Section 409A Performance Based Compensation definition

Section 409A Performance Based Compensation means any Incentive Award that qualifies as “performance based compensation” within the meaning of Regulations Section 1.409A-1(e). Notwithstanding any other provision herein, no Incentive Award will be deemed to constitute Section 409A Performance Based Compensation if the performance conditions that serve as the basis for the Incentive Award are substantially certain to be satisfied at the time such performance conditions are established.
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Section 409A Performance Based Compensation means any Incentive Award which qualifies as “performance based compensation” within the meaning of Code Section 409A, Notice 2005-1, and any other interpretive authorities promulgated thereunder. Notwithstanding any other provision herein, no Incentive Award will be deemed to constitute performance based compensation if the performance conditions that serve as the basis for the Incentive Award are substantially certain to be satisfied at the time a Participant makes an election to defer the Incentive Award under Article III hereof.
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Section 409A Performance Based Compensation means any Incentive Award that qualifies as “performance based compensation” within the meaning of Regulations Section
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Related to Section 409A Performance Based Compensation

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) 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 Code.

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Performance-Based Cash Award means a right granted to a Participant under Article 9 to a cash award to be paid upon achievement of such performance goals as the Committee establishes with regard to such Award.

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.