Production Growth Clause Samples

Production Growth. Production Growth means the Company’s compound annual production growth as measured by average annual barrels of oil equivalent per day (excluding acquisitions and divestitures) (“BOE/D”) for calendar years during the Performance Period as reported in the Company’s 10-K. Production Growth will be measured with respect to the following assets of the Company owned at March 16, 2010: South Midway Asset Team, including Poso Creek and ▇▇▇▇▇ ▇; North Midway Asset Team, including Placerita and ▇▇▇▇▇▇▇▇▇▇ 21Z; Unita Asset Team; Piceance Asset Team; East Texas Asset Team; and Permian Asset Team, including the Meritage acquisition.
View SourceView Similar (8)
Production Growth. Year end Production for 2076; but taking into account the effect of property sales, if applicable as approved by the Compensation Committee. (Measurement rounded to nearest 1/10th decimal) Maximum: greater than 20 MMBoe 50 Target: 16.2 MMBoe 25 Threshold: 15.4 MMBoe 12.5 Below Threshold 0 A-1 Executive (2017):
View SourceView Similar (2)
Production Growth. Production for 2015; but taking into account the effect of property sales, if applicable as deemed by the Committee. (Measurement rounded to nearest 1/10th decimal) Maximum: 21.2 MMBoe or greater 50 Target: 18.4 MMBoe 25 Threshold: 17.6 MMBoe 12.5 Below Threshold 0
View Source
Production Growth. The Ness Energy International, Inc. base net production (“Base Production”) at the time of contract signing is deemed to be 550,000 cfge/day. For any Production Growth over Base Production in increments of 100,000 cfge/day, after continuous production over 30 days (or 28 days or 31 days depending on the days in any given month), 166,667 shares of Ness Energy International, Inc. common stock (restricted) will be conveyed to ▇▇▇▇▇▇. Such calculations shall be made within 15 days of month end for the previous month (“Calculation Date”). Shares to be conveyed based upon this calculation shall be conveyed within 30 days of Calculation Date. No deductions to shares conveyed may be made based upon a fall in daily production below Base Production. However, Base Production is never adjusted downward, only upward based upon Production Growth. Only Production Growth over the initial or adjusted Base Production is compensated. EXAMPLE: July 2005 average daily net production is calculated as 767,000 cfge/day; Production Growth equates to 217,000 cfge/day (767,000 less 550,000); Consultant is conveyed 333,334 shares (200,000 divided by 100,000 equals 2; 2 multiplied by 166,667 shares equals 333,334); the new level of Base Production is set at 750,000 cfge/day (550,000 plus 200,000), which is never adjusted downward if monthly production were to fall below this number.
View Source
Production Growth. Year end Production for 2013, but taking into account the effect of property sales, if applicable.
View Source

Related to Production Growth

  • STATEWIDE ACHIEVEMENT TESTING When CONTRACTOR is a NPS, per implementation of Senate Bill 484, CONTRACTOR shall administer all Statewide assessments within the California Assessment of Student Performance and Progress (“CAASPP”), Desired Results Developmental Profile (“DRDP”), California Alternative Assessment (“CAA”), achievement and abilities tests (using LEA-authorized assessment instruments), the Fitness Gram, , the English Language Proficiency Assessments for California (“ELPAC”), and as appropriate to the student, and mandated by LEA pursuant to LEA and state and federal guidelines. CONTRACTOR is subject to the alternative accountability system developed pursuant to Education Code section 52052, in the same manner as public schools. Each LEA student placed with CONTRACTOR by the LEA shall be tested by qualified staff of CONTRACTOR in accordance with that accountability program. ▇▇▇ shall provide test administration training to CONTRACTOR’S qualified staff. CONTRACTOR shall attend LEA test training and comply with completion of all coding requirements as required by ▇▇▇.

  • Measuring EPP parameters Every 5 minutes, EPP probes will select one “IP address” of the EPP servers of the TLD being monitored and make an “EPP test”; every time they should alternate between the 3 different types of commands and between the commands inside each category. If an “EPP test” result is undefined/unanswered, the EPP service will be considered as unavailable from that probe until it is time to make a new test.

  • Performance Improvement Plan timely and accurate completion of key actions due within the reporting period 100 percent The Supplier will design and develop an improvement plan and agree milestones and deliverables with the Authority 3.2 The Authority may from time to time make changes to the KPIs measured as set out in paragraph 3.1 above and shall issue a replacement version to the Supplier. The Authority shall give notice In Writing of any such change to the KPIs measured and shall specify the date from which the replacement KPIs must be used for future reports. Such date shall be at least thirty (30) calendar days following the date of the notice to the Supplier.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Target Population TREATMENT FOR ADULT (TRA) Target Population