– Performance Unit Values Sample Clauses

– Performance Unit Values. At the end of the Performance Period, the Compensation Committee shall value each Performance Unit using the Performance Unit Value Matrix set forth in Exhibit A and the Corporation’s actual results during the Performance Period. Notwithstanding any other provision of this Agreement or the Plan, no Performance Unit awarded under this Agreement may have a value greater than $20.00. For levels of actual performance between any two amounts set forth on the Performance Unit Value Matrix, the value of the Performance Units will be calculated by prorating between the values assigned to the specified performance levels, giving equal weighting to each Management Objective.
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Related to – Performance Unit Values

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Performance Shares Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.