Bank Performance Plan Sample Clauses

Bank Performance Plan. The “Bank Performance Plan” (“BPP”) defines the performance criteria to be used to measure the annual financial performance of the Bank and the amount to be contributed annually to the ALB under· this Agreement and is incorporated herein by reference. A copy of the 2018 BPP goals are attached hereto and incorporated by reference herein as “Exhibit A”, and the Annual Contribution Amount shall be pro-rated for 2017 to address partial year participation in the Plan. For years after 2018, the BPP goals will either remain as specified for the prior Service Period, or will be modified by the HR/Compensation Committee of the Board of Directors, and Annual Contribution Amounts will be pro-rated to reflect such partial year modification of the BPP goals. Any changes to the BPP goals will be provided to the Executive in a timely manner.
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Bank Performance Plan. The “Bank Performance Plan” (“BPP”) defines the performance criteria to be used to measure the annual financial performance of the Bank and the Annual Incentive Contribution amount to be made under this Agreement (as approved by the Committee). A copy of the 2019 BPP goals is attached hereto and incorporated by reference herein as “Exhibit A”, and the Annual Incentive Contribution amount shall be pro-rated for 2019 to address partial year participation in the Plan. For years after 2019, the BPP goals will either remain as specified for the prior Service Period or will be modified by the Committee following consultation with Executive. Any changes to the BPP goals will be provided to the Executive in a timely manner.
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Bank Performance Plan. The “Bank Performance Plan” (“BPP”) defines the performance criteria to be used to measure the annual financial performance of the Bank and the amount to be contributed annually to the ALB under this Agreement and is incorporated herein by reference. A copy of the 2018 BPP goals are attached hereto and incorporated by reference herein as “Exhibit A”. For years after 2018, the BPP goals will either remain as specified for the prior Service Period, or will be modified by the HR/Compensation Committee of the Board of Directors, and Annual Contribution Amounts will be pro-rated to reflect such partial year modification of “the BPP goals. Any changes to the BPP goals will be provided to the Executive in a timely manner.
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Related to Bank Performance Plan

  • 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 G), 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).

  • KEY PERFORMANCE INDICATORS 10.1 The Supplier shall at all times during the Framework Period comply with the Key Performance Indicators and achieve the KPI Targets set out in Part B of Framework Schedule 2 (Goods and/or Services and Key Performance Indicators).

  • Continuing Performance In the event of a dispute, the Owner and the Developer agree to continue their respective performance hereunder to the extent feasible in light of the dispute, including paying ▇▇▇▇▇▇▇▇, and such continuation of efforts and payment of ▇▇▇▇▇▇▇▇ shall not be construed as a waiver of any legal right.

  • Employee Performance Review When a formal review of an employee’s performance is made, the employee concerned shall be given an opportunity to discuss, sign and make written comments on the review form in question and the employee is to receive a signed copy to indicate that its contents have been read. An employee shall be entitled to a minimum of two (2) work days to review the performance review prior to providing any response to the Employer, verbally or in writing, with respect to the evaluation.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.