Target Performance Award and Maximum Performance Award Sample Clauses

Target Performance Award and Maximum Performance Award. 100% of the Target Performance Award shall vest and be payable if the Company’s EPS achieves a compounded annual growth rate (“CAGR”) of 10% or more when comparing the base EPS for the year ended December 31, 2009 (see below), with the EPS for the year ending December 31, 2012 (see below); 200% of the Target Performance Award (or the maximum Performance Award) shall vest and be payable if the Company’s EPS achieves a CAGR of 20% or more when comparing the base EPS for the year ended December 31, 2009 (see below), with the EPS for the year ending December 31, 2012 (see below).
Sample 1
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Target Performance Award and Maximum Performance Award. 100% of the Target Performance Award shall vest and be payable if the Company’s EPS achieves a [**Confidential Treatment Requested] of [**Confidential Treatment Requested] or more when comparing the [**Confidential Treatment Requested] EPS for the year ended December 31, 2010 (see below), with the EPS for the year ending December 31, 2013 (see below); 200% of the Target Performance Award (or the maximum Performance Award) shall vest and be payable if the Company’s EPS achieves a [**Confidential Treatment Requested] of [**Confidential Treatment Requested] when comparing the [**Confidential Treatment Requested] EPS for the year ended December 31, 2010 (see below), with the EPS for the year ending December 31, 2013 (see below).
Sample 1
Target Performance Award and Maximum Performance Award. 100% of the Target Performance Award shall vest and be payable if the Company’s EPS achieves a compounded annual growth rate (“CAGR”) of 10% or more when comparing the base fully diluted EPS for the year ended December 31, 2012, determined as described in section 3(a) below ( the “Base EPS”), with the fully diluted EPS for the year ending December 31, 2015, adjusted as described in section 3(b) below, if applicable (the “2015 EPS”); 200% of the Target Performance Award (or the maximum Performance Award) shall vest and be payable if the Company’s EPS achieves a CAGR of 20% or more when comparing the Base EPS with the 2015 EPS.
Sample 1
Target Performance Award and Maximum Performance Award. 100% of the Target Performance Award shall vest and be payable if the Company’s EPS achieves a compounded annual growth rate (“CAGR”) of [**Confidential Treatment Requested] when comparing the base fully diluted EPS for the year ended December 31, 2013, determined as described in section 3(a) below (the “Base EPS”), with the fully diluted EPS for the year ending December 31, 2016, [**Confidential Treatment Requested] (the “2016 EPS”); 200% of the Target Performance Award (or the maximum Performance Award) shall vest and be payable if the Company’s EPS achieves a CAGR of [**Confidential Treatment Requested] when comparing the Base EPS with the 2016 EPS.
Sample 1
Target Performance Award and Maximum Performance Award. 100% of the Target Performance Award shall vest and be payable if the Company’s Adjusted Operating Income achieves a compounded annual growth rate (“CAGR”) of 10.0% or more when comparing the Adjusted Operating Income for the year ended December 31, 2015, (the “Base Adjusted Operating Income”), with the Company’s 2018 Adjusted Operating Income; 250% of the Target Performance Award (or the maximum Performance Award) shall vest and be payable if the Company’s Adjusted Operating Income achieves a CAGR of 15% or more when comparing the Base Adjusted Operating Income with the 2018 Adjusted Operating Income.
Sample 1
Target Performance Award and Maximum Performance Award. 100% of the Target Performance Award shall vest and be payable if the Company’s EPS achieves a compounded annual growth rate (“CAGR”) of [**Confidential Treatment Requested] when comparing the base [**Confidential Treatment Requested] EPS for the year ended December 31, 2011, determined as described in section 3(a) below ( the “Base EPS”), with the [**Confidential Treatment Requested] EPS for the year ending December 31, 2014, [**Confidential Treatment Requested] (the “2014 EPS”); 200% of the Target Performance Award (or the maximum Performance Award) shall vest and be payable if the Company’s EPS achieves a CAGR of [**Confidential Treatment Requested] when comparing the Base EPS with the 2014 EPS.
Sample 1

Related to Target Performance Award and Maximum Performance Award

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Award of Performance Stock Units The Company hereby grants to you, effective as of the Grant Date, an Award of Performance Stock Units for that number of Performance Stock Units communicated to you and set forth in the Company’s records (the “PSUs”), on the terms and conditions set forth in such communication, this Agreement and the Plan. Each PSU represents the right to receive one share of Stock, subject to the terms and conditions set forth herein.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Cash Award Subject to Section 2 and provided that you are employed by the Company or one of its affiliates on each applicable payment date set forth below, the Company shall pay you the Cash Award at the following times: (i) one-third (1/3) of the Cash Award on the Closing Date, (ii) one-third (1/3) of the Cash Award on the first anniversary of the Closing Date and (iii) the remaining one-third (1/3) of the Cash Award on the second anniversary of the Closing Date.

  • Performance Shares The Performance Shares earned by the Grantee will be determined and delivered to the Grantee as soon as practicable subsequent to the determination of the Corporation’s financial results for the Performance Cycle and approval by the Plan Administrator. The corresponding shares of the Corporation’s common stock will be purchased on the open market.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Award of Performance Shares Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Performance Shares (individually, the “PS”) as shown on the Award Summary. Notwithstanding anything herein to the contrary, only active Employees and those Employees on Short Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (pursuant to the Company’s Human Resources Policies) on the effective date of the award as shown on the Award Summary shall be eligible to receive the award.

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