Performance Goals Definition Example with 6 Variations

This page contains an example definition of Performance Goals, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Performance Goals. The goal(s) (or combined goal(s)) determined by the Administrator (in its discretion) to be applicable to a Participant with respect to an Award. As determined by the Administrator, the Performance Goals applicable to an Award may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, (b) Earnings Per Share, (c) Net Income, (d) Operating Margins, and (e) Total Stockholder Return. The Performance Goals may differ from Participant to... Participant and from Award to Award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) in relative terms (including, but not limited, the passage of time and/or against other companies or financial metrics), (iv) on a per share and/or share per capita basis, (v) against the performance of the Company as a whole or against particular segments or products of the Company and/or (vi) on a pre-tax or after-tax basis. Prior to the Determination Date, the Administrator shall determine whether any element(s) (for example, but not by way of limitation, the effect of mergers or acquisitions) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). View More Arrow

Variations

Performance Goals. The the goal(s) (or combined goal(s)) determined by the Administrator Committee (in its discretion) to be applicable to a Participant with respect to for an Award. award for a Plan Year. As determined by the Administrator, Committee, the Performance Goals for any award applicable to an Award a Participant may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, (b) Earnings Per Share, (b) Operating Income, (c) Net Income, Return on... Equity, (d) Operating Margins, Revenue and (e) Total Stockholder Shareholder Return. The Performance Goals may differ from Participant to Participant Participant, Plan Year to Plan Year and from Award award to Award. award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) (ii) in relative terms (including, but not limited, the limited to, passage of time and/or against other companies another company or financial metrics), (iv) companies), (iii) on a per share and/or share per capita per-share basis, (v) (iv) against the performance of the Company as a whole or against particular segments or products a segment of the Company and/or (vi) (v) on a pre-tax or after-tax basis. Prior to the Determination Date, the Administrator Committee shall determine whether any element(s) (for example, but not by way of limitation, the effect of mergers or acquisitions) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). View More Arrow
Performance Goals. The means the goal(s) (or combined goal(s)) determined by the Administrator (in its discretion) to be applicable to a Participant with respect to an Award. Award for a Performance Period. As determined by the Administrator, the Performance Goals applicable to an Award may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, Cash Flow, (b) Earnings Per Share, (c) Margin, (d) Market Share, (e) Net Income, (d) (f) Operating Margins, Profit, (g) Product Development, (h) Product Unit Sales, (i) Revenue, and (e) (j) Total Stockholder Return. The Performance Goals may differ from Participant to Participant and from Award to Award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) (ii) in relative terms (including, but not limited, limited to, the passage of time and/or against time, performance at other companies and/or versus other Performance Goal(s) or financial metrics), metric(s)), (iii) in dollar or percentage terms, (iv) on a per share and/or share per capita basis, basis or against the Company's outstanding shares, (v) against the performance of the Company as a whole or against particular segments or products of the Company and/or other companies, (vi) in accordance with generally accepted accounting principles ("GAAP") or on a non-GAAP basis, and/or (vii) on a pre-tax or after-tax basis. Prior to the Determination Date, the Administrator shall determine whether any element(s) (for example, but not by way of limitation, the effect of mergers or acquisitions) acquisitions or restructurings) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). GAAP. View More Arrow
Performance Goals. The means the goal(s) (or combined goal(s)) determined by the Administrator Committee (in its discretion) to be applicable to a Participant with respect to for an Award. award for a Performance Period. As determined by the Administrator, Committee, the Performance Goals Goal(s) for any award applicable to an Award a Participant may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, (b) Earnings Per Share, (b) Operating Income, (c) Net... Income, Profit, (d) Operating Margins, Return On Equity, (e) Revenue and (e) (f) Total Stockholder Shareholder Return. The Performance Goals may differ from Participant to Participant Participant, Performance Period to Performance Period and from Award award to Award. award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) (ii) in relative terms (including, but not limited, the limited to, passage of time and/or against other companies another company or financial metrics), (iv) companies), (iii) on a per share and/or share per capita per-share basis, (v) (iv) against the performance of the Company as a whole or against particular segments or products a segment of the Company and/or (vi) (v) on a pre-tax or after-tax basis. Prior to the Determination Date, the Administrator shall Committee may determine whether that any element(s) (for example, but not by way of limitation, normally included in or excluded from the effect of mergers or acquisitions) applicable measures shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether Participants, whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). GAAP. View More Arrow
Performance Goals. The means the goal(s) (or combined goal(s)) determined by the Administrator Committee (in its discretion) to be applicable to a Participant with respect to for an Award. Award for a Plan Year. As determined by the Administrator, Committee, the Performance Goals for any Award applicable to an Award a Participant may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, (b) Earnings Per Share, (b) Operating Income, (c) Net Income, Return... on Equity, (d) Operating Margins, Revenue and (e) Total Stockholder Shareholder Return. The Performance Goals may differ from Participant to Participant Participant, Plan Year to Plan Year and from Award award to Award. award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) (ii) in relative terms (including, but not limited, the passage of time and/or against other companies another company or financial metrics), (iv) companies), (iii) on a per share and/or share per capita per-share basis, (v) (iv) against the performance of the Company as a whole or against particular segments or products a segment of the Company and/or (vi) (v) on a pre-tax or after-tax basis. Prior to the Determination Date, the Administrator Committee shall determine whether any element(s) (for example, but not by way of limitation, the effect of mergers or acquisitions) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). Participants. View More Arrow
Performance Goals. The means the goal(s) (or combined goal(s)) determined by the Administrator (in its discretion) to be applicable to a Participant with respect to an Award. Awards of Restricted Stock or Restricted Stock Units. As determined by the Administrator, the Performance Goals applicable to an Award may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, (b) Earnings Per Share, (c) Net Income, (d) Operating Margins, and (e) Total Stockholder ... class="diff-color-red">Return. Return, (f) recurring revenue (including annualized), (g) bookings, (h) billings, (i) number of customers, (j) objective customer indicators, (k) expenses, (l) cost reduction goals, (m) economic value added, (n) cash flow (including operating cash flow or free cash flow), (o) cash flow per share, and (p) sales or revenue targets, including product or product family targets. The Performance Goals may differ from Participant to Participant and from Award to Award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) in relative terms (including, but not limited, the passage of time and/or against other companies or financial metrics), (iv) on a per share and/or share per capita basis, (v) against the performance of the Company as a whole or against particular segments segments, business units, industry groups or products of the Company and/or (vi) on a pre-tax or after-tax basis. Prior to the Determination Date, date on which such Performance Goals are determined, the Administrator shall determine stipulate whether any element(s) (for example, but not by way of limitation, the effect of mergers or acquisitions) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether (notwithstanding any other provision of the Plan, whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). Such stipulation may also be made after the date such Performance Goals are determined in the Administrator's sole discretion. View More Arrow
Performance Goals. The the goal(s) (or combined goal(s)) determined by the Administrator (in its discretion) to be applicable to a Participant with respect to an Award. Awards of Restricted Stock or Restricted Stock Units. As determined by the Administrator, the Performance Goals applicable to an Award may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Revenue, (b) Earnings Per Share, (c) Net Income, (d) Operating Margins, and (e) Total Stockholder Return. Return, (f) recurring revenue (including annualized), (g) bookings, (h) billings, (i) number of customers, (j) objective customer indicators, (k) expenses, (l) cost reduction goals, (m) economic value added, (n) cash flow (including operating cash flow or free cash flow), (o) cash flow per share, and (p) sales or revenue targets, including product or product family targets. The Performance Goals may differ from Participant to Participant and from Award to Award. Any criteria used may be measured, as applicable, (i) on Pro Forma numbers, (ii) in absolute terms, (iii) in relative terms (including, but not limited, the passage of time and/or against other companies or financial metrics), (iv) on a per share and/or share per capita basis, (v) against the performance of the Company as a whole or against particular segments segments, business units, industry groups or products of the Company and/or (vi) on a pre-tax or after-tax basis. Prior to the Determination Date, date on which such Performance Goals are determined, the Administrator shall determine stipulate whether any element(s) (for example, but not by way of limitation, the effect of mergers or acquisitions) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants (whether (notwithstanding any other provision of the Plan, whether or not such determinations result in any Performance Goal being measured on a basis other than generally accepted accounting principles). Such stipulation may also be made after the date such Performance Goals are determined in the Administrator's sole discretion. View More Arrow
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