Additional Performance Goals Clause Samples
Additional Performance Goals. Annually, the Board and Superintendent may mutually establish additional performance goals and indicators for the Superintendent. Such goals shall be developed with the Superintendent in writing by September 1 of each Contract Year. The additional goals are not intended to be performance goals within the meaning of the Section 10-23.8 of the School Code.
Additional Performance Goals. Pursuant to Section VI of the Plan, the Committee has elected to eliminate or reduce the number of shares of stock under the Award as provided in this Agreement. On or before [APPLICABLE DATE], the Committee shall review the Company’s overall performance based on the criteria and factors provided in Exhibit 1 which sets forth additional Performance Goals and provides for the reduction in the number of PSUs subject to this Award in accordance with this Agreement and the Plan.
Additional Performance Goals. Financial performance will be measured based on the Company’s [ADDITIONAL PERFORMANCE METRIC] during the Performance Cycle. In determining [ADDITIONAL PERFORMANCE METRIC] for this purposes, the Committee shall use [ADDITIONAL PERFORMANCE METRIC] as reported in the Company’s quarterly and annual reports filed with the Securities and Exchange Commission which shall be adjusted to take into account income charges for restructuring, extraordinary, unusual or non-recurring items, discontinued operations and cumulative effect of accounting changes, each as defined by Generally Accepted Accounting Principles or changes in tax laws, as identified on the face of the income statements or in the footnotes thereto, or in the Management Discussion and Analysis section of the Company’s quarterly and annual reports filed with the Securities and Exchange Commission.
Additional Performance Goals. Pursuant to Section 6.4 of the Plan, the Committee has retained the right to eliminate or reduce the number of shares of stock which are subject to any Performance Based Award. On or before [___], the Committee will review the Company’s overall performance based on the factors provided in Exhibit 1 and will reduce the number of PSUs which are subject to this Award.
