Performance-Based Exception

Example Definitions of "Performance-Based Exception"
Performance-Based Exception. The performance-based exception from the tax deductibility limitations of Code Section 162(m) contained in Code Section 162(m)(4)(C) (including the special provision for options thereunder).
Performance-Based Exception. The performance-based exception from the tax deductibility limitations of Section 162(m) of the Code, as applicable to any award granted prior to November 3, 2017 that was intended to qualify for such exception
All Definitions