Common use of Value/Performance Goals Clause in Contracts

Value/Performance Goals. The Committee shall set Performance Goals in its discretion which, depending on the extent to which they are met during a Performance Period, will determine the number or value of Performance Units that will be paid to the Grantee at the end of the Performance Period. Each Performance Unit shall have an initial or target value that is established by the Committee at the time of grant. The Performance Goals for Awards of Performance Units may be set by the Committee at threshold, target and maximum performance levels with the number or value of the Performance Units payable directly correlated to the degree of attainment of the various performance levels during the Performance Period. Unless otherwise provided in an Award Agreement, no payment shall be made with respect to a Performance Unit Award if the threshold performance level is not satisfied. If Performance Goals are attained between the threshold and target performance levels or between the target and maximum performance levels, the number or value of Performance Units under such Award shall be determined by linear interpolation, unless otherwise provided in an Award Agreement. With respect to Covered Employees and to the extent the Committee deems it appropriate to comply with the Performance-Based Exception, all Performance Goals shall be based on objective Performance Measures satisfying the requirements for the Performance-Based Exception, and shall be set by the Committee within the time period prescribed by Performance-Based Exception.

Value/Performance Goals. The Committee shall set Performance Goals performance goals in its discretion which, depending on the extent to which they are met during a Performance Period, will determine the number or value of Performance Units that will be paid to the Grantee at the end of the Performance Period. Each Performance Unit shall have an initial or target value that is established by the Committee at the time of grant. The Performance Goals performance goals for Awards of Performance Units may shall be set by the Committee at threshold, target and maximum performance levels with the number or value of the Performance Units payable directly correlated tied to the degree of attainment of the various performance levels during the Performance Period. Unless otherwise provided in an Award Agreement, no No payment shall be made with respect to a Performance Unit Award if the threshold performance level is not satisfied. If Performance Goals performance goals are attained between the threshold and target performance levels or between the target and maximum performance levels, the number or value of Performance Units under such Award shall be determined by linear interpolation, unless otherwise provided in an Award Agreement. With respect to Covered Employees and to the extent the Committee deems it appropriate to comply with Section 162(m) of the Performance-Based ExceptionCode, all Performance Goals performance goals shall be based on objective Performance Measures satisfying the requirements for the Performance-Based Exception, and shall be set by the Committee within the time period prescribed by Performance-Based ExceptionSection 162(m) of the Code and related regulations.

Value/Performance Goals. The Committee shall set Performance Goals performance goals in its discretion which, depending on the extent to which they are met during a Performance Period, will determine the number or value of Performance Units that will be paid to the Grantee at the end of the Performance Period. Each Performance Unit shall have an initial or target value that is established by the Committee at the time of grant. The Performance Goals Except as provided an Award Agreement, (a) the performance goals for Awards of Performance Units may shall be set by the Committee at threshold, target and maximum performance levels with the number or value of the Performance Units payable directly correlated tied to the degree of attainment of the various performance levels during the Performance Period. Unless otherwise provided in an Award Agreement, (b) no payment shall be made with respect to a Performance Unit Award if the threshold performance level is not satisfied. If Performance Goals , and (c) if performance goals are attained between the threshold and target performance levels or between the target and maximum performance levels, the number or value of Performance Units under such Award shall be determined by linear interpolation, unless otherwise provided in an Award Agreement. With respect to Covered Employees and to the extent the Committee deems it appropriate to comply with Section 162(m) of the Performance-Based ExceptionCode, all Performance Goals performance goals shall be based on objective Performance Measures satisfying the requirements for the Performance-Based Exception, and shall be set by the Committee within the time period prescribed by Performance-Based ExceptionSection 162(m) of the Code and related regulations.

Value/Performance Goals. The Committee shall set Performance Goals in its discretion which, depending on the extent to which they are met during a Performance Period, will determine the number or value of Performance Units that will be paid to the Grantee at the end of the Performance Period. Each Performance Unit shall have an initial or target value that is established by the Committee at the time of grant. The Performance Goals for Awards of Performance Units may be set by the Committee at threshold, target and maximum performance levels with the number or value of the Performance Units payable directly correlated to the degree of attainment of the various performance levels during the Performance Period. Unless otherwise provided in an Award Agreement, no payment shall be made with respect to a Performance Unit Award if the threshold performance level is not satisfied. If Performance Goals are attained between the threshold and target performance levels or between the target and maximum performance levels, the number or value of Performance Units under such Award shall be determined by linear interpolation, unless otherwise provided in an Award Agreement. With respect to Covered Employees and to the extent the Committee deems it appropriate to comply with the Performance-Based ExceptionCode Section 162(m), all Performance Goals shall be based on objective Performance Measures satisfying the requirements for the Performance-Based Exception, and shall be set by the Committee within the time period prescribed by Performance-Based ExceptionCode Section 162(m).

Value/Performance Goals. The Committee shall set Performance Goals in its discretion which, depending on the extent to which they are met during a Performance Period, will determine the number or value of Performance Units that will be paid to the Grantee at the end of the Performance Period. Each Performance Unit shall have an initial or target value that is established by the Committee at the time of grant. The Except as provided an Award Agreement, (a) the Performance Goals for Awards of Performance Units may shall be set by the Committee at threshold, target and maximum performance levels with the number or value of the Performance Units payable directly correlated tied to the degree of attainment of the various performance levels during the Performance Period. Unless otherwise provided in an Award Agreement, (b) no payment shall be made with respect to a Performance Unit Award if the threshold performance level is not satisfied. If , and (c) if Performance Goals are attained between the threshold and target performance levels or between the target and maximum performance levels, the number or value of Performance Units under such Award shall be determined by linear interpolation, unless otherwise provided in an Award Agreement. With respect to Covered Employees and to the extent the Committee deems it appropriate to comply with the Qualified Performance-Based ExceptionAwards, all Performance Goals shall be based on objective Performance Measures satisfying the requirements for the Performance“performance-Based Exceptionbased compensation” within the meaning of Code Section 162(m), and shall be set by the Committee within the time period prescribed by Performance-Based ExceptionCode Section 162(m) and related regulations.