Threshold Achievement definition

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Threshold Achievement means, for a Participant for any Performance Period, the minimum level of achievement of a set of Performance Goals required for any Incentive Compensation to be paid at the threshold bonus level, which shall be a specified percentage of the Participant’s Base Pay with respect to such set of Performance Goals, as determined by the Committee in accordance with Section 5.1 below.

Threshold Achievement means, for a Participant for any Performance Period, the minimum level of achievement of a set of Performance Goals required for any Award amount to be paid, determined by the Committee in accordance with Article 4 below.

Examples of Threshold Achievement in a sentence

The Performance Shares achieved on a Stock Price Threshold Achievement Date shall be issued on, or as soon as reasonably practicable following, the Stock Price Threshold Achievement Date (but in any event on or prior to March 15 of the calendar year following the year in which the Stock Price Threshold Achievement Date occurs).
Market Cap @ Threshold Achievement 80% 90% Market Cap @ Target Achievement 90% 100% ◾ Vesting% is deemed to be achieved only if both the Market Capitalization and Net Revenue threshold or target have been met; For example, 80% vesting is deemed achieved only if the Market Capitalization threshold of $9 Bn and Net Revenue threshold of $1.9 Bn have been achieved.
Adjusted EBITDA Target Threshold Achievement Range Payout Range Below <85% 0% Minimum 85% 50% Target 100% 100% Maximum >200% 200% If Belo + Company achieves between (i) 85% and 100% or (ii) 100% and 200% of the Adjusted EBITDA Target, then the bonus amount earned and payable will be determined using a straight line interpolation.
By: Name and Title: Date: By: [Name of Grantee] Date: Number RSUs Being Granted (At Target Achievement Level): X,XXX Grant Date: MM/DD/YYYY FMV at Grant Date: $XX.XX The following table sets forth the Minimum Achievement Level, Target Achievement Level, Threshold Achievement Level, and Maximum Achievement Level for each Performance Metric for each Fiscal Year.
Threshold Achievement Range Payout Range Below <85% 0% Minimum 85% 50% Target 100% 100% Maximum >200% 200% If the DMV Portfolio achieves between (i) 85% and 100% or (ii) 100% and 200% of the Adjusted EBITDA Target, then the bonus amount earned and payable will be determined using a straight line interpolation.
Notwithstanding Employee’s Continuous Service or Qualified Termination, as applicable, the vesting or forfeiture of the Incentive Award shall be preconditioned on the attainment of the Performance Target at a level that equal or exceeds the Threshold Achievement level for the applicable Performance Period (“Qualified Performance”) as described in Schedule I and determined pursuant to Section 5 below.
Notwithstanding the foregoing, for any year after 2004, the Board and the Executive may by mutual consent modify the Threshold Bonus Percentage, the Threshold Achievement Percentage, the Maximum Bonus Percentage and/or the Maximum Achievement Percentage.

More Definitions of Threshold Achievement

Threshold Achievement means, with respect to an Incentive Award for any Performance Period, the minimum the level of achievement under one or more Performance Targets that is required for compensation to be paid at the threshold bonus level, which may be determined by the Administrator in accordance with Section 5 below.

Threshold Achievement means, for any Performance Period, the minimum level of achievement of a set of Performance Goals, determined by the Committee in accordance with Article 4 below.

Threshold Achievement means, for a Participant for any Performance Period, the minimum level of achievement of a set of Performance Goals required for any Incentive Compensation to be paid with respect to such set of Performance Goals, as determined by the Committee in accordance with Section 5.1 below.