Superior Performance definition

Superior Performance means the Performance Goals established for any Performance Period, the attainment of which is necessary for the payment of the Maximum Award for that Performance Period.
Sample 1Sample 2Sample 3
Superior Performance means the level of performance with respect to a Performance Measure, achievement of which will result in the Participant achieving the Superior Bonus Opportunity.
Sample 1Sample 2
Superior Performance in any given evaluation area means performance that meets or exceeds a rating of “excellent” as noted in the Department’s tenure and promotion document.
Sample 1

Examples of Superior Performance in a sentence

  • The Award payable for the attainment of Superior Performance shall not exceed two and one-half times the Target Award for any Performance Period.

  • The Threshold, Target and Superior Performance Goals for each of the three measures above have been established by the Committee and are set forth in the table immediately below.

  • Any amounts paid as a Superior Performance Bonus will be included as Annual Bonus for purposes of this agreement.

  • If greater than one hundred twelve (112%) of the corporate goals are achieved, Executive will be entitled to receive an incremental annual bonus (the "Superior Performance Bonus") up to an additional 50% of Executive's Annual Salary based on a formula to be established by the Compensation Committee.

  • If the Combined Ratio of the Company for the Performance Period ending with the Plan Year is equal to or better than the Superior Performance Percentile for the Peer Group, an additional $0.75 shall be contributed for every $1.00 of that portion of a Participant's Pre-tax Contribution that does not exceed 6% of the Participant's Compensation.

  • Iowa, U.S.A. 100% owned by Company Superior Performance Ontario, Canada 100% Products (Canada) Inc.

  • The Committee shall establish in writing the Performance Goals for the selected Performance Measures applicable to a Performance Period, including the Threshold Performance and Superior Performance, within 90 days of the commencement of the Performance Period and an Award for that Performance Period shall be earned, paid, vested or otherwise deliverable upon the completion of the Performance Period solely on account of the attainment of such Performance Goals.

  • The Committee approves the Target, Threshold and Superior Performance Goals, as well as Measures and Weights.

  • Effective as of the date of this Award Agreement, the Company hereby grants to the Participant Performance Units, which shall be payable in cash in accordance with and subject to the terms and conditions set forth in the Plan and this Award Agreement, upon achievement of the Target Performance Objective, or alternatively, the Superior Performance Objective, for the Performance Period.

  • As an additional component of the Bonus Plan, the Corporation may at the discretion of the Committee set aside an additional amount in a Superior Performance Bonus Pool, for payment to such Participants (other than the President and CEO) in such amounts as shall be determined by the President and CEO.


More Definitions of Superior Performance

Superior Performance for any Plan Year means that the Company's Consolidated Performance equaled its Weighted Average Cost of Capital plus 8 percent.
Sample 1
Superior Performance means the performance of work at a level recognized above and beyond the expected standard established for the position in terms of quality and/or quantity; results in demonstrated benefits to the department or work unit’s purpose and objectives; and/or achieves significant benefits to the public.
Sample 1Sample 2
Superior Performance. Children's Access to Primary 90% of the children must receive a All Superior Performance Standards for Care visit all four categories met - AND - Adult's Access to Preventive/ 85% of the adults must receive a visit A Clinical Performance Measures Ambulatory Health Services composite score greater or equal to 25. CONSUMER SATISFACTION Overall Satisfaction with MCP An average score of no less than 9.0 ADMINISTRATIVE CAPACITY Compliance Assessment No more than 15 points for SFY 2002 System Emergency Department. Any reduction or a rate equal to or Diversion lower than 1.75% Appendix O Page 7 Based on the Overall Performance Level, the status of the at-risk dollars and additional incentive payments for contract period SFY 2003 (see Section 3) will be determined in the following manner: - If an MCP does not qualify for incentives according to Section 1.a. of this Appendix, then all of the at-risk amount included in one state fiscal year's premium payments, must be returned to ODJFS and applicable sanctions will be applied according to Appendix M, Performance Evaluation. - If an MCP receives a Basic Performance ranking, then all of the at-risk amount included in one state fiscal year's premium payments, must be returned to ODJFS. By reaching this level of performance MCPs are meeting ODJFS' minimum performance level expectations. To receive or retain incentives, MCPs must perform at higher performance levels. - If an MCP receives a Good Performance ranking, then one - half of the at-risk amount included in one state fiscal year's premium payments, must be returned to ODJFS. - If an MCP receives an Excellent Performance ranking, then none of the at-risk amount must be returned to ODJFS. - If an MCP receives a Superior Performance ranking, then none of the at-risk amount must be returned to ODJFS and the amount in the incentive fund (see Section 3) will be divided equally, up to the maximum amount, among all MCPs with an overall Superior Performance ranking. The maximum amount to be awarded to a single plan for Superior Performance in addition to the at-risk amount is $250,000 per contract year.
Sample 1
Superior Performance means the Performance Goal achievement required for the maximum permissible distribution with respect to a Performance Unit, as set out in Appendix A.
Sample 1

Related to Superior Performance

  • 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

  • Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

  • Basket Performance means a decimal number calculated by applying the following formula: BP = ∑ W ×iX ⎛⎜⎜i=1 ⎝ Underlyingi,FINAL ⎞⎟⎠Underlyingi,INITIAL ⎟ where: BP = Basket Performance X = 8 Wi = Weighting of the relevant Underlying Underlying i,FINAL Underlying i,INITIAL= Arithmetic mean of the Reference Prices of the relevant Underlying with respect to all Averaging Dates = Initial Price of the relevant Underlying

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • 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;

  • 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:

  • Unsatisfactory Performance means any of the following:

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • 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;

  • 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.

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Additional Performance Security means the Bank Guarantee to be submitted by Successful Bidder in accordance with Clause 8.7 of this RFP Document

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • Financial Performance Covenants means the covenants of the Borrower set forth in Sections 6.10 and 6.11.

  • 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.

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

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

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

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e). Nonincumbent Developer:

  • Sexually explicit performance means a live or public act or show intended to arouse or satisfy the sexual desires or appeal to the prurient interest of patrons.

  • Publicly Perform means to perform public recitations of the Work and to communicate to the public those public recitations, by any means or process, including by wire or wireless means or public digital performances; to make available to the public Works in such a way that members of the public may access these Works from a place and at a place individually chosen by them; to perform the Work to the public by any means or process and the communication to the public of the performances of the Work, including by public digital performance; to broadcast and rebroadcast the Work by any means including signs, sounds or images.

  • 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.

  • Certificate of Substantial Performance means a certificate issued by the NCC when the Work reaches Substantial Performance;

  • 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.