Performance Measures

Performance Measures. On a GAAP or non-GAAP basis, any of the following measurable criteria tied to the Company's performance that the Committee may determine, including but not limited to net income, funds from operations, funds available for distribution, revenues, earnings per share, return on assets, return on equity, return on invested capital, operational efficiency measures, rental income, move-in activity and occupancy level of same-store properties, ratio of earnings to fixed charges, price of the Company's... common stock and level of acquisition and development activity. Performance Measures may be based on one or more business criteria that apply to an individual, a business unit or the Company as a whole, but need not be based on an increase or positive result under the business criteria selected. View More

Performance Measures. Are those standards set forth in Section 5.10 on which Awards of "performance-based compensation" as defined in Section 162(m) of the Code must be based.

Performance Measures. Shall mean one or more of the following: (i) Share price (ii) earnings per Share, (iii) return on average common equity, (iv) pre-tax income, (iv) pre-tax operating income, (v) net revenue, (vi) net income, (vii) profits before taxes, (viii) Fair Market Value per Share, (ix) net asset value, (x) net asset value per Share, (xi) operating cost reductions, or (xii) such other similar measures as the Committee may select, and provided that such measures may be made before or after adjustments as... determined by the Committee at the time of the grant of the Award and designated in writing in the Award, provided, without limitation, that while a performance standard can include remaining in the employ of the Company for a period of time, it shall not be based on merely remaining in the employ of the Company for a specified period of time. View More

Performance Measures. Means measures as described in Section 13 on which the performance goals are based and which are approved by the Company's shareholders pursuant to the Plan in order to qualify Awards as Performance-Based Compensation.

Performance Measures. Are business metrics on which the Performance Goals are based and are more fully described in Section 2(a).

Performance Measures. May include the following: (i) earnings before all or any taxes ("EBT"); (ii) earnings before all or any of interest expense, taxes, depreciation and amortization ("EBITDA"); (iii) earnings before all or any of interest expense, taxes, depreciation, amortization and rent ("EBITDAR"); (iv) earnings before all or any of interest expense and taxes ("EBIT"); (v) net earnings; (vi) net income; (vii) operating income or margin; (viii) earnings per share; (ix) growth; (x) return on shareholders'... equity; (xi) capital expenditures; (xii) expenses and expense ratio management; (xiii) return on investment; (xiv) improvements in capital structure; (xv) profitability of an identifiable business unit or product; (xvi) profit margins; (xvii) stock price; (xviii) market share; (xvix) revenues; (xx) costs; (xxi) cash flow; (xxii) working capital; (xxiii) return on assets; (xxiv) economic value added; (xxv) industry indices; (xxvi) peer group performance; (xxvii) regulatory ratings; (xxviii) asset quality; (xxix) gross or net profit; (xxx) net sales; (xxxi) total shareholder return; (xxxii) sales (net or gross) measured by product line, territory, customers or other category; (xxxiii) earnings from continuing operations; (xxxiv) net worth; and (xxxv) levels of expense, cost or liability by category, operating unit or any other delineation. Performance Measures may relate to the Corporation and/or one or more of its Subsidiaries, one or more of its divisions or units or any combination of the foregoing, on a consolidated or nonconsolidated basis, and may be applied on an absolute basis or be relative to one or more peer group companies or indices, or any combination thereof, all as the Committee determines. In addition, to the extent consistent with the requirements of Code Section 162(m), the Performance Measures may be calculated without regard to extraordinary items. View More

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.