Performance Target

Example Definitions of "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. One Means 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 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 earnings per share, economic value added, growth in earnings per share, achievement of annual operating budget, profits, profit contribution margins, profits before taxes, profits after taxes, operating profit, plans, return on assets, equity performance, 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 growth or divestitures, formation or dissolution of joint ventures, corporate bond rating by credit agencies, debt to equity or leverage ratios, or similar financial performance measures as may be determined by the Committee that are sufficiently similar to the foregoing as to be permissible under Code Section 162(m)). Committee). 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
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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 Means the specific goal established by the Compensation Committee with respect to each of the Performance Criteria set forth in Exhibit A A.
Performance Target. The Means the specific goal established by the Compensation Committee with respect to each of the Performance Criteria set forth in Exhibit A A.
Performance Target. The Means the specific goal established by the Compensation Committee with respect to each of the Performance Criteria set forth in Exhibit A A.
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Performance Target. The performance based goal or objective to be achieved by the Company as determined by the Board, based on the Company's business plan, on a yearly and cumulative basis. The Performance Target for 2004 shall be based on achievement of the 2004 business plan, and the Performance Target for 2005, 2006 and 2007 shall be established by the Board, in its sole discretion, based on the annual budgets approved by the Board for such years
Performance Target. With respect to a fiscal year, the minimum level of Pre-tax Income that must be achieved for such fiscal year in order for a Participant to be eligible to receive an Annual Incentive Payment for such fiscal year. Achievement of the Performance Target for a fiscal year means that the Pre-Tax Income with respect to such fiscal year equals or exceeds the Entry Level Pre-tax Income for such fiscal year
Performance Target. The achievement of Consolidated EBITDA in the calendar year(s) ending December 31, of $ .
Performance Target. The applicable bonus opportunity for a Participant as set forth in the Participant's Award Notice, which may be based upon the attainment of performance goals as set by the Committee for an applicable Performance Period.
Performance Target. The level of performance with respect to a Performance Measure for a Performance Period that would result in a Performance Percentage of 100%
Performance Target. Means the specific written objective goal or goals based on the criteria set forth in Section 9(b) of the Plan and that are timely approved by the Committee pursuant to Section 9(b) of the Plan for the Participant for the applicable Performance Period.
Performance Target. With respect to a fiscal year, the minimum levels of Pre-tax Income and such other performance measures as may be established by the Administrator that must be achieved for such fiscal year in order for a Participant to be eligible to receive an Annual Incentive Payment for such fiscal year; provided, however, if such Participant is a "covered employee" within the meaning of section 162(m) of the Code or, who in the Administrator's judgment, is likely to be a covered employee with respect to... such fiscal year, then the performance measures for purposes of such Participant's award shall be limited to the performance measures listed in Section 2(v) of the Incentive Plan 2010 View More
Performance Target. An objectively determinable level of performance as selected by the Committee to measure performance of the Company or any subsidiary, division, or other unit of the Company for the Performance Period based on one or more of the following: net income, net income before taxes, operating income, revenues, return on sales, return on equity, earnings per share, total shareholder return, or any of the foregoing before the effect of acquisitions, divestitures, accounting changes, restructuring, or... other special charges, as determined by the Committee at the time of establishing a Performance Target. View More
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