Annual Performance Measures definition

Annual Performance Measures means the performance criteria used by the Committee in determining the performance of the Company for the purpose of calculating Actual Awards for Participants earned under the Plan during a Performance Period.
View Source
Annual Performance Measures shall be the following objective measures of the Executive's performance in the 12-month period ending on each of March 1, 2003, 2004, 2005 and 2006:
View Source
Annual Performance Measures means for each Participant the relevant performance measures under the Annual Plan as set by the Board in accordance with Sections 2.3 and 3.1.
View Source

Examples of Annual Performance Measures in a sentence

  • The Target Award will be awarded to the Participant if, in the judgement of the Committee, all applicable Annual Performance Measures have been fully met.

  • The award schedule may be modified by the Committee from year to year as Annual Performance Measures or the standards of performance associated with such measures change.

  • The research function will also be expected, when directed by the Project Officer, to support DES-DOT Division-wide research and performance management initiatives, such as but not limited to, The Division of Transportation's Annual Performance Measures Report, or analysis of regional surveys or regional survey oversamples taken to benefit Arlington (State of the Commute is an example of the former, Household Travel Survey an example of the latter).

  • It is expected that the Annual Performance Measures generally will be tied to the financial performance of the Company and will be based on a combination of (i) the Company's performance in relation to its own performance standards and (ii) the Company's performance in relation to that of its Peer Group.

  • Before February 28 of each such calendar year, the Performance Measures containing threshold, target or maximum performance criteria shall be set by the Compensation Committee of the Board (the "Compensation Committee"), but only after consultation with me in advance (the "Annual Performance Measures").

  • The Annual Performance Measures Report is due by January 31 of each year.

  • Notwithstanding the foregoing, if Southwest Gas Corporation's Chief Executive Officer (hereinafter the "CEO") or Chief Financial Officer (hereinafter the "CFO") are Participants, the Committee may consider the performance of PriMerit Bank during a Performance Period when examining the Annual Performance Measures and determining the Actual Award for the CEO and/or CFO for the period.

  • The Operator will evaluate the Program using the Annual Performance Measures and Performance Goals set forth in Table 1, below.

  • In addition to the Annual Performance Measures, each Participant will be expected to meet individual performance goals.