Common use of Determination of Earned Award Clause in Contracts

Determination of Earned Award. At the end of each Performance Cycle, the Committee will determine whether the performance goals for each Performance Goal Category for that cycle have been achieved, and will determine, in its sole discretion, the award amount that you will receive for each Performance Goal Category as follows:

Appears in 4 contracts

Samples: Incentive Plan Award Agreement (Alion Science & Technology Corp), Term Incentive Plan Award Agreement (Alion Science & Technology Corp), Term Incentive Plan Award Agreement (Alion Science & Technology Corp)

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Determination of Earned Award. At the end of each the Performance Cycle, the Committee will shall determine whether you have achieved the Target for each of the performance goals listed above. If you meet the Target for each Performance Goal Category for that cycle have been achievedof the performance goals, and will determine, in its sole discretion, the your award amount that you will receive for each Performance Goal Category be the Target Award Amount, which is also referred to as follows:the “Earned Award.”

Appears in 1 contract

Samples: Incentive Plan Award Agreement (Alion Science & Technology Corp)

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