Performance Metric Sample Clauses

Performance Metric. Subject to Section 2.8, Awards of Performance Shares will be paid out to the Executive, if at all, following the close of the Performance Period based upon Total Shareholder Return ("TSR") of the Company relative to TSR for the Peer Companies (defined below) for such Performance Period (the "Performance Metric").
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Performance Metric. All or a portion of the PRSUs shall be eligible to vest based on the Company’s level of achievement of the Performance Metric set forth on the Performance Matrix attached hereto as Annex A (the “Performance Matrix”), subject to the terms set forth therein and herein.
Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (“TSR”). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement (plus accrued dividends, if appropriate) of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividends Beginning of Period Share Price Performance Share Awards The terms of the grant are stated below: Award Date <<Award Date>> Performance Period <<Performance Begin Date>> to <<Performance End Date>> Vesting See Award Agreement. At a high level, xxxxx vesting upon later of the third anniversary of the award date and certification of achievement of performance goals following the end of the performance period Peer Companies Companies of GICS:45301020 (Semiconductors)*[1] Stock Averaging Period 90 calendar days Target Performance Median of the Peer Companies Payout Range 0% to 200% of rTSR PSUs * Companies traded on the Pink Sheets LLC Exchange have been excluded from the group of Peer Companies Peer Companies The companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period will comprise the Peer Companies for the determination of the Relative TSR results of K&S at vesting. Analog Devices, Inc. Maxim Integrated Products, Inc. Ambarella, Inc. MaxLinear, Inc. Advanced Micro Devices, Inc. NeoPhotonics Corporation Alpha and Omega Semiconductor Limited NVIDIA Corporation Broadcom Inc. NVE Corporation Envision Solar International, Inc. NXP Semiconductors N.V. CEVA, Inc. O2Micro International Limited Cree, Inc. Universal Display Corporation Cirrus Logic, Inc. ON Semiconductor Corporation Canadian Solar Inc. Impinj, Inc. Diodes Incorporated Power Integrations, Inc. DSP Group, Inc. Pixelworks, Inc. Exhibit 10.16 eMagin Corporation XXXXXXXX Xxxxxxxxxxxx First Solar, Inc. Qorvo, Inc. GSI Technology, Inc. QuickLogic Corporation Himax Technologies, Inc. Rambus Inc. Intel Corporation SMART Global Holdings, Inc. Inphi Corporation Silicon Motion Technology Corporation JinkoSolar Holding Co., Ltd. SiTime Corporation Kopin Corporation Silicon Laboratories Inc. SemiLEDs Corporation Semtech Corporation Lattice Semiconductor Corporation SPI Energy Co Microchip Technology Incorporated SunPower Corporation MoSys, Inc. Sequans Communications S.A. Monolithic Power Syst...
Performance Metric. All or a portion of the PRSUs shall be eligible to vest based on the Company’s level of achievement of cumulative free cash flow as set forth in the budgets (the “Performance Metric Target”) approved by the Company’s Board of Directors (the “Board”) for the years ending December 31, 2018 and December 31, 2019 (together, the “Performance Period”). The annual free cash flow component for each of 2018 and 2019 of the Performance Metric Target shall be set at the time such applicable budget is approved by the Board. Free cash flow shall be derived from cash flow provided by operating activities, net of additions to property and equipment, restricted and other investment activity and the return of capital from investment in unconsolidated entities. The Compensation Committee of the Board shall adjust or modify the calculation of free cash flow and/or the Performance Metric Target for the Performance Period in accordance with Sections 4(b) and 12(c) of the Plan, as applicable.
Performance Metric. Relative Total Shareholder Return Performance for the purposes of determining the vesting of the performance share awards will be based on Relative Total Shareholder Return (TSR). Relative TSR measures the K&S share price movement over a performance period relative to the share price movement of peer companies. TSR = End of Period Share Price – Beginning of Period Share Price + Dividend Beginning of Period Share Price 2009 Performance Share Awards The terms of the grant are stated below: Grant Date October 29, 2009 Performance Period October 1, 2009 to September 30, 2012 Vesting 3-year xxxxx xxxx on September 30, 2012 Peer Companies Philadelphia Semiconductor Index (SOXX) companies at grant Target Performance Median of the Peer Companies Payout Range 0% to 200% of Target Performance Stock Averaging Period 90 calendar days Peer Companies The companies of the Philadelphia Semiconductor (SOXX) Index as of the Grant Date will comprise the Peer Companies for the determination of the Relative TSR results of K&S at Vesting. Altera Corporation National Semiconductor Corporation Applied Materials, Inc Novellus Systems Advanced Micro Devices, Inc SanDisk Corporation Broadcom Corporation STMicroelectronics N.V. Intel Corporation Teradyne KLA-Tencor Corporation Taiwan Semiconductor Manufacturing Co. Linear Technology Corporation Texas Instruments, Inc Marvell Technology Inc MEMC Electronic Materials Micron Technology Inc Xilinx, Inc The Peer Companies may change over the Performance Period as follows: · In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity will remain a Peer Company, without adjustment to its financial or market structure. · In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a member of the peer group, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity will remain a Peer Company. · In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a ‘going private’ transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not a surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Changes ...
Performance Metric. Approximately of the Performance RSUs (in each case, a “PSU Tranche”) will be earned (if at all) based on EBITDA achievement during each of the calendar years ending (each, a “Performance Year”). For the Performance Year ending , the EBITDA target is $ (or such other EBITDA target as may be established by the Board for such calendar year). No later than the end of the first calendar quarter of each of the other Performance Years, the applicable EBITDA performance target for such Performance Year shall be determined by the Board and communicated to the Recipient.
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Performance Metric. Approximately of the CPU Award (in each case, a “CPU Tranche”) will be earned (if at all) based on EBITDA achievement during each of the calendar years ending (each, a “Performance Year”). For the Performance Year ending , the EBITDA target is $ million (or such other EBITDA target as may be established by the Board for such calendar year). No later than the end of the first calendar quarter of each of the other Performance Years, the applicable EBITDA performance target for such Performance Year shall be determined by the Board and communicated to the Recipient.
Performance Metric. Subject to the other provisions of this Section 2, the RSUs shall vest in accordance with the vesting table (the “Vesting Table”) set forth on the cover page of this Agreement, based on the Company’s achievement of [Insert Performance Metric] for the Performance Period shown on the cover page of this Agreement. Any fractional RSU resulting from the application of the Vesting Table shall be rounded to the nearest whole number of RSUs. No vesting shall be deemed to occur unless and until the Compensation Committee of the Company’s Board of Directors certifies in writing which (if any) [Insert Performance Metric]targets have been achieved. The Compensation Committee shall make such certification no later than 75 days after the Performance Period End Date. Except as provided in connection with a Change in Control Event in Section 2(c) below, the date on which the Compensation Committee certifies whether a performance target has been achieved that results in the vesting of some or all of the RSUs is referred to in this Agreement as the “Vesting Date.” On the Vesting Date, all RSUs that do not vest shall be automatically forfeited.
Performance Metric. The Performance metric set forth herein is established for purposes of the grant of the Performance Shares for the Performance Period and is intended to be “performance-based” under Section 162(m) of the Code. The performance metric for the Performance Period ending shall be the Company’s attainment of pre-tax operating income of $ per share of Common Stock before the Company’s payment of any cash bonuses to its employees for performance during the Performance Period and any expenses incurred in connection with all Performance Share Awards for the Performance Period granted by the Company to Eligible Employees and Consultants, as set forth in the Company’s financial statements and as calculated in accordance with GAAP (the “Performance Target”). The number of shares of Common Stock awarded will be based on the level of the Performance Target achieved, as specified below (i.e., Awarded Shares). The terms and conditions governing the Performance Share Award will be construed and interpreted in a manner consistent with Section 162(m) of the Code and, without limiting the generality of the foregoing, the Committee will certify the attainment of the Level of Target Performance Achieved to the extent and in the manner required by Section 162(m) of the Code. Subject to the terms and conditions of this Agreement, a number of shares of Common Stock shall be awarded to the Participant on the Settlement Date, as follows: Percentage of Shares of Common Stock Represented by Performance Shares to Level of Target Performance Achieved be Awarded 120% and above 150% 100% 100% 80% 50% less than 80% 0%
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