Target Performance Award
Target Performance Award. A targeted award of a specified number of Performance Units (or shares of Restricted Stock or Restricted Stock Units, as the context requires) which may be earned and payable (or, in the case of Restricted Stock, earned and with respect to which restrictions will lapse) based upon the performance objectives for a particular Performance Period, all as determined by the Committee. The Target Performance Award will be a factor in the Committees ultimate determination of the Earned Performance Award
Found in
PEPCO HOLDINGS LLC contract
Target Performance Award. With respect to each Performance Criteria, the number of Performance Awards set forth on Exhibit A as the target for such Performance Criteria.
Target Performance Award. Means the number of units, options, shares or SARs granted to the Participant on the Grant Date which the Participant may earn during the applicable Performance Cycle if the Company achieves Target Performance.
All Definitions
Found in
LYONDELL CHEMICAL CO contract