Individual Performance Factor definition

Individual Performance Factor means that factor, attributable to a Participant’s individual achievement of one or more Performance Goals, which may be used to calculate a Participant’s Award.
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Individual Performance Factor means, with respect to a Participant, the addition or subtraction of up to 25% of the Declared Incentive adjusted to reflect individual job performance for the fiscal year. The Individual Performance Factor may be utilized at the discretion of the manager of an EVA Business Unit provided that the total accrued incentive for the EVA Business Unit does not increase or decrease as a result of the utilization of the Individual Performance Factor.
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Individual Performance Factor means the factor associated with the performance rating assigned to an Employee as part of the Performance Management Process or other method(s) of adjustments intended to recognize individual performance.
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Examples of Individual Performance Factor in a sentence

  • Participant may be eligible for payment with respect to up to 1.50x the Target Number of PSUs based on the Average Company Combined Factor and Individual Performance Factor for the three-year period commencing January 1, [Year 1] and ending December 31, [Year 3] (the “Performance Cycle”).

  • The number of Performance Shares earned for any Fiscal Year depends on the Corporate Performance Factor for the Fiscal Year (which is based on EPS as described below) and your Individual Performance Factor for the Fiscal Year.

  • In addition, this Award may be terminated and/or a Participant may be assigned an Individual Performance Factor of 0.0 in the event of Participant’s misconduct or violation of Company policy during the Performance Cycle or prior to the payment of the Payout Value, if any, as determined in the sole discretion of the Administrator.

  • The amount of the bonus will be based on the Corporate Unit Performance Factor (“UPF”) with an Individual Performance Factor (“IPF”) determined by the Company’s Chief Executive Officer.

  • This bonus will be calculated using the Unit Performance Factor for the Company’s performance during 2008 and an Individual Performance Factor of 1.0. This amount will then be prorated by multiplying it by .167 (representing two months of employment during 2008 divided by 12.) This prorated bonus will be paid in late February or early March of 2009.


More Definitions of Individual Performance Factor

Individual Performance Factor means a factor between 0.8 and 1.2 (inclusive).
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Individual Performance Factor means an amount as determined by following the procedures described in Section 7 of the Plan.
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Individual Performance Factor is defined in Section 3.2.
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Individual Performance Factor means, with respect to a Participant, the score between 0% and 110% resulting from a review of the Participant’s achievement of goals in the Applicable Year.
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Individual Performance Factor means a percentage resulting from measurement of the achievement of bonus factors established specifically for each Participant during the first 90 days of the Company's 2005 fiscal year.
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Individual Performance Factor means an amount ranging from zero to 2.0, as determined by following the procedures described in Section 7 (or, in certain events, by Section 9.02 or Section 12).
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Individual Performance Factor is the percentage based on your “Collaboration Rating” and your “Bottom Line Contribution to Results Rating” for the Fiscal Year as determined by the Company as part of the Company’s annual appraisal of your performance. This percentage will be __% if you have not achieved your personal goals and between __% and __% if you meet or exceed your personal goals. You have previously been provided with a written description of how this percentage is determined as a function of your achievement of some, many, nearly all, or none of your personal goals and whether your performance meets, exceeds, or falls short of expectations. The total number of Performance Shares that may be earned for the Fiscal Year, however, may not exceed 100% of the Base Number of Shares.
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