as a value determined relative to an index, budget or other standard selected by the Committee.
If the Performance Target is not met, the Participant shall forfeit the Performance Units and the Participant shall not be entitled to any cash payment in connection therewith.
More definitions of Performance Target
Performance Target means the performance target established by the Committee for a particular Performance Period, as described in Section 16.B.
Performance Target means one or more specific objective goal or goals (which may be cumulative or alternative) that are timely set in writing by the Committee for each Participant for the applicable Performance Period with respect to any one or more of the Performance Criteria.
Performance Target means the Equity Valuation target for each Fiscal Year as set forth on Schedule II hereto with respect to Class D Units issued prior to the date hereof and, with respect to subsequent Class D Units, shall be set forth in an exhibit to the applicable Incentive Unit Grant at the time of issuance.
Performance Target means the specific written objective goal or goals based on the criteria set forth in Section 9(b) of the Plan and that are timely approved by the Committee pursuant to Section 9(b) of the Plan for the Participant for the applicable Performance Period.