Performance Criteria

Performance Criteria. Both the Annual Reserves Growth per Share measure and Three-Year Average RGPS measure for the Performance Period.

Performance Criteria. The performance criteria upon which the Performance Goals for a particular Performance Period are based, which may include any of the following: (a) revenue; (b) earnings per share; (c) operating income; (d) net income (before or after taxes); (e) cash flow (including, but not limited to, operating cash flow and free cash flow); (f) gross profit; (g) growth in any of the preceding measures; (h) gross profit return on investment; (i) gross margin return on investment; (j) working capital; (k)... gross margins; (l) EBIT; (m) EBITDA; (n) return on equity; (o) return on assets; (p) return on capital; (q) revenue growth; (r) total shareholder return; (s) economic value added; (t) customer satisfaction; (u) technology leadership; (v) number of new patents; (w) employee retention; (x) market share; (y) market segment share; (z) product release schedules; (aa) new product innovation; (bb) cost reduction through advanced technology; (cc) brand recognition/acceptance; (dd) product ship targets; (ee) stock value; (ff) net earnings (before or after taxes); (gg) diluted earnings per share (before or after taxes); (hh) net revenues or net revenue growth; (ii) net operating profit (before or after taxes); (jj) return on invested capital or sales; (kk) cash flow return on capital; (ll) operating margins; (mm) improvements in capital structure; (nn) budget and expense management; (oo) productivity ratios; (pp) expense targets; (qq) margins; (rr) operating efficiency; (ss) working capital targets; (tt) enterprise value; (uu) safety record; and (vv) completion of acquisitions, business expansion, product diversification, new or expanded market penetration and other non-financial operating and management performance objectives.Such Performance Criteria may relate to the performance of the Company as a whole, a business unit, division, department, individual or any combination of these and may be applied on an absolute basis and/or relative to one or more peer group companies or indices, or any combination thereof, using GAAP or non-GAAP accounting, as the Committee shall determine View More

Performance Criteria. The performance criteria upon which the Performance Goals for a particular Performance Period are based, which may include any of the following, or such other criteria as determined by the Committee in its discretion: (a)the price of a share of the Company's common stock; (b)the Company's or an Affiliate's earnings per share; (c)the Company's or an Affiliate's net earnings; (d)the return on shareholders' equity achieved by the Company or an Affiliate; (e)the Company's or an Affiliate's return... on assets; (f)the Company's or an Affiliate's net interest margin; (g)the Company's or an Affiliate's efficiency ratio; (h)the Company's or an Affiliate's return on average tangible common shareholder's equity; (i)the Company's or an Affiliate's loan growth; (j)the Company's or an Affiliate's deposit growth; (k)the Company's or an Affiliate's non-performing asset ratio; or (l)the Company's or an Affiliate's net charge-off ratio. Such Performance Criteria may relate to the performance of the Company as a whole, a subsidiary, business unit, division, department, individual or any combination of these and may be applied on an absolute basis and/or relative to one or more peer group companies or indices, or any combination thereof, as the Committee shall determine. View More

Performance Criteria. The criterion or criteria that the Committee shall select for purposes of establishing the Performance Goal(s) for a Performance Period with respect to any Performance Compensation Award under the Plan. The Performance Criteria that will be used to establish the Performance Goal(s) shall be based on the attainment of specific levels of performance of the Company (or Affiliate, division, business unit or operational unit of the Company) and may be, but shall not be limited to, the following,... used individually or in ratios or other combinations: (a) basic earnings per share; (b) basic cash earnings per share; (c) diluted earnings per share; (d) core earnings per share; (e) diluted cash earnings per share; (f) earnings before taxes; (g) net income; (h) net interest income; (i) non-interest income; (j) revenue; (k) efficiency ratio; (l) salaries and benefits efficiency ratio; (m) return on average assets; (n) core return on average assets; (o) core return on equity; (p) return on average shareholders' equity; (q) return on average tangible shareholders' equity; (r) core earnings; (s) operating income; (t) net interest margin; (u) net interest rate spread; (v) growth in assets, loans or deposits; (w) loan production volume; (x) sales; (y) net charge-offs; (z) nonperforming/classified assets; (aa) classified loans; (bb) cash flow; (cc) capital level (core or risk-based); (dd) interest rate risk exposure-net portfolio value; (ee) interest rate risk-sensitivity; (ff) liquidity; (gg) strategic business objectives, cost control, business expansion goals, and goals relating to acquisitions or divestitures, or goals relating to capital raising and capital management; (hh) objective customer service measures or indices, (ii) stock price (including, but not limited to, growth measures and total shareholder return); (jj) operating expense as a percentage of average assets; (kk) core deposits as a percentage of total deposits; (ll) net charge-off percentage; (mm) loan delinquency rates; and (nn) market share. Any one or more of the Performance Criteria may be used on an absolute or relative basis in any combination or ratio, or year-over-year change to measure the performance of the Company and/or an Affiliate as a whole or any division, business unit or operational unit of the Company and/or an Affiliate or any combination thereof, as the Committee may deem appropriate, or as compared to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate. The Committee may alter the governing Performance Criteria and the Committee has sole discretion to make such changes without obtaining shareholder approval. View More

Performance Criteria. Means ASUS Cumulative Net Income, GSWC Operating Expense Controls and Total Shareholder Return.