Other Performance Goals definition
Other Performance Goals means one or more targeted levels of performance for a fiscal year addressing aspects of a Participant’s individual job performance or the performance of any Business Unit for which the Participant is responsible or to which the Participant contributes, as determined and established by the Committee in its discretion. Other Performance Goals may be either objectively or subjectively determinable. The portion of any cash bonus paid under the Plan based on achievement of Other Performance Goals will not constitute “performance-based compensation” within the meaning of Section 162(m).
Other Performance Goals means any goals (other than Earnings) to measure corporate, group, subsidiary, division, unit and/or individual performance for a Plan Year. Other Performance Goals may vary from Participant to Participant and Plan Year to Plan Year.
Examples of Other Performance Goals in a sentence
If the Committee does reduce the Actual Award on account of the degree of achievement of applicable Other Performance Goals, you will be awarded a portion (or none) of the shares of Stock subject to the Maximum Award; provided, however, that (i) if a specified level of Performance Goals is not achieved during the Performance Period, you will not receive any shares of Stock, and (ii) the maximum number of shares of Stock that you may receive as an Actual Award will in no event exceed the Maximum Award.