Performance-Based Criteria Sample Clauses

Performance-Based Criteria. The entire Bargaining Unit must meet or exceed 60% the following metrics to receive the performance-based increases set forth in Section 1(B) and (C) of this Article. CATEGORY METRIC STANDARD VALUE Safety Lost time hours 0 lost time hours for entire Bargaining Unit or 10% less than the previous 5-year average 15% Lost time incidents 0 lost time hours for entire Bargaining Unit or 10% less than the previous 5-year average 15% Reliability CAIDI (average outage duration for customers who experience an outage) Lower than the previous year or 5-year APPA Average 15% XXXXX (Number of outages experienced by the average customer) Lower than the previous year or 5-year APPA Average 15% Productivity Unscheduled Time Off Incident Rate (Unscheduled is less than 24 hours notice for any time off) Less than 24 hours per employee 20% Overtime Availability Ratio (Accepted Calls/Calls made) 75% OT accepted 20%
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Performance-Based Criteria. A number of the PSUs subject to the Award that become earned (the “Earned PSUs”) following the end of the Performance Period shall be based: (1) Fifty percent (50%) on the Company’s FY 2014-2016 Relative Total Stockholder Return (as defined below) in accordance with the performance levels and payout percentages set forth in the table below labeled “rTSR Table;” and (2) Fifty percent (50%) on the Company’s FY 2014-2016 Earnings Per Share Cumulative Annual Growth Rate (as defined below) in accordance with the performance levels and payout percentages set forth in the table below labeled “Adjusted EPS CAGR Table;” provided that, subject to the remainder of this Agreement, the vesting of such Earned PSUs shall be contingent on you remaining continuously employed with the Hillshire Companies through the PSU Vesting Date. For the avoidance of doubt, your period of continuous employment for purposes of vesting excludes any severance period. rTSR Table Company % Percentile Rank(1) % of PSUs Earned(2) ≥ 75th 150 % 50th 100 % 25th 50 % < 25th 0 %
Performance-Based Criteria. The entire bargaining unit must meet or exceed 60% the following metrics to receive the performance- based increases set forth in Section 1(D) and (E) of this Article. METRIC STANDARD VALUE Lost time hours 0 lost time hours 10% Lost time incidents 0 lost time incidents 10% Unscheduled time off No more than 3 occurrences (1 occurrence = any increment of time off with less than one day’s notice) of unscheduled time off on average/per employee 20% Reliability Average reliability based on: - Average number of customers and hours and amount of time customers are without gas service for repairs not to exceed 10% – 5% of Reliability Value; - Average number of customers and hours and amount of time customers are without water service for repairs not to exceed 10% – 5% of Reliability Value; and - Annual generation capacity of both Greenup and Xxxxxxx Hydroelectric Plants greater than or equal to 50% of annual nameplate generation capacity of both Plants – 15% of Reliability Value 20%
Performance-Based Criteria. For purposes of qualifying to negotiate for the Designated Veteran Player Extension described above or the maximum salary for certain free agents described in section B.4 below, a player will have to meet at least one of the following performance criteria at the time of signing: • the player was named to the All-NBA first, second, or third team, or was named Defensive Player of the Year, in the immediately preceding season or in two of the immediately preceding three seasons; or • the player was NBA MVP during one of the preceding three seasons. Any player who is extended pursuant to these criteria (or signed as a free agent pursuant to section B.4 below) cannot be traded for one year from the date of signing. For any player who previously met the Designated Veteran Player performance criteria, has not yet reached unrestricted free agency, and, but for signing a Veteran Extension in 2016-17 prior to the execution of the new CBA, could or would have been eligible to sign a Designated Veteran Player Extension or a free agent contract as a Designated Veteran Player during the term of the new CBA (beginning in 2017-18), the following rule will apply: such a player will be permitted, in the off-season after his 8th or 9th season (as applicable), to negotiate a Designated Veteran Player Extension, provided that the player meets the applicable eligibility rules (but for the extension in 2016-17) and performance criteria at the time the Designated Veteran Player Extension is signed.

Related to Performance-Based Criteria

  • Performance Objectives 4.1 The Performance Plan (Annexure A) sets out-

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

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