Target Milestone definition

Target Milestone means and the “Maximum Milestone” means .
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Target Milestone means the accomplishment by BioSeek of
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Target Milestone means and the “Maximum Milestone” means . Director [Stock Settled] — [Cash Settled]
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Examples of Target Milestone in a sentence

  • For clarity, for a Target, Milestone 2 Payment, Milestone 3 Payment, and Milestone 4 Payment shall be payable (x) only once with respect to an Indication regardless of the number of times Collaboration Compounds Primarily Active against such Target achieve such Milestone Event for such Indication, and (y) only once with respect to a Collaboration Compound Primarily Active against such Target regardless of the number of times it achieves such Milestone Event.

  • In the event that either the First, Second or Third Target Milestone is not achieved as provided in subsection (a) above, then ICAgen shall make available to YAMANOUCHI a list of additional Targets.

  • Milestone Event (For each Selected Target) Milestone Payments (in $ millions) Achievement of Proof of Concept of a Licensed Compound Directed to the applicable Selected Target 25 [**] [**] [**] [**] Milestone Event (For each Selected Target) Milestone Payments (in $ [**]) [**] [**] [**] [**] [**] [**] [**].

  • DEVELOPMENT AND OPTION AGREEMENT Milestone Event for each Licensed Product for a Target Milestone Payment [***] [***] Milestones Payments are payable one time only per Licensed Product, the first time each is achieved for such Licensed Product.

  • Under this Annual Incentive Award you have an opportunity to earn an incentive cash payment based upon the achievement of the Performance Goals assigned to you by the Committee and set forth on Exhibit A attached hereto for the one-year period beginning , 20 , and ending , 20 (the “Performance Period”), as compared with the Threshold Milestone, Target Milestone and Maximum Milestone established for you by the Committee for the Performance Period and set forth on Exhibit A attached hereto.

  • For the purpose of the rights granted to Newco during the Wind-Down Period under this Section 7C, failure to meet the Target Milestone or Wand Revenue Milestone as provided in Section 6 does not constitute as a material breach by Newco.

  • With respect to "knowledge", as such term is used in this Agreement, Target will be deemed to have "knowledge" or received notice of a particular fact or other matter if any individual who is serving as an director or officer of Target, Milestone Property Management, Inc.

  • Under this Annual Incentive Award you have an opportunity to earn an incentive cash payment based upon the achievement of the Performance Goals assigned to you by the Committee for the one-year period beginning November 1, [__], and ending October 31, [__] (the “Performance Period”), as compared with the Threshold Milestone, Target Milestone and Maximum Milestone established for you by the Committee for the Performance Period.

  • On each Early Vesting Date, up to one-third of the total number of Restricted Shares, (rounded down to the nearest whole share in Years 1 and 2 and rounded up in Year 3) (the "Annual Maximum Earn-Out Amount") may become vested and nonforfeitable, depending on whether the Target Milestone for such year is achieved or whether the Minimum Milestone (but not the Target Milestone) for such year is achieved.

  • If a Participant has a change in job responsibilities during a Plan Year, the Committee has the discretion to change the Participant's Milestone or Target Milestone Bonus and may calculate the Declared Milestone Bonus based on pro-rated achievement of the different Milestones in effect during the Plan Year.


More Definitions of Target Milestone

Target Milestone means performance targets determined pursuant to Section 4.3.
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Target Milestone means the accomplishment by BioSeek of [***].
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Related to Target Milestone

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Milestone Event has the meaning set forth in Section 8.4.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • TARGET 2 means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilizes a single shared platform and which was launched on November 19, 2007.

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;