Performance Measures

Performance Measures. Means measures as described in Article 8 on which the performance goals are based and which are approved by the Company's stockholders pursuant to this Plan in order to qualify Awards for the Performance-Based Exception.

Performance Measures. The criteria set out in Section 7(d) that may be used by the Committee as the basis for a Performance Goal

Performance Measures. One or a combination of two or more of the following performance criteria: net sales; net earnings; earnings before income taxes; earnings before interest and taxes; earnings before interest, taxes, depreciation and amortization; earnings per share (basic or diluted); profitability as measured by return ratios (including return on assets, return on equity, return on investment and return on net sales) or by the degree to which any of the foregoing earnings measures exceed a percentage of net... sales; cash flow; market share; margins (including one or more of gross, operating and net earnings margins); stock price; total stockholder return; asset quality; non-performing assets; revenue growth; operating income; pre- or after-tax income; cash flow per share; operating assets; improvement in or attainment of expense levels or cost savings; economic value added; and improvement in or attainment of working capital levels. In addition, for any Award to a Participant who is not a Covered Officer or that is not intended to constitute Performance-Based Compensation, Performance Measures may include, alone or in combination with any of the foregoing Performance Measures, any other measure of performance as determined by the Committee. Any Performance Measure utilized may be expressed in absolute amounts, on a per share basis, as a change from preceding Performance Periods, as a comparison to the performance of specified companies or other external measures, and may relate to one or any combination of corporate (including such direct and indirect subsidiaries of the Company as the Committee may determine or on such consolidated basis as the Committee may determine), group, unit, division, affiliate or individual performance. View More

Performance Measures. Shall mean the performance measures set forth in the Award Letter.

Performance Measures. The criteria and objectives that may be established by the Committee, which, if established, shall be satisfied or met (i) as a condition to the exercisability of all or a portion of an option, or (ii) during the applicable restriction period or performance period as a condition to the holder's receipt, in the case of a restricted share award, of the Common Shares subject to such award, or, in the case of a performance share award,... performance unit award or DER, of payment with respect to such award or DER. If the Committee desires, in its sole discretion, that compensation payable pursuant to an award subject to performance measures be "qualified performance-based compensation" within the meaning of section 162(m) of the Code, such criteria and objectives shall include one or more of the following: the attainment by a Common Share of a specified fair market value for a specified period of 13 time, earnings per share, return to shareholders (including dividends), return on equity, net income or earnings (before or after taxes), revenues, market share, cash flows or cost reduction goals, or any combination of the foregoing. Performance goals of awards may relate to the performance of the entire Company or a subsidiary, any of their respective divisions, units or offices, an individual participant or any combination of the foregoing. If the Committee desires, in its sole discretion, that compensation payable pursuant to an award subject to performance measures be "qualified performance-based compensation" within the meaning of Section 162(m) of the Code, the performance measures shall be established by the Committee no later than the end of the first quarter of the performance period or restriction period, as applicable (or such other time designated by the Internal Revenue Service), and the Committee shall determine the extent to which any such pre-established performance goals and/or other terms and conditions of such award are attained or not attained following the end of the performance period and certify such determination in writing in order to qualify such awards as performance-based under Section 162(m) of the Code. The Committee shall have the discretion to adjust the determinations of the degree of attainment of the pre-established performance goals based on the above-listed performance criteria; provided, however, that awards which the Committee determines are designed to qualify as performance-based under Section 162(m) of the Code, and which are held by an employee, may not be adjusted upward (the Committee shall retain the discretion to adjust such awards downward). View More

Performance Measures. Means the performance measures set forth as Exhibit A to the Plan, as provided in Section 6A(c) of the Plan. 28 (cc) "Plan" means this Cytec Industries Inc. 1993 Stock Award and Incentive Plan, as amended from time to time.

Performance Measures. Means the performance measures set forth as Exhibit A to the Plan, as provided in Section 6A(c) of the Plan.

Performance Measures. Means any performance criteria designated by the Board in its sole discretion.

Performance Measures. Means, for Section 162(m) Awards, one or more of the following performance criteria, which may be applied with respect to the Company or any business unit, and which may be measured on an absolute or relative to peer-group basis: (i) earnings per share; (ii) total stockholder return; (iii) return on stockholders' equity; (iv) cash flow; and (v) cumulative return on net assets employed. For Awards which are not Section 162(m) Awards, "Performance Measures" means any performance criteria... designated by the Board in its sole discretion. View More

Performance Measures. Shall mean Company financial and/or operational metrics which will be utilized in this Plan to measure performance and which will serve as the basis for the calculation of Payout amounts.