Performance Component Sample Clauses

Performance Component. The variable component of the Advisory Fee as described in Section 10(b).
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Performance Component. Teacher performance is evaluated during the formal observations and periodic classroom walkthroughs. Fifty percent of the effectiveness rating will be attributed to teacher performance through a holistic evidence-based process utilizing an evaluation rubric based upon the Ohio Standards for the Teaching Profession.
Performance Component. The remaining fifty percent (50%) of your Incentive Bonus will vest and be earned based on a combination of your continued employment with the Company or any member of the Company Group and the achievement of certain performance metrics (the “Performance Component”). The Performance Component will be subdivided into five tranches as set forth on Exhibit A attached hereto (each, a “Performance Tranche”). Each Performance Tranche will vest and be earned in accordance with the terms of Exhibit A. You agree that you will repay to the Company the After-Tax Value of the Unvested Portion of the Performance Component within 20 days following the earlier to occur of (i) the Performance Completion Date and (ii) the termination of your employment with the Company and the Company Group for any reason other than a Qualifying Termination; provided, however, that the “Performance Completion Date” will be replaced with the “Emergence Datein certain circumstances for any repayment requirement with respect to Performance Tranche 2 (as described on Exhibit A), in which case you will repay to the Company the After-Tax Value of the Unvested Portion of the Performance Component that relates to Performance Tranche 2 within 20 days following the Emergence Date. For the sake of clarity, you will not be required to repay any Vested Portion of the Performance Component.
Performance Component. The amount of the variable performance component is based on the attainment of the company goals. The performance component is recorded as a “bonus range” in per cent of the basic wage. Depending on the function, the bonus range is a minimum of 0-5% and a maximum of 0-20%. If the attainment of the company’s goals is 100%, half of the performance component will be paid out (target bonus). Lower or higher target attainments will be calculated accordingly. A maximum of the up- per end of the bonus range will be paid out. In consultation with the employee, it is possible, in addition to the performance component for the at- tainment of the company goals, to set individual goals and to remunerate the employee via a separate bonus agreement. A higher bonus range can be set for employees who only work in sales.
Performance Component. The variable component of the Management Fee as described in Section 10(a).
Performance Component. The Restricted Stock Units subject to this Award Agreement shall vest if and to the extent that the Company Value, as of any Measurement Date, is equal to or greater than the values set forth below, subject to the Participant remaining a Service Provider through the applicable Determination Date related to such Measurement Date:
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Performance Component. The variable component of the Advisory Fee as described in Paragraph Error! Reference source not found..

Related to Performance Component

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Performance Objectives 4.1 The Performance Plan (Annexure A) sets out-

  • Performance Review Where a performance review of an employee’s performance is carried out, the employee shall be given sufficient opportunity after the interview to read and review the performance review. Provision shall be made on the performance review form for an employee to sign it. The form shall provide for the employee’s signature in two (2) places, one (1) indicating that the employee has read and accepts the performance review, and the other indicating that the employee disagrees with the performance review. The employee shall sign in only one (1) of the places provided. No employee may initiate a grievance regarding the contents of a performance review unless the signature indicates disagreement. An employee shall, upon request, receive a copy of this performance review at the time of signing. An employee’s performance review shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure of this Agreement. The employee may respond, in writing, to the performance review. Such response will be attached to the performance review.

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Goals Goals define availability, performance and other objectives of Service provisioning and delivery. Goals do not include remedies and failure to meet any Service Goal does not entitle Customer to a Service credit.

  • Performance Cycle The Performance Cycle for this Award shall commence on May 1, 2006, and shall end on December 31, 2008.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

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