Target Performance Objective definition

Target Performance Objective means one of the pre-established Performance Objectives used to determine the Target Award.
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Target Performance Objective means the achievement by the Company of a second quartile ranking amongst the Peer Group Companies for ROIC Improvement for the Performance Period. See attached Exhibit A for concept discussion and example.
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Target Performance Objective for each Performance Measure means the Performance at which 100% of an Award attributable to that Performance Measure will be earned by a Participant.
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Examples of Target Performance Objective in a sentence

  • VTA’s contact person for all matters related to this Agreement will be the General Manager or his or her designee.

  • The Performance Units granted hereunder shall have a cash payment value of: U.S. $ per Performance Unit upon achievement of the Target Performance Objective for the Performance Period, or alternatively, U.S. $ per Performance Unit upon achievement of the Superior Performance Objective for the Performance Period.

  • If Corporation's Second 12 Month Period EBITDA exceeds the Minimum Performance Objective but does not satisfy the Target Performance Objective for such period, or exceeds the Target Performance Objective but does not satisfy the Upside Performance Objective for such period, the Initial Purchase Price shall be increased on a proportional basis.

  • Such Performance Objectives are as follows: (1) First 12 Month Period - Minimum Performance Objective - $7,300,000; Target Performance Objective - $9,300,000; and Upside Performance Objective - $10,200,000 and (2) Second 12 Month Period - Minimum Performance Objective - $8,000,000; Target Performance Objective - $11,500,000; and Upside Performance Objective - $13,350,000.

  • To the extent that Corporation's Second 12 Month Period EBITDA satisfies the Target Performance Objective for such period, Shareholders will be paid up to a maximum of $10,000,000 (the "THIRD EARNOUT PAYMENT").

  • To the extent that Corporation's First 12 Month Period EBITDA satisfies the Target Performance Objective for such period, Shareholders will be paid up to a maximum of $12,000,000 (the "FIRST EARNOUT PAYMENT").

  • If Corporation's First 12 Month Period EBITDA exceeds the Minimum Performance Objective but does not satisfy the Target Performance Objective for such period, or exceeds the Target Performance Objective but does not satisfy the Upside Performance Objective for such period, the Initial Purchase Price shall be increased on a proportional basis.

Related to Target Performance Objective

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Performance Objectives means the measurable performance objective or objectives established by the Committee pursuant to the Plan. Any Performance Objectives may relate to the performance of the Company or one or more of its Subsidiaries, divisions, departments, units, functions, partnerships, joint ventures or minority investments, product lines or products, or the performance of the individual Participant, and may include, without limitation, the Performance Objectives set forth in Section 14(b). The Performance Objectives may be made relative to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Objectives as compared to various stock market indices. Performance Objectives may be stated as a combination of the listed factors.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • 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.