Performance-Based Cash Award definition

Performance-Based Cash Award means a cash Award under Article XI of this Plan that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.

Performance-Based Cash Award means a right granted to a Participant under Article 9 to a cash award to be paid upon achievement of such performance goals as the Committee establishes with regard to such Award.

Performance-Based Cash Award means an award that is paid in the form of cash based on the attainment of Performance Goals as described in Section 9.

Examples of Performance-Based Cash Award in a sentence

• The grant of a Performance-Based Cash Award to a Participant will entitle the Participant to receive at a specified later time a specified dollar value in cash variable under conditions specified in the Award, if the performance goals in the Award are achieved and the other terms and conditions thereof are satisfied.

• At the expiration of the applicable Performance Period, the Committee shall determine and certify in writing the extent to which the performance goals established pursuant to Section 9.2(c) are achieved and, if applicable, the percentage of the Performance-Based Cash Award that has been vested and earned.

• Any Performance-Based Cash Award deferred by a Participant in accordance with the terms and conditions established by the Committee shall not increase (between the date on which the Performance-Based Cash Award is credited to any deferred compensation program applicable to such Participant and the payment date) by an amount that would result in such deferral being deemed as an “increase in the amount of compensation” under Section 162(m).

• In the event of the Participant’s Disability or death, or in cases of special circumstances (to the extent permitted under Section 162(m) with regard to a Performance-Based Cash Award that is intended to comply with Section 162(m)), the Committee may waive in whole or in part any or all of the limitations imposed thereunder with respect to any or all of a Performance-Based Cash Award.

• Notwithstanding the foregoing, the Committee may exercise negative discretion by providing in a Performance-Based Cash Award the discretion to pay an amount less than otherwise would be provided under the applicable level of attainment of the performance goals.

More Definitions of Performance-Based Cash Award

Performance-Based Cash Award. ’ shall mean a cash Award under Article XI that is payable or otherwise based on the attainment of certain pre-established Performance Goals during a Performance Period.

Performance-Based Cash Award means a cash Award pursuant to Section 10 that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.

Performance-Based Cash Award means any award made to an employee of the Company or an Affiliate that vests on the achievement of specific performance criteria and is denominated and payable in cash.

Performance-Based Cash Award means a cash Award under

Performance-Based Cash Award means a Cash Award that the Compensation Committee intends and designates to be "performance-based compensation" for the purposes of Section 162(m).

Performance-Based Cash Award means a Cash Award that the Compensation Committee intends to be subject to achievement of Performance Criteria.

Performance-Based Cash Award means a cash award granted to a Participant under Section 10.2 to be paid upon achievement of such performance goals as the Committee establishes with regard to such Award. Grants of such Performance-Based Cash Awards may be made in accordance with the terms, conditions and parameters of a sub-plan, if any, as in effect from time to time.