Performance Based Compensation

Example Definitions of "Performance Based Compensation"
Performance Based Compensation. Performance-based compensation as defined in the PRSOP.
Performance Based Compensation. Any incentive bonus or other compensation amount to the extent that it is (a) variable and contingent on the satisfaction of pre-established organizational or individual performance criteria, (b) not readily ascertainable at the time the deferral election is made, and (c) based on services performed over a period of at least twelve (12) months. For this purpose, performance criteria are "pre-established" if they are established in writing no later than ninety (90) days after the related service... period begins. View More
Performance Based Compensation. Compensation, the payment or amount of which is contingent on pre-established organizational or individual performance criteria, which satisfies the requirements of Section 409A and Treasury Regulation Section 1.409A-1(e).
Performance Based Compensation. Compensation that satisfies the requirements of Section 162(m) of the Code for deductibility of 'qualified performance-based compensation'
Performance Based Compensation. Performance-based compensation within the meaning of Section 409A
Performance Based Compensation. Compensation received based upon the satisfaction of pre-established performance criteria of the Employee, Company or its affiliates as determined by the Company relating to a performance period of at least 12 consecutive months as defined under Code Section 409A and the regulations thereunder.
Performance Based Compensation. Any Award that the Administrator grants pursuant to Section 6(d) of the Plan that is intended to qualify as "performance-based compensation" under Section 162(m) of the Code
Performance Based Compensation. Means an Award that is intended to constitute "performance-based compensation" and is awarded under Sections 6(g) and 17.
Performance Based Compensation. Compensation that is contingent upon the satisfaction of pre-established organizational or individual performance criteria relating to a performance period of at least 12 consecutive months in which the Participant is employed or such other compensation that satisfies the definition of performance based compensation under Section 409A
All Definitions