Target Performance definition

Target Performance means the Performance Goal achievement required for the targeted distribution with respect to a Performance Share, as set out in Appendix A. If Target Performance is achieved but not exceeded for all Performance Goals, the Unadjusted Share Distribution with respect to a Performance Share is one share of the Company’s voting common stock (“Share”).

Target Performance shall have the meaning set forth in Section 10(a) below.

Target Performance for purposes of this Agreement shall mean (i) the actual performance for each completed year under each applicable award, plus (ii) the "target" performance for the then current year under each applicable award;

Examples of Target Performance in a sentence

• The amount of and Executive’s eligibility for the Target Performance Bonus shall be determined in the sole discretion of the Board (or the compensation committee thereof, as such determination may be delegated by the Board to the compensation committee).

• The number of Performance Awards payable with respect to each Performance Criteria shall be equal to the Target Performance Award for such Performance Criteria multiplied by the Payout Percentages set forth in Exhibit A for such Performance Criteria, together with any dividend equivalents credited on such Performance Awards.

• The selection of such Transferable Securities is based on the suitability of the securities, such as the geographical location of such securities (i.e. emerging or developed market securities), capitalisation or the liquidity of the components, to achieve the particular Target Performance of a Fund as described in the relevant Supplement.

• If earned, any Target Performance Bonus shall be paid to Executive, less authorized deductions and applicable withholdings, on or before the February 15th following the calendar year during which such bonus was earned.

• Target Performance Shares are not Common Shares and have no voting rights or, except as stated in Section 6, dividend rights.

More Definitions of Target Performance

Target Performance means the Company has achieved Total Shareholder Return of ten percent (10%).

Target Performance means, with respect to any unvested Titanium OP Incentive Unit that is subject to performance-based vesting and any unvested Titanium PSU Award, the target performance metric (i.e., 1x) applicable to each individual performance metric set forth in the applicable Titanium Equity Award agreement.

Target Performance is achievement at the 50th percentile of the Performance Measures compared to the Peer Group.

Target Performance is the expected achievement in Average Return on Invested Capital; and “Maximum Performance” is the maximum level of performance that could be achieved that would result in an increase in the number of Performance Share Units earned under this Award. The target levels of achievement for the performance goal will be announced by no later than March 15, 2010, following calculation of year-end financial reporting for 2009. Subject to adjustment pursuant to Subsection 3(b), 3(c) and 3(d), each such percentage correlates to a number of Performance Share Units that may be earned under this Award, as follows: Level Achieved During Resulting Performance Share Units Performance Period Earned Threshold Performance 60% of Target Award Target Performance 100% of Target Award Maximum Performance 200% of Target Award

Target Performance means the expected Ranking for the applicable Performance Cycle.

Target Performance means the Performance Goal achievement required for earning 100% of the Target Integration Performance Units set forth in Section 3 of this Award Agreement, as such Performance Goal achievement is further described in Appendix A and designated as “Target” in the relevant table in Appendix A.

Target Performance is a Relative TSR Percentile Rank of the Company equal to 50.00% (i.e. at median of the comparison group). “Second Quartile Performance” is a Relative TSR Percentile Rank of the Company equal to 75.00% (i.e. equal to the top of the second quartile of the performance group). And, “Maximum Performance” is a Relative TSR Percentile Rank of the Company equal to 100% (i.e. the highest performing entity in the comparison group). Subject to adjustment pursuant to Subsection 3(c), 3(d), 3(e) and 3(f), each such percentage correlates to a number of Performance Share Units that may be earned under this Award, as follows: Relative Total Shareholder Return Resulting Payout Percentage Earned Threshold Performance 50% of Target Award Target Performance 100% of Target Award Second Quartile Performance 150% of Target Award Maximum Performance 200% of Target Award