Performance Unit Value definition

Performance Unit Value means, with respect to any Performance Objective, $0 if the Threshold Performance Level is not attained; $75.00 if the Threshold Performance Level is attained but the Target Performance Level is not attained; $100.00 if the Target
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Performance Unit Value means (A) the difference between the After Tax Net Income and the Targeted Return on Stockholders' Equity, multiplied by (B) the Grant Funding Rate;
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Performance Unit Value means the value of each Right as determined ---------------------- by the Committee.
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Examples of Performance Unit Value in a sentence

  • The actual Performance Unit Value will be determined based upon Comdisco's Total Shareholder Return over the Performance Period.

  • 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.

  • Cash Distribution - You may elect to have 100% of the actual Performance Unit Value paid in cash (less applicable taxes).

  • 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.

  • Restricted Stock - You may elect to have 100% of the actual Performance Unit Value paid in the form of Restricted Stock.

  • In no event shall the payments (or Discount Value of Stock Options, as applicable) forfeited by the Executive in accordance with Section 3 increase (or decrease) the Bonus Pool or the Performance Unit Value of the Performance Units of any other Plan Participant.

  • After receiving a proper notice of exercise of Performance Units, the Company shall cause to be paid to the Optionee, within one month of exercise, an amount equal to the Net Performance Unit Value for each Performance Unit so exercised, less any applicable tax withholdings.

  • Each Performance Unit shall entitle the Optionee to a cash payment, equal to the Net Performance Unit Value, determined as of the most recent valuation.

  • Net Performance Unit Value shall be determined on an annual basis (or at more frequent intervals as the Company may determine from time to time in its sole discretion), and shall be communicated to the Optionee within a reasonable time following the determination of such value.

  • In such event, the actual Performance Unit Value will be multiplied by 120% and the product thereof will be used to acquire Restricted Stock based on the closing price of Comdisco's stock on September 30, 2000.

Related to Performance Unit Value

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.