Performance Period and Performance Criteria Clause Samples

The "Performance Period and Performance Criteria" clause defines the timeframe during which a party must meet specific obligations and the standards or benchmarks that must be achieved. Typically, this clause outlines the start and end dates for performance, as well as the measurable goals or deliverables required, such as completing a project phase by a certain date or meeting quality standards. Its core function is to set clear expectations and timelines, ensuring both parties understand when and how performance will be evaluated, thereby reducing ambiguity and potential disputes.
Performance Period and Performance Criteria. The Award’s performance period (“Performance Period”) and criteria (“Performance Criteria”) are set forth in Exhibit A to this Agreement. The Performance Criteria have been established by the Committee, which shall determine and certify whether such criteria have been satisfied.
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Performance Period and Performance Criteria. The Award’s performance period ‎‎(“Performance Period”) and criteria (“Performance Criteria”) are set forth on Exhibit A to this ‎Agreement. The Performance Criteria have been established by the Committee, which shall ‎determine and certify whether such criteria have been satisfied.‎ Subject to any applicable retirement policy or program, you must be employed by or providing a service to the Company throughout the Performance Period and remain continuously employed by or in service to the Company until such time as the performance criteria has been certified by the Compensation Committee to be eligible to receive the shares of ‎Common Stock of the Company or cash payment earned under this Agreement.
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Performance Period and Performance Criteria. The performance period for this award begins on the Date of Award and ends on «PerfPerDate» (the “Performance Period”). The percentage of the Award earned and vested will be established in writing by the Committee based on the Company’s total shareholder return (the “aTSR”). The aTSR shall be calculated starting on the Date of the Award, assuming dividend reinvestment, and measured using the twenty (20) trading-day average price of the Common Stock of the Company immediately prior to the end of the Performance Period. The Committee may, in its sole discretion, make any equitable adjustment in the calculation consistent with the intent of this Agreement. The following table reflects the Performance Criteria for which the aTSR Growth will be measured for the percent of PSUs awarded and vested at the end of the Performance Period:
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Performance Period and Performance Criteria. The performance period for this award begins on the Date of Award and ends on «PerfPerDate» (the “Performance Period. The percentage of the Award earned and vested will be determined based on the Company’s total shareholder return (the “TSR”) relative to the total shareholder return (the “rTSR”) of companies (each a “Peer Company”), established in writing by the Committee as of the Date of Award, which are listed on the attached Exhibit A (the “Peer Group”). The TSR for the Company and each Peer Company shall be calculated starting on the Date of the Award, assuming dividend reinvestment, and measured using the twenty (20) trading-day average price of the Common Stock of the Company and each Peer Company immediately prior to the end of the Performance Period. During the Performance Period: no additional Peer Company will be added; any Peer Company acquired will be eliminated from the Peer Group; any Peer company engaged in a spin-off or carve-out of another company during the performance period will be eliminated from the Peer Group; and any Peer Company that becomes insolvent or enters bankruptcy will have a final TSR of -100%. The Committee may, in its sole discretion, make any equitable adjustment in the calculation consistent with the intent of this Agreement. The following table reflects the Performance Criteria for the rTSR Percentile for measuring the percent of the PSUs awarded and vested at the end of the Performance Period: ​ ​rTSR PercentileCompany TSR vs. Peer GroupPercent of Target PSUs Earned* *Linear interpolation of rTSR Percentile and Percent of Target PSUs Earned will be applied between values shown above ​ Following the end of the Performance Period, the Committee will certify in writing the rTSR Percentile achieved by the Company. ​
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Performance Period and Performance Criteria 
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Related to Performance Period and Performance Criteria

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit G), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.