Payment Opportunity definition

Payment Opportunity means the amount determined pursuant to any bonus formula established by the Committee for an Executive Officer for a given Performance Period pursuant to Section 12.3 of the Plan, taking into account the actual achievement of the relevant Performance Targets and the Executive Officer's Base Salary Factor.
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Payment Opportunity means the amount determined pursuant to any bonus formula established by the Committee for a Participant for a given Performance Period pursuant to Section 13 of the Plan, taking into account the actual achievement of the relevant Performance Targets and the Participant’s Base Salary Factor.
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Payment Opportunity means the amount determined pursuant to any bonus formula set forth in any Award granted under the Plan.
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Examples of Payment Opportunity in a sentence

  • Threshold Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 50% Payment Opportunity and for the payment of any Award at the conclusion of a Performance Period.

  • Maximum Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 200% Payment Opportunity.

  • Target Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 100% Payment Opportunity.

  • In the event of a Change of Control, the Award granted hereunder shall be deemed to have been earned in full at the Target Payment Opportunity set forth in paragraph 2(e) above and shall be immediately payable to the Participant in a lump sum in cash.

  • Target Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a [ %] Payment Opportunity.

  • Threshold Performance --------------------- means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 50% Payment Opportunity and for the payment of any Award at the conclusion of a Performance Period.

  • Maximum Performance means ------------------- the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 150% Payment Opportunity.

  • In the ---------------------------------------------- event of a Change of Control, the Award granted hereunder shall be deemed to have been earned in full at the Target Payment Opportunity set forth in paragraph 2(e) above and shall be immediately payable to the Participant in a lump sum in cash.

  • Maximum Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a [ %] Payment Opportunity.

  • Target Performance means the ------------------- Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 100% Payment Opportunity.

Related to Payment Opportunity

  • Equal Employment Opportunity For any federally assisted construction contract, as defined in 41 CFR 60-1.3, the contractor, subcontractor, subrecipient shall follow all of the requirements of the Equal Opportunity Clause as stated in 41 CFR 60-1.4.

  • EEOC means the United States Equal Employment Opportunity Commission.

  • Energy Market Opportunity Cost means the difference between (a) the forecasted cost to operate a specific generating unit when the unit only has a limited number of available run hours due to limitations imposed on the unit by Applicable Laws and Regulations, and (b) the forecasted future Locational Marginal Price at which the generating unit could run while not violating such limitations. Energy Market Opportunity Cost therefore is the value associated with a specific generating unit’s lost opportunity to produce energy during a higher valued period of time occurring within the same compliance period, which compliance period is determined by the applicable regulatory authority and is reflected in the rules set forth in PJM Manual 15. Energy Market Opportunity Costs shall be limited to those resources which are specifically delineated in Operating Agreement, Schedule 2.

  • NLRB means the United States National Labor Relations Board.

  • Government Agency means any governmental, semi-governmental, administrative, fiscal, judicial or quasi-judicial body, department, commission, authority, tribunal, agency or entity.