Abbreviated Measurement Period Performance Sample Clauses

Abbreviated Measurement Period Performance. All of the Performance Shares granted hereunder will be earned if (i) the Participant remains in the continuous employ of the Company or an Affiliate from the Date of Award until either (A) the Participant’s termination without Cause before May 31, 2008 or with Good Reason before May 31, 2008, (B) a Control Change Date that occurs before May 31, 2008 or (C) the termination of the Participant’s employment before May 31, 2008, on account of the Participant’s death or Disability and (ii) the TRS is at least ten percent (10%). For purposes of this paragraph 4, the term “TRS” has the same meaning as under paragraph 3 except that the “Abbreviated Measurement Period” shall be used instead of the “Measurement Period.” For purposes of this Agreement, the term “Abbreviated Measurement Period” means the period beginning on June 1, 2005, and ending on the date of the Participant’s termination of employment or a Control Change Date, as applicable, in accordance with clause (i) of the preceding sentence.
Sample 1
AutoNDA by SimpleDocs
Abbreviated Measurement Period Performance. This paragraph 4 applies if the Participant remains in the continuous employ of the Company or an Affiliate from the Date of Award until either (i) the Participant’s termination without Cause before May 31, 2008 or with Good Reason before May 31, 2008, (ii) a Control Change Date that occurs before May 31, 2008 or (iii) the termination of the Participant’s employment before May 31, 2008, on account of the Participant’s death or Disability. If this paragraph 4 applies, the Performance Shares granted hereunder will be earned in accordance with the following table based on the TRS for the Abbreviated Measurement Period: Less than 10% 0 At least 10% but less than 12% 35,000 At least 12% but less than 14% 52,500 At least 14% but less than 16% 70,000 16% or more 87,500
Sample 1
Abbreviated Measurement Period Performance. This paragraph applies if the Participant remains in the continuous employ of the Company or an Affiliate from the Date of Award until either (i) the Participant’s termination without Cause before May 31, 2008, (ii) the Participant’s resignation with Good Reason before May 31, 2008, (iii) the Participant’s termination of employment before May 31, 2008 on account of death or Disability or (iv) a Control Change Date that occurs before May 31, 2008. In any of those events, the Participant will earn the right to receive the payments determined in accordance with the following table based on the TRS for the Abbreviated Measurement Period, the number of Shares shown in the table and the Fair Market Value of that number of Shares on the last day of the Abbreviated Measurement Period: Less than 12% 0 At least 12% but less than 14% 75,000 At least 14% but less than 16% 150,000 16% or more 225,000
Sample 1

Related to Abbreviated Measurement Period Performance

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Usage Measurement Usage measurement for calls shall begin when answer supervision or equivalent Signaling System 7 (SS7) message is received from the terminating office and shall end at the time of call disconnect by the calling or called subscriber, whichever occurs first.

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Performance Measurement The Uniform Guidance requires completion of OMB-approved standard information collection forms (the PPR). The form focuses on outcomes, as related to the Federal Award Performance Goals that awarding Federal agencies are required to detail in the Awards.

  • Measurement Period In this Agreement, unless the contrary intention appears, a reference to:

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • Annual Performance Review The Employee’s performance of his duties under this Agreement shall be reviewed by the Board of Directors or a committee of the Board of Directors at least annually and finalized within thirty (30) days of the receipt of the annual audited financial statements. The Board of Directors or a committee of the Board of Directors shall additionally review the base salary, bonus and benefits provided to the Employee under this Agreement and may, in their discretion, adjust the same, as outlined in Addendum B of this Agreement, provided, however, that Employee’s annual base salary shall not be less than the base salary set forth in Section 4(A) hereof.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Quarterly Contractor Performance Reporting Customers shall complete a Contractor Performance Survey (Exhibit I) for each Contractor on a Quarterly basis. Customers will electronically submit the completed Contractor Performance Survey(s) to the Department Contract Manager no later than the due date indicated in Contract Exhibit D, Section 17, Additional Special Contract Conditions. The completed Contractor Performance Survey(s) will be used by the Department as a performance-reporting tool to measure the performance of Contractors. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MyFloridaMarketPlace or on the Department's website).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!