Annual Performance Goals. The Company has net income greater than zero. • The Company maintains a “well-capitalized” status as determined in accordance with applicable regulatory standards. In the event that the Company does not achieve the Annual Performance Goals with respect to one or more Performance Periods, the portion of the Restricted Performance Stock which shall vest on the Vesting Date shall be determined by multiplying the number of shares of Company Stock subject to the Restricted Performance Stock by a fraction, the numerator of which is the number of Performance Periods with respect to which the Company achieved the Annual Performance Goals and the denominator of which is the number of Performance Periods during the period beginning on the Grant Date and ending on the Vesting Date.
Annual Performance Goals. Within the first 90 days of each fiscal year during the Performance Period, the Committee shall establish in writing one or more Performance Goals applicable to such fiscal year, which shall be based upon the achievement of specified financial performance objectives and which shall be set forth on the attached Exhibit A, as may be amended by the Committee. The Committee may establish special adjustments that will be applied in calculating the extent to which the Performance Goals have been satisfied.
Annual Performance Goals. Adult and Dislocated Worker Only (Youth Excluded), based on Formula Funds.
Annual Performance Goals. Not later than July 1 for each year of this Second Contract, the CEO shall submit to the Board for the Board’s consideration and adoption, proposed goals for the City Schools. No than July 31 for each year of the Contract, the CEO and the Board shall meet to review the proposed goals and to agree on the goals. The Board will approve those goals July 31 for each year of this Second Contract. The goals shall be among the criteria used by the Board to review and evaluate the CEO’s performance. The Board agrees to work with and support the CEO in implementing these goals.
Annual Performance Goals. On or prior to November 1 of each ------------------------ calendar year during the Term of the Strategic Alliance, the Management Committee shall evaluate, establish and adopt performance goals (the "Performance Goals") with respect to each Party's expected activities under the ----------------- Strategic Alliance for the upcoming calendar year. Such Performance Goals shall be detailed and specific, and shall include objective and quantifiable metrics against which to measure the benefits to the Parties of the Strategic Alliance and each Party's contributions thereto.
Annual Performance Goals. The Annual Performance Goals with respect to each Performance Period shall mean the total gas production goals (the “Gas Production Goals”) and the total gas cost goals (the “Gas Cost Goals”) for each such Performance Period as set forth below: 2010 Performance Period 2011 Performance Period 2012 Performance Period 2013 Performance Period Gas Production Goals (Bcf) Gas Cost Goals ($/Mcf) The 2010 Performance Period shall consist of the six (6) month period beginning on July 1, 2010 and ending on December 31, 2010. The 2011, 2012 and 2013 Performance Periods shall each consist of the twelve (12) month period beginning on January 1 and ending on December 31 of such year. The Committee may make adjustments to the production and/or cost calculations in its sole discretion that it deems necessary or appropriate. Vesting As demonstrated below, vesting with respect to each Performance Period will be based 50% on the achievement of the Gas Production Goals and 50% on the achievement of the Gas Cost Goals. Each Annual Performance Goal is mutually exclusive of any other Annual Performance Goal (for example, in the 2010 Performance Period, if the Gas Production Goal is achieved, the shares underlying the Option relating to the Gas Production Goal will vest even if the Gas Cost Goal is not achieved for such period). Subject to the achievement of the Annual Performance Goals for any particular Performance Period (as determined and certified by the Compensation Committee) or as otherwise provided in this Agreement, up to 25% of the Options shall vest as demonstrated below: [Note: Table to be completed for each Participant once the number of options is determined] Number of Stock Options Eligible to Vest After Each Performance Period Based On 2010 Performance Based On 2011 Performance Based On 2012 Performance Based On 2013 Performance Total* Gas Production Goals (50%) Gas Cost Goals (50%) Total * Subject to the terms of the Agreement, including, but not limited to, the achievement of the Annual Performance Goals for each of the Performance Periods on a cumulative basis.
Annual Performance Goals. The Board and Superintendent hereby mutually agree performance goals shall be developed by committees of the board in conjunction with the Superintendent on a yearly basis. Such goals may be in the area of Student Growth and Achievement, Organizational Leadership, District Operations and Fiscal Management, Communications and Community Relations, Human Resources, and Professionalism. The parties acknowledge the specific goals of the Superintendent may be reflective of the needs of the District for a given year, and therefore, such goals are subject to change year over year of this agreement.
Annual Performance Goals. This section evaluates the attainment of district and performance goals that are to be determined at the beginning of the current evaluation cycle. The section provides an opportunity for discussion about the specific and current needs of the district, and allows for the formulation of a set of up to five goals intended to address those needs. These goals will be developed mutually by the superintendent the board of directors. Annual performance goals for the superintendent should be determined at the beginning of each year’s evaluation cycle, and should be based primarily on the district’s strategic plan, other district wide priorities, and the superintendent’s own professional goals. Space is provided on this form to outline the annual goals for the superintendent, including an area for identifying indicators or measures of success. It is extremely important that the board and superintendent discuss the expectations of the board each year related to the annual goals in order to ensure clarity and attainment. Annual Goal 1: A=Achieves high levels of performance, M=Meets professional levels of performance, U=Unsatisfactory Indicators of what was accomplished: Annual Goal 2: A=Achieves high levels of performance, M=Meets professional levels of performance, U=Unsatisfactory Indicators of what was accomplished: Annual Goal 3: A=Achieves high levels of performance, M=Meets professional levels of performance, U=Unsatisfactory Indicators of what was accomplished: Annual Goal 4: A=Achieves high levels of performance, M=Meets professional levels of performance, U=Unsatisfactory Indicators of what was accomplished: Superintendent Performance Evaluation Summary Overall Evaluation Rating: A=Achieves high levels of performance, M=Meets professional levels of performance, U=Unsatisfactory Commendations:
Annual Performance Goals. Within the first 90 days of each fiscal year during the Performance Period, the Committee shall establish in writing one or more Performance Goals applicable to such fiscal year, which shall be based upon the achievement of specified financial performance objectives and which shall be set forth on the attached Exhibit A, as may be amended by the Committee. The Committee may establish special adjustments that will be applied in calculating the extent to which the Performance Goals have been satisfied, provided that, to the extent necessary to preserve any otherwise available qualification of the Share Units as “performance-based compensation” within the meaning of Section 162(m)(4)(C) of the Code, the adjustments are set forth in writing no later than 90 days after the beginning of the fiscal year to which the adjustments are to be applied.
Annual Performance Goals. Xxx. Xxxxx shall, on or before ninety (90) days from assuming the duties of Superintendent, and annually thereafter on a date established by the Board, meet with the Board to consider and adopt performance goals for the Superintendent and the District. These performance goals, developed collegially by the Superintendent and Board, shall be memorialized and shall be among the criteria upon which the Superintendent’s performance will be evaluated and her future compensation determined.
