Performance Measures

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. Means any of the following measures with respect to the performance of the Company or a group, a unit, an Affiliate or an individual: specified levels of the Company's stock price, market share, sales, earnings per share, return on equity, costs, operating income, net income before interest, taxes, depreciation and/or amortization, net income before or after extraordinary items, return on operating assets or levels of cost savings, earnings before taxes, net earnings, asset turnover, total... shareholder return, pre-tax, pre-interest expense return on invested capital, return on invested capital, return on incremental invested capital, free cash flow, cash flow from operations, or customer satisfaction or learner success metrics. In addition, with respect to an Award that is not intended to qualify for the exemption from the limitation on deductibility imposed by Section 162(m) of the Code on compensation paid to covered employees as defined therein, Performance Measures may include any other measure determined by the Committee. Such Performance Measures may be set as an absolute measure or relative to a designated peer group or index of comparable companies. View More

Performance Measures. The criteria upon which awards for 2001 will be based and, unless otherwise determined by the Committee shall be: (i) a combination of the difference between ERIE's average Combined Ratio for 1999, 2000 and 2001 and the Combined Ratio of the Peer Group for 1999, 2000 and 2001 and the difference between ERIE's growth in net written premiums in 2001 as compared to growth in net written premiums of the Peer Group in 2001 ("Financial Performance Measure"); and (ii) the Participant's individual... performance assessment under the Company's existing performance assessment system ("Individual Performance Measure"). The Financial Performance Measure and the Individual Performance Measure are collectively referred to as (the "Performance Measures") View More

Performance Measures. For any Long-Term Performance Period shall mean: (a) For the Long-Term Performance Period beginning on or after January 1, 2007: Revenue Growth and Efficiency Ratio

Performance Measures. For any Long-Term Performance Period shall mean: (a) For Long-Term Performance Periods beginning prior to 2007: Return on Average Equity, and Tangible Book Value Per Diluted Share.

Performance Measures. The annual Bank-wide goals (as described in the Bank's Annual Incentive Plan) and the ECVS multiplier as described earlier in this document. These measures will be utilized in this LTIP to measure performance and will serve as the basis for the calculation of Award amounts

Performance Measures. Measures of business or financial performance as described in Section 10.3(a) on which Performance Goals are based. Performance Measures may be expressed on an absolute and/or relative basis, may be based on or otherwise employ comparisons based on internal targets, the past performance of the Company and/or the past or current performance of other companies, and in the case of earnings-based measures, may use or employ comparisons relating to capital, shareholders' equity and/or shares... outstanding, or to assets or net assets. View More

Performance Measures. The performance measure or measures designated by the Committee pursuant to the terms of the Plan as a condition to the earning of a Long-Term Cash Incentive Award granted hereunder