Examples of Maximum Performance Level in a sentence
Maximum Performance Level The level of performance that results in Maximum Payout for a metric.
The cash dividends shall accrue without interest and all or a portion of the accrued dividends shall vest and be paid in cash at the time any PSUs vest, calculated by multiplying (i) the total accrued cash dividends by (ii) a fraction, the numerator of which is the number of PSUs that vest and the denominator of which is the maximum number of PSUs that could vest if the Maximum Performance Level is attained for all Performance Metrics.
Metric attainment shall be expressed as both XXXXX’x EPS Compounded Annual Growth Rate (for the purposes of Performance Share vesting) and absolute value (for the purposes of the KEEPs award determination.) Maximum (Performance Level) See Performance Level.
If the performance standard achieved with respect to a particular Performance Objective is between the Threshold Performance Level and the Target Performance Level or between the Target Performance Level and the Maximum Performance Level, the applicable Performance Unit Value for the Performance Objective shall be determined by interpolation.
In establishing Performance Levels, the Minimum Performance Level will represent less than desired performance, the Target Performance Level will represent superior, professional performance under existing circumstances rather than ordinary performance, and the Maximum Performance Level will represent distinguished performance expected to be achieved only rarely, e.g., something on the order of two out of ten times.
In addition, the Plan shall stipulate for each participant a Target Award Opportunity as well as a Threshold Performance Level and Maximum Performance Level associated with each Performance Goal established for the Plan Year.
For each Performance Objective that the Committee establishes under a Performance Award, the Committee shall specify three Performance Standards which shall be referred to as the Threshold Performance Level, the Target Performance Level and the Maximum Performance Level.
If the Company achieves the Maximum Performance Level (or higher) during the Performance Period, the value of a Participant's Stock Award for that Performance Period shall be determined by multiplying his Maximum Incentive Percentage by his average Annual Base Salary during that Performance Period.
The Administrator, in its sole discretion, shall determine whether and to what extent Shares may be awarded if achievement of the XXX performance goal is above the Maximum Performance Level or below the Threshold Performance Level.
The PSUs Vesting Percentage for attainment of a Performance Level between the Threshold Performance Level and the Maximum Performance Level will be linearly interpolated.