Target Performance Objective definition

Target Performance Objective means one of the pre-established Performance Objectives used to determine the Target Award.
View Source
Target Performance Objective means the achievement by the Company of a second quartile ranking amongst the Peer Group Companies for ROIC Improvement for the Performance Period. See attached Exhibit A for concept discussion and example.
View Source
Target Performance Objective for each Performance Measure means the Performance at which 100% of an Award attributable to that Performance Measure will be earned by a Participant.
View Source

Examples of Target Performance Objective in a sentence

  • VTA’s contact person for all matters related to this Agreement will be the General Manager or his or her designee.

  • The Performance Units granted hereunder shall have a cash payment value of: U.S. $ per Performance Unit upon achievement of the Target Performance Objective for the Performance Period, or alternatively, U.S. $ per Performance Unit upon achievement of the Superior Performance Objective for the Performance Period.

  • If Corporation's Second 12 Month Period EBITDA exceeds the Minimum Performance Objective but does not satisfy the Target Performance Objective for such period, or exceeds the Target Performance Objective but does not satisfy the Upside Performance Objective for such period, the Initial Purchase Price shall be increased on a proportional basis.

  • Such Performance Objectives are as follows: (1) First 12 Month Period - Minimum Performance Objective - $7,300,000; Target Performance Objective - $9,300,000; and Upside Performance Objective - $10,200,000 and (2) Second 12 Month Period - Minimum Performance Objective - $8,000,000; Target Performance Objective - $11,500,000; and Upside Performance Objective - $13,350,000.

  • To the extent that Corporation's Second 12 Month Period EBITDA satisfies the Target Performance Objective for such period, Shareholders will be paid up to a maximum of $10,000,000 (the "THIRD EARNOUT PAYMENT").

  • To the extent that Corporation's First 12 Month Period EBITDA satisfies the Target Performance Objective for such period, Shareholders will be paid up to a maximum of $12,000,000 (the "FIRST EARNOUT PAYMENT").

  • If Corporation's First 12 Month Period EBITDA exceeds the Minimum Performance Objective but does not satisfy the Target Performance Objective for such period, or exceeds the Target Performance Objective but does not satisfy the Upside Performance Objective for such period, the Initial Purchase Price shall be increased on a proportional basis.