Top Performance definition

Top Performance means the level of performance at which maximum credit is earned for the portion of the Target Payout assigned to a specific Performance Goal.

Examples of Top Performance in a sentence

  • The Committee and the Board reserve the right to amend, suspend or terminate any or all provisions of the Equity Incentive Plan and the Top Performance Plan for the future plan years within the sole discretion of the Board or the Committee.

  • Your participation in the Equity Incentive Plan and the Top Performance Plan does not guarantee your continued employment with the company or your continued participation in the Equity Incentive Plan and Top Performance Plan in future years.

  • Top Performance Plan Payout Opportunity: If the performance criteria are met as set forth in this Plan document, the eligible participants will vest in their full target incentive opportunity defined in their award agreement letters.

  • Corporate Excellence QUALITY SOCIAL Top Performance and Execution – Delivering 37% EBITDA Margin in Mature States Colorado and Playbook Travels – e.g., New Mexico Seasoned Management Team – Track Record in Competitive Low Margin Sectors and Demonstrating Playbook again in Cannabis Generating Cash Flow from Operations – Unique to Cannabis … 1 of 6 MSO’s with positive CFO – ~$14.5M LTM as of 3Q22 Undervalued Stock … Trading at EV / ‘23E EBITDA of 6.1x vs.

  • Similarly, CNH Case New Holland retains its sole and absolute discretionary authority to resolve all questions arising in the administration, interpretation and application of the Equity Incentive Plan and the Top Performance Plan.

  • All benefits granted under the Equity Incentive Plan and the Top Performance Plan are subject to the final approval of the CNH Global N.V. Board of Directors’ Corporate Governance and Compensation Committee (“the Committee”) in its sole discretion.

  • Any payout for the Top Performance Plan will be made by the 1st half of 2009.

  • Timing: The Top Performance Plan is for the performance cycle ending December 2008.

  • Top Performance Plan Criteria: Key Performance Measures: Operating Income and Trading Cash Flow The CNH consolidated Operating Income and the Trading Cash Flow, both for the fiscal year 2008, measured under International Financial Reporting Standards (IFRS) and as applied by CNH are the company performance criteria for the Top Performance Plan.

Related to Top Performance

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • Unsatisfactory Performance means any of the following:

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Substantial Performance means the stage of completion when:(a) all Work, as certified by the Contract Administrator, is capable of completion or correction at a cost of not more than:

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.

  • Environmental Performance means all or any of the following: the consumption of energy and associated generation of greenhouse gas emissions; the consumption of water; waste generation and management; and any other environmental impact arising from the use or operation of the Premises or the Estate;

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Financial Performance Covenants means the covenants of the Borrower set forth in Section 10.11.

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Qualified Performance-Based Award means an Award intended to qualify for the Section 162(m) Exemption, as provided in Section 11.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.

  • Financial Performance Covenant means the covenant set forth in Section 6.10.

  • Standard of performance means a standard for emission of air pollutants which reflects the degree of emission limitation achievable through the application of the best system of emission reduction which (taking into account the cost of achieving such reduction) the Director determines has been adequately demonstrated.