Performance Maximum definition

Performance Maximum means a maximum dollar amount payable with respect to an Annual Incentive Award and the level or levels of achievement of the Performance Criteria applicable to a Plan Year which must be attained or exceeded for such maximum amount to be earned. If the Performance Maximum is higher than the amount payable on achievement of the Performance Target, the Committee shall establish and the terms of the Annual Incentive Award shall set forth the maximum dollar amount payable with respect to the Annual Incentive Award, the level or levels of achievement of the Performance Criteria applicable to the Plan Year which must be attained for such maximum amount to be payable, and the manner of determining the amount payable if the actual level of performance is between the Performance Target and the Performance Maximum.
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Performance Maximum means a maximum number of performance shares which may be earned with respect to a performance share award and the level or levels of achievement of the Performance Criteria applicable to a Performance Period which must be attained or exceeded for such maximum amount to be earned. If the Performance Maximum is higher than the number of performance shares earned on achievement of the Performance Target, the Committee shall establish and the award agreement shall set forth the maximum number of performance shares which may be earned, the level or levels of achievement of the Performance Criteria applicable to the Performance Period which must be attained for such maximum number of performance shares to be earned, and the manner of determining the number of performance shares earned if the actual level of performance is between the Performance Target and the Performance Maximum.
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Performance Maximum means a maximum dollar amount payable with respect to an Annual Incentive Award and the level or levels of achievement of the Performance Criteria applicable to a Plan Year which must be attained or exceeded for such maximum amount to be earned. If the Performance
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Examples of Performance Maximum in a sentence

  • For each classification and salary range, there shall be a Performance Maximum Salary Rate that is at least twenty percent (20%) higher than the Journey Level Salary Rate.

  • The range between the Minimum Salary Rate, the Journey Level Salary Rate, and the Performance Maximum Salary Rate, shall be an “open range” with no incremental salary steps.

  • A payment above the Performance Maximum Rate of the salary range for a class may be granted by the President when an employee moves to a class with a lower salary range.

  • The range between the Minimum Salary Rate, the Journey Level Salary Rate, and the Performance Maximum Salary Rate, shall be an "open range" with no incremental salary steps.

  • It indicates the Required Services, a Statement of Work or Sample Contract reference, the Standard of Performance, Maximum Allowable Deviation from the standard before service will be determined unsatisfactory, TTC’s Typical Method of Monitoring, and the Unsatisfactory Performance Deduction that may be assessed if the service is not satisfactorily provided.

  • Platform Xilinx Xilinx Virtex Family (Virtex6 and furthers) - upon availability Altera Stratix (Stratix-GX-IV and furthers) – upon availability Arria (Arria-II and furthers) – upon availability Others - Core Performance Maximum pixel per line 1920 pix.

  • Item 2: NMAS Equipment Item 3: Contracted Levels of Performance Maximum time taken to become fully available to provide the service following receipt of a request from AEMO.

  • The Performance Maximum Rate shall be twenty percent (20%) above the Journey Rate.

  • For each classification and salary range, there shall be a Performance Maximum Salary Rate that is twenty percent (20%) higher than the Journey Level Salary Rate.

Related to Performance Maximum

  • Performance Milestone means any of the milestones described in Section A2 (Performance Milestones) of attached Exhibit A (Start-Up License Schedule).

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.