Performance-Based Cash Award definition

Performance-Based Cash Award means a cash Award under Article XI of this Plan that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.
Sample 1Sample 2Sample 3
Performance-Based Cash Award means a right granted to a Participant under Article 9 to a cash award to be paid upon achievement of such performance goals as the Committee establishes with regard to such Award.
Sample 1Sample 2Sample 3
Performance-Based Cash Award means an award that is paid in the form of cash based on the attainment of Performance Goals as described in Section 9.
Sample 1Sample 2Sample 3

Examples of Performance-Based Cash Award in a sentence

  • The grant of a Performance-Based Cash Award to a Participant will entitle the Participant to receive at a specified later time a specified dollar value in cash variable under conditions specified in the Award, if the performance goals in the Award are achieved and the other terms and conditions thereof are satisfied.

  • Any Performance-Based Cash Award deferred by a Participant in accordance with the terms and conditions established by the Committee shall not increase (between the date on which the Performance-Based Cash Award is credited to any deferred compensation program applicable to such Participant and the payment date) by an amount that would result in such deferral being deemed as an “increase in the amount of compensation” under Code Section 162(m).

  • If the Target Bonus Target, but not the Stretch Bonus Target, is achieved, the Performance-Based Cash Award payable to the Employee hereunder shall be the Target Bonus.

  • Notwithstanding the foregoing, the Committee may place such conditions on the payment of all or any portion of any Performance-Based Cash Award as the Committee may determine and prior to the beginning of a Performance Period the Committee may (A) provide that the payment of all or any portion of any Performance-Based Cash Award shall be deferred and (B) permit a Participant to elect to defer receipt of all or a portion of any Performance-Based Cash Award.

  • Notwithstanding the foregoing, the Committee may exercise negative discretion by providing in a Performance-Based Cash Award the discretion to pay an amount less than otherwise would be provided under the applicable level of attainment of the performance goals.


More Definitions of Performance-Based Cash Award

Performance-Based Cash Award means a cash Award pursuant to Section 10 that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.
Sample 1Sample 2Sample 3
Performance-Based Cash Award. ’ shall mean a cash Award under Article XI that is payable or otherwise based on the attainment of certain pre-established Performance Goals during a Performance Period.
Sample 1Sample 2
Performance-Based Cash Award means any award made to an employee of the Company or an Affiliate that vests on the achievement of specific performance criteria and is denominated and payable in cash.
Sample 1Sample 2
Performance-Based Cash Award means a cash Award under
Sample 1Sample 2
Performance-Based Cash Award means an award of the right, subject to such conditions, restrictions and contingencies as the Committee determines, including specifically the satisfaction of specified Performance Measures, to receive a cash payment.
Sample 1
Performance-Based Cash Award means a Cash Award that the Compensation Committee intends to be subject to achievement of Performance Criteria.
Sample 1
Performance-Based Cash Award means a right granted to a Participant under Article 9 to a cash award to be paid upon achievement of
Sample 1