Qualified Performance-Based Compensation definition

Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.

Qualified Performance-Based Compensation means any Annual Performance Bonus, Long Term Performance Award or Performance Units to a Key Employee that is intended to satisfy the requirements for “qualified performance-based compensation” under Section 162(m) of the Code.

Qualified Performance-Based Compensation means any compensation awarded to a Covered Employee that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.

Examples of Qualified Performance-Based Compensation in a sentence

• Any adjustment affecting an Award intended as Qualified Performance-Based Compensation shall be made consistent with the requirements of Section 162(m) of the Code.

• The purpose of this Article 9 is to provide the Committee the ability to qualify Awards other than Options and SARs and that are granted pursuant to Articles 6 and 8 as Qualified Performance-Based Compensation.

• Dividend Equivalents granted with respect to Options or SARs that are intended to be Qualified Performance-Based Compensation shall be payable, with respect to pre-exercise periods, regardless of whether such Option or SAR is subsequently exercised.

• The purpose of this Section 11 is to provide the Administrator the ability to qualify Awards other than Options and Stock Appreciation Rights as Qualified Performance-Based Compensation as determined under Code Section 162(m).

• JBH would respond, indicating their valuation by way of a Payment Notice, on 19 April 2021.

More Definitions of Qualified Performance-Based Compensation

Qualified Performance-Based Compensation means compensation that is intended to qualify as “performance-based compensation” under Section 162(m).

Qualified Performance-Based Compensation means an Award that is intended to constitute “qualified performance-based compensation” within the meaning of Section 162(m) of the Code.

Qualified Performance-Based Compensation means qualified performance-based compensation as defined in Treasury Regulation §1.162-27(e) or any successor thereto.

Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code and which is subject to the terms and conditions set forth in Article 9.

Qualified Performance-Based Compensation means any compensation awarded in accordance with Article IX that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m) of the Code.

Qualified Performance-Based Compensation means any

Qualified Performance-Based Compensation has the meaning given such term under Section 162(m) of the Code and the regulations promulgated thereunder.