Management Objectives. The Management Objectives for the Performance Period covered by this Agreement are set forth on Exhibit B-1. The following applies with respect to the Management Objectives.
(a) Each Management Objective shall be evaluated separately with the total award determined through the matrix set forth on Exhibits B-1 and B-2, which correlates the Corporation’s performance against each Management Objective.
(b) In no event shall the Grantee be entitled to receive more than 200% of the Performance Shares granted hereunder.
Management Objectives. The management objectives of CPW are as follows:
i. Prevention
Management Objectives. 1. Avoid impacts to bank swallow nesting colonies on streambanks and hillsides.
2. Prevent nest colony establishment in stock-piled sand associated with instream mining operations.
Management Objectives. 1. Implement nest site identification and protection measures that have a high probability of providing for successful nesting of bald eagles.
2. Minimize disturbance of foraging bald eagles.
Management Objectives. Implement nest site identification and protection measures which have a high probability of providing for successful nesting of peregrine falcons.
Management Objectives. Maintain enough suitable habitat to contribute to a sustainable population of Pacific fishers in the coastal province of northern California.
Management Objectives. The following are the management objectives for the NSO OCP. The methods for determining the parameters are detailed in subsequent sections.
1. Maintain a minimum of 108 activity sites each year over the life of the HCP.
2. Maintain NSO pairs on an average of 80 percent (over a five-year period) of the minimum 108 activity sites on the ownership (as shown in Table 7, for 2002 this minimum number shall be 115 activity sites, then 108 for 2003 and all subsequent years). At least 80 of these sites shall be Level One sites, and the balance shall be Level Two sites. PALCO intends to maintain these selected Level One and Level Two sites as the core sites for a period of from three to five years, or as long as possible, given other circumstances that may arise and may preclude their maintenance as such. PALCO intends to select core sites that are historically stable, reproductively successful, and that have minimal disturbance, given that they occur in a managed landscape.
3. Maintain an average reproductive rate of at least 0.61 fledged young per pair (over a five-year period) for the minimum of 108 activity sites on the ownership (as shown in Table 7, for 2002 this minimum number shall be 115 activity sites, then 108 for 2003 and all subsequent years).
4. During the first five years of the HCP, maintain and document the minimum number of activity sites shown in Table 7.
Management Objectives. The Grantee’s right to receive payment of all or any portion of the Performance Shares shall be contingent upon the achievement of certain management objectives established by the Board or the Compensation Committee of the Board (the “Committee”), as the case may be, as set forth below (the “Management Objectives”). The achievement of the Management Objectives will be measured during the Performance Period set forth above. The Management Objectives for the Performance Period shall relate to basic earnings per share and annual dividend yield on book value and shall apply as follows:
(a) Fifty percent (50%) of the total number of Performance Shares shall be dependent on the Company’s percentage growth (whether positive or negative) in basic earnings per share during the Performance Period relative to the percentage growth in basic earnings per share of the companies listed on Exhibit A (the “Performance Peer Group”) during the same period (the “Relative EPS Performance Shares”).
(b) Fifty percent (50%) of the total number of Performance Shares shall be dependent on the average of the Company’s annual dividend yield on book value during the Performance Period relative to the average of the annual dividend yield on book value of the companies in the Performance Peer Group during the same period (the “Relative Dividend Yield Performance Shares”).
Management Objectives. The Management Objectives for the Performance Period covered by this Agreement are set forth on Exhibit A. The following applies with respect to the Management Objectives:
(a) In no event shall the Grantee be entitled to receive more than 200% of the Deferred Shares granted hereunder.
Management Objectives. The Management Objectives for the Performance Period covered by this Agreement shall be increases in the market price of the Common Shares over the Base Price as specified in Section 5 below.
