Performance Target

Performance Target. One or more specified performance goals that are used in determining awards and Performance Shares earned by Participants. In the case of Qualified Performance-Based Awards, the Performance Target that is intended to permit the award to satisfy the performance based exception to the deductibility limitation of Code Section 162(m) shall be stated as levels of, or growth or changes in, one or more of the performance criteria approved by the Company's stockholders in the Executive Incentive Plan... or any successor stockholder-approved plan (which currently include cash flow, free cash flow, operating cash flow, earnings, market share, economic value added, achievement of annual operating budget, profits, profit contribution margins, profits before taxes, profits after taxes, operating profit, return on assets, return on investment, return on equity, return on invested capital, gross sales, net sales, sales volume, stock price, total stockholder return, dividend ratio, price-to-earnings ratio, expense targets, operating efficiency, customer satisfaction metrics, working capital targets, the achievement of certain target levels of innovation and/or development of products, measures related to acquisitions or divestitures, formation or dissolution of joint ventures, corporate bond rating by credit agencies, debt to equity or leverage ratios, or financial performance measures determined by the Committee that are sufficiently similar to the foregoing as to be permissible under Code Section 162(m)). In the case of a General Award, the Committee may establish a Performance Target that is based on categories of performance that are different than those set forth above. If the Committee makes the opportunity to receive an award subject to a particular Performance Target, the Committee shall adopt or confirm a written definition of that Performance Target at the time the Performance Target is established, provided that the Committee retains the discretion to forgo such written definition in connection with a General Award. The Performance Target for an award may be described in terms of Company-wide objectives or objectives that are related to a specific division, subsidiary, business unit, department, region, or function. A Performance Target may be defined relative to the performance of other corporations. If more than one individual performance goal is specified by the Committee in defining a Performance Target, the Committee shall also specify, in writing, whether one, all or some other number of such goals must be attained in order for the Performance Target to be met. View More

Performance Target. Means the specific objective goal or goals that are timely set in writing by the Committee pursuant to Section 9A(ii) for each Participant for the applicable Performance Period in respect of any one or more of the Business Criteria.

Performance Target. The specific goal established by the Compensation Committee with respect to each of the Performance Criteria set forth in Exhibit A

Performance Target. The financial and other target(s) established by the Committee for a Performance Period in accordance with the terms of the Plan.

Performance Target. Shall mean, with respect to the Option Shares granted hereby, a blended Company financial performance benchmark for the fiscal year ending December 31, 2001, of $6,877,500, based on the sum of (i) the product of .7 times target Company revenue of $9,000,000, plus (ii) the product of .3 times target Company EBITDA of $1,925,000.

Performance Target. Shall mean the Performance Goal established by the Committee with respect to a Performance Period.

Performance Target. Has the meaning ascribed to it in Clause 3;

Performance Target. Each of the Target EBITDA, Target Free Cash Flow, Target EBITDA/Revenue Margin, and Target Production.

Performance Target. Each of the Target Free Cash Flow, the Target Cost Per Ton, Target EBITDA and Target Production.

Performance Target. The Equity Valuation target for each Fiscal Year as set forth on Schedule I hereto with respect to Performance Vesting Restricted Shares