Common use of Timing For Establishing Performance Goals Clause in Contracts

Timing For Establishing Performance Goals. Performance goals for any Performance-Based Award shall be established not later than the earlier of (a) 90 days after the beginning of any Performance Period applicable to such Award, and (b) the date on which twenty-five percent (25%) of any Performance Period applicable to such Award has expired, or at such other date as may be required or permitted for compensation payable to a Covered Employee to constitute Performance-Based Compensation.

Timing For Establishing Performance Goals. Performance goals for any Performance-Based Award shall be established not later than the earlier of (a) 90 days after the beginning of any Performance Period performance period applicable to such Award, and (b) the date on which twenty-five percent (25%) of any Performance Period applicable to such Award has expiredor Annual Incentive Awards, or at such other date as may be required or permitted for compensation payable to a Covered Employee to constitute Performance“performance-Based Compensationbased compensation” under Code Section 162(m).

Timing For Establishing Performance Goals. Performance goals for any Performance-Based Award shall be established not later than the earlier of (a) 90 days after the beginning of any Performance Period performance period applicable to such Award, and (b) Awards or the date day on which twenty-five percent (25%) % of any Performance Period performance period applicable to such Award has expiredAwards expires, or at such other date as may be required or permitted for compensation payable to a Covered Employee to constitute Performance“performance-Based Compensationbased compensation” under Code Section 162(m).

Timing For Establishing Performance Goals. Performance goals for any Performance-Based Award shall be established in writing by the Committee not later than the earlier of (a) 90 days after the beginning of any Performance Period performance period applicable to such AwardPerformance Awards, provided that the outcome is substantially uncertain at the time the Committee actually establishes the goal and (b) provided that it is established at or before 25 percent of the date on which twenty-five percent (25%) of any Performance Period applicable to such Award performance period has expiredelapsed, or at such other date as may be required or permitted for compensation payable to a Covered Employee to constitute Performance“performance-Based Compensationbased compensation” under Code Section 162(m).