Performance Year definition

Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

Performance Year means one of the three calendar years in the Performance Period.

Performance Year means each twelve-month period of employment under this Agreement commencing upon the date of this Agreement.

Examples of Performance Year in a sentence

• If a Participant has worked any portion of the relevant performance year, but less than the entire relevant Performance Year, and is still employed at the end of the relevant Performance Year, the Participant will be eligible to receive a pro-rata share of the Bonus Award (for example, if a Participant has worked for 9 months in the relevant Performance Year, the Participant will be eligible to receive 75% of the Bonus Award).

• Any Bonus Award for a Performance Year shall be paid by the Company, or the Affiliate that employs the Participant, less appropriate tax withholdings and taking into account any adjustments pursuant to the Plan, no later than the Payment Date for such Performance Year.

• Subject to the terms and conditions of the Plan, the Bonus Awards shall be determined in accordance with the Bonus Award Formula for the Performance Year.

• In the case of an Employee who becomes a Participant after the beginning of a Performance Year, the Administrator shall designate, prior to the date on which such Employee becomes a Participant, such individual’s Target Bonus Opportunity for the portion of the Performance Year remaining after he or she becomes a Participant.

• Within the first ninety (90) days of the Performance Year, the Administrator shall establish the Bonus Award Formula for the Performance Year.

More Definitions of Performance Year

Performance Year means the calendar year of the Company in which a Participant provides services on account of which the Award is made.

Performance Year means each calendar year.

Performance Year means the year or years for which a bonus is awarded or a bonus commitment is made under the 1988 Bonus Plan.

Performance Year means each consecutive twelve-month period commencing on January 1 of each year during the term of this Plan and coinciding with the Company’s fiscal year.

Performance Year means a designated fiscal year of the Company during which Company and individual performance will be measured and Participant services will be rendered for which an Award may be granted.

Performance Year means the time period specified in an applicable Program Agreement upon which KYOne HP‟s performance is assessed for purposes of determining the existence of an Incentive Award or a Shared Loss Payment Obligation. The term shall have the meaning set forth at 42 C.F.R. § 425.20 for purposes of the MSSP.

Performance Year means each successive one-year periods beginning on January 1 of each year.