Examples of Performance Goal in a sentence
Performance Goal Setting • Organizational Performance goals – Established by the Superintendent • Business Unit Performance goals – Established by the Business Unit Officer • Work Unit Performance goals – Established by the Division Director with input from Manager • Individual Performance goals – Established by the Division Director with input from the Manager/Strategic Advisor • Each plan measure will have a defined “target” and “outstanding” level of performance.
If the Threshold Performance Goal is not met, there will not be an Award payout.
The Threshold Performance Goal is a Common Equity Tier 1 (“CET1”) ratio greater than the minimum capital requirement plus the stress capital buffer requirement under 12 CFR part 217 for Truist as of the last day of the Performance Period.
Except as otherwise provided by the following paragraph, the PSUs will only vest if the applicable Performance Goal is reached and the Grantee is continuously employed by the Company or any of its Affiliates from the Grant Date through the applicable Vesting Date, and except as otherwise provided by this Award Agreement or determined by the Committee, any unvested PSUs will be forfeited upon any termination of employment.
The later of [DATE], or the date the Committee certifies as to the achievement of the Performance Goal.