Total Revenue Performance Units Clause Samples

The 'Total Revenue Performance Units' clause defines a metric or unit of measurement based on the total revenue generated, typically used to assess performance or determine compensation, bonuses, or vesting in incentive plans. In practice, this clause sets out how total revenue is calculated and how performance units are awarded or adjusted according to revenue targets achieved over a specified period. Its core function is to align incentives with the company's revenue growth, ensuring that rewards are directly tied to the financial success of the organization.
Total Revenue Performance Units. Fifty percent of the number of Performance Share Units of the Target Award shall be subject to the Total Revenue Performance Goal. The percentage of such Performance Share Units that may be earned and become vested with Total Revenue performance is as follows:
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Total Revenue Performance Units. Fifty percent of the number of Performance Share Units of the Target Award shall be subject to the Total Revenue Performance Goal. The percentage of such Performance Share Units that may be earned and become vested with Total Revenue performance is as follows: $13,222,000 200% $13,063,000 180% $12,903,000 160% $12,744,000 140% $12,585,000 120% $12,425,000 100% $12,266,000 90% $12,107,000 80% $11,948,000 70% $11,788,000 60% $11,630,000 50% Vesting related to performance between the percentiles listed in (A) and (B) above will be determined by straight line interpolation.
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Related to Total Revenue Performance Units

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • 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 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.

  • 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 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.