PBA

Example Definitions of "PBA"
PBA. Means Performance Units (with one Performance Unit representing One Dollar) awarded hereunder which are hereby designated as Performance-Based Compensation Awards under the 2004 Plan and are potentially earnable by a Participant hereunder upon achievement of the Performance Goal(s) and other conditions to entitlement hereunder therefor. It is intended that all Performance-Based Compensation Awards hereunder for Executive Officers of the Company be "performance-based compensation" within the... meaning of Section 162(m)(4)(C) of the Code, and consequently the grant of the Award, the establishment of the Performance Goal, the making of any modifications or adjustments and the determination of satisfaction or achievement of the Performance Goal shall be made during the period or periods required under and in conformity with the requirements of Section 162(m) of the Code therefor. View More Arrow
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