Individual Performance Modifier definition

Individual Performance Modifier means a percentage based on individual Participant performance established by the O&C Committee for Executive Officers and Additional Persons or the Executive Team for other Participants, in accordance with Article IV, and used in determining a Participant’s Award. The Individual Performance Modifier may be based on factors which include, without limitation, Company financial or operational measures, individual management and other goals, personal job objectives and competencies, the demonstration of team building and support attributes, and general demeanor and behavior.
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Individual Performance Modifier means individual Participant performance approved by the SPC or O&C Committee (with respect to Executive Officers and Additional Persons) and used in determining a Participant’s Award.
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Individual Performance Modifier means individual Participant performance established by the SPC, in accordance with Article IV, and used in determining a Participant’s Award. The Individual Performance Modifier may include, without limitation, Company or Business Unit financial or operational measures, individual management and other goals, personal job objectives and competencies, the demonstration of team building and support attributes, and general demeanor and behavior.
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Examples of Individual Performance Modifier in a sentence

  • The maximum value of the Award shall not exceed 200% of your Payout Target, subject to the application of any Individual Performance Modifier.

  • Subject to the terms and conditions set forth in the Program and this Agreement, including, without limitation, Sections 3(b) and 6, the final amount of your Award shall be equal to the dollar amount obtained by multiplying your Payout Target (expressed as dollar amount) by the Company’s achievements on the Performance Goals This amount shall then be increased or decreased by application of the Individual Performance Modifier, if any.

  • Therefore, the Individual Award Calculation shall be calculated assuming an Individual Performance Modifier of 1.0 and applying the Corporate Modifier applied to executives who are employed by Advanced Energy Industries, Inc.

  • The Company shall take necessary actions to have Executive’s 2020 AIP benefit calculated as if he had attained age 55 and retired as of the Transition Date and Executive will be eligible for an award as a retiree under the AIP, pro-rated through the Transition Date, subject to an Individual Performance Modifier of ninety percent (90%), and subject to the approval of a 2020 AIP award by the Organization and Compensation (“O&C”) Committee of the Board of Directors.


More Definitions of Individual Performance Modifier

Individual Performance Modifier means a percentage based on individual Participant performance established by the O&C Committee for Executive Officers and Additional Persons or the
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Individual Performance Modifier means a percentage modifier, not to exceed 150%, based on an Eligible Employee’s achievement of (1) the goals and objectives assigned by the Eligible Employee’s manager and (2) such performance objectives and expectations established by the Committee. An Individual Performance Modifier may be measured on an absolute basis or in relation to other employees. Failure to meet performance objectives, including, without limitation, failure to complete annual compliance training requirements may result in an Individual Performance Modifier of 0%.
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Individual Performance Modifier. , if any, shall mean a percentage modifier based on an Eligible Employee’s achievement of (1) the goals and objectives assigned by the Eligible Employee’s manager and (2) such performance objectives and expectations as established by the Committee. An Individual Performance Modifier may be measured on an absolute basis or in relation to other employees.
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Individual Performance Modifier. The Committee has retained discretion to increase or decrease an individual’s payout under the Program based on individual performance.
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Individual Performance Modifier means clear, specific and objectively measureable goals of a Participant whose Company salary grade is L2 and below.
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Individual Performance Modifier means clear, specific and objectively measureable goals of a Participant whose Company
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Individual Performance Modifier means a percentage multiplier, from 0% to 125% that can be applied, at the discretion of the Executive Office, to increase or decrease an individual Participant’s Incentive Compensation Award, as adjusted by any Business Discretionary Adjustment, prior to payment.
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