Qualified Performance-Based Compensation definition

Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.
Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Internal Revenue Code.
Qualified Performance-Based Compensation means any Annual Performance Bonus, Long Term Performance Award or Performance Units to a Key Employee that is intended to satisfy the requirements forqualified performance-based compensation” under Section 162(m) of the Code.

Examples of Qualified Performance-Based Compensation in a sentence

  • In addition, the Committee shall make any other adjustments to outstanding Awards to prevent the enlargement or dilution of rights of Participants, provided that no such adjustment shall be made that would cause the Plan to violate Section 422 of the Code with respect to an Incentive Stock Option or that would adversely affect the status of any Award as Qualified Performance-Based Compensation.

  • Notwithstanding the foregoing, no such adjustment shall be made that would cause the Plan to violate Section 422 of the Code with respect to an Incentive Stock Option or that would adversely affect the status of any Award as Qualified Performance-Based Compensation.


More Definitions of Qualified Performance-Based Compensation

Qualified Performance-Based Compensation means any compensation awarded in accordance with Article IX that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m) of the Code.
Qualified Performance-Based Compensation means compensation that is intended to qualify as “performance-based compensation” under Section 162(m).
Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code and which is subject to the terms and conditions set forth in Article 9.
Qualified Performance-Based Compensation means qualified performance-based compensation as defined in Treasury Regulation §1.162-27(e) or any successor thereto.
Qualified Performance-Based Compensation means an Award that is intended to constitute “qualified performance-based compensation” within the meaning of Section 162(m) of the Code.
Qualified Performance-Based Compensation has the meaning given such term under Section 162(m) of the Code and the regulations promulgated thereunder.
Qualified Performance-Based Compensation has the meaning given to it by the regulations promulgated under Section 162(m) of the Code.