Performance Objective

Performance Objective. Shall mean the level or levels of performance required to be attained with respect to specified Performance Goals in order for a Participant to become entitled to specified rights in connection with an Award of performance shares.

Performance Objective. A standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

Performance Objective. Shall have the same meaning as defined in the EAIP.

Performance Objective. The term Performance Objective shall mean a performance objective established in writing by the Committee within ninety (90) days of the commencement of the Performance Period to which the Performance Objective relates and at a time when the outcome of such objective is substantially uncertain. Each Performance Objective shall be established in such a way that a third party having... knowledge of the relevant facts could determine whether the objective is met. A Performance Objective may be based on one or more business criteria that apply to the individual Participant, a business unit or the Company as a whole, and shall state, in terms of an Objective Standard, the method of computing the amount payable to the Participant if the Performance Objective is attained. With respect to Incentives granted to Covered Employees, the material terms of the Performance Objective shall be disclosed to, and must be subsequently approved by, a vote of the shareholders of the Company, consistent with the requirements of Section 162(m) of the Code and the regulations thereunder. The Performance Objectives for any Performance Period shall be based on one or more of the following measures, as determined by the Committee in writing within ninety (90) days of the commencement of the Performance Period: 1. The achievement by the Company or business unit of specific levels of Return on Invested Capital ("ROIC"). ROIC for the Company or business unit means its results of operations divided by its capital. View More

Performance Objective. Shall mean the level or levels of performance required to be attained with respect to specified Performance Goals in order for a Participant to become entitled to specified rights in connection with an Award. The Committee may provide for adjustments to performance to eliminate the effects of changes for restructuring, extraordinary items, discontinued operations, other non-recurring charges, the cumulative effects of accounting changes, each as defined in United States Generally... Accepted Accounting Principles, that occur during a Performance Period, in each case, to preserve the economic intent of any Performance Award; provided, that, with respect to Performance Awards granted to Covered Employees, any such adjustments shall only be made to the extent that the Award will still qualify as "performance-based compensation" under Section 162(m) of the Code. View More

Performance Objective. Shall be defined on Exhibit A.

Performance Objective. Means the goal or goals identified by the Committee that will result in an Award if the target for the Performance Year is satisfied.

Performance Objective. Any one or more of the following: earnings, earnings before interest and taxes, earnings before interest, taxes, depreciation and amortization, earnings per share, economic value created, market share, net income (before or after taxes), operating income, adjusted net income after capital charge, return on assets, return on capital (based on earnings or cash flow), return on equity, return on investment, revenue, cash flow, operating margin, share price, total stockholder return, total market... value, and strategic business criteria, consisting of one or more objectives based on meeting specified market penetration goals, productivity measures, geographic business expansion goals, cost targets, customer satisfaction or employee satisfaction goals, goals relating to merger synergies, management of employment practices and employee benefits, or supervision of litigation or information technology, and goals relating to acquisitions or divestitures of subsidiaries, affiliates or joint ventures. Performance Objectives may be established at Company, subsidiary or business unit levels. The targeted level or levels of performance with respect to such Performance Objectives may be established at such levels and on such terms as the Committee may determine, in its discretion, including in absolute terms, as a goal relative to performance in prior periods, or as a goal compared to the performance of one or more comparable companies or an index covering multiple companies. View More

Performance Objective. The annual objective established in accordance with paragraph 6 hereof for the operating performance of the Company or a Unit