Threshold Goal definition

Threshold Goal means achievement of at least 50% of target for any one of Revenue, Income, or Earnings Per Share.

Threshold Goal means any performance goal that may be established by the Committee for the Performance Period and which is the minimum performance level that must be attained in order to any portion of an Actual Award to be earned for such Performance Period absent a Change in Control prior to expiration of such Performance Period. The Committee may, but is not required to, establish a Threshold Goal with respect to any designated Performance Period.

Threshold Goal means, as to either TSR or ROCE, the minimum performance level that the Company must achieve in order for fifty percent (50%) of the TSR Target Award or the ROCE Target Award, as the case may be, to vest and become nonforfeitable.

Examples of Threshold Goal in a sentence

• Moreover, as discussed below, because a RPS will have a negative impact on the development of fully competitive electricity markets, it may have an even greater negative impact on energy security and system reliability.

• Prior to March 31st of any Performance Year, the Committee will have the discretion to establish a threshold goal (the “Threshold Goal”) and determine that, if the Threshold Goal is not met, the Earned Bonus Pool will be capped at a fixed amount (including $0) or the amount resulting from a specified formula.

• If the Company achieves the Threshold Goal, the AIP will be funded at 200% of the Target Award for all Participants, and each Participant will be credited with his or her Maximum Award, and the Maximum Award will then be subject to the metrics below to determine the Actual Award, which may result in a downward adjustment of the Maximum Award.

• Performance between the Threshold Goal and the Target Goal shall be interpolated on a straight-line basis; performance between the Target Goal and the Maximum Goal shall also be interpolated on a straight-line basis.

• FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a forced liquidation.

More Definitions of Threshold Goal

Threshold Goal means, as to either the minimum TSR or CAFD performance level that the Company must achieve in order for fifty percent (50%) of the TSR Target Award or the CAFD Target Award, as the case may be, to vest and become nonforfeitable.

Threshold Goal means the CAFD performance level that the Company must achieve in order for fifty percent (50%) of the Target Award to vest and become nonforfeitable.

Threshold Goal means the Company’s Threshold Goal level of Adjusted Operating Income for the Performance Period as set forth in Section 3.

Threshold Goal means the minimum CAFD/Share performance level that the Company must achieve in order for fifty percent (50%) of the Target Award to vest and become nonforfeitable.

Threshold Goal means the Performance Goal that must be achieved in order to earn any bonus under the Plan as further described in Section 5(e) below.

Threshold Goal is met when both (i) during the Performance Period, the Closing Price equals or exceeds $ on either (1) five consecutive trading days or (2) ten non-consecutive trading days (such full condition in (i), the “Threshold Price”) and (ii) Participant continues in service of the Company or an Affiliate as any of an Employee, a Consultant or a Director for the Service Period. Upon achievement of the Threshold Goal, the Threshold PRSUs shall vest on the last day of the Service Period. Target Performance. The “Target Goal” is met when both (i) during the Performance Period, the Closing Price equals or exceeds $ on either (1) five consecutive trading days or (2) ten non-consecutive trading days (such full condition in (i), the “Target Price”) and (ii) Participant continues in service of the Company or an Affiliate as any of an Employee, a Consultant or a Director for the Service Period. Upon achievement of the Target Goal, the Target PRSUs shall vest on the last day of the Service Period.

Threshold Goal is met when both (i) during the Performance Period, the Closing Price equals or exceeds $60.00 on either (1) five consecutive trading days or (2) ten non-consecutive trading days (such full condition in (i), the “Threshold Price”) and (ii) Participant continues in service of the Company or an Affiliate as any of an Employee, a Consultant or a Director for the Service Period. Upon achievement of the Threshold Goal, the Threshold PRSUs shall vest on the last day of the Service Period.