Performance Contributions definition

Performance Contributions means the actual performance and achievements determined based on Remuneration parameters, of an employee or organisational unit, or the overall performance of an institution, which are used to determine the amount of Variable Remuneration. Performance Contributions can be also negative (for example Breach of Duty or Unconscionable Conduct).
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Performance Contributions means the actual performance and achievements determined based on Remuneration parameters, of an employee or organisational unit, or the overall performance of an institution, which are used to determine
Sample 1
Performance Contributions means the actual performance and achievements determined on the basis of Remuneration parameters, of a staff member or organisational unit, or the overall performance
Sample 1

Examples of Performance Contributions in a sentence

  • The reduction shall not be compensated by positive Performance Contributions.

  • There should not be any significant contractual severance entitlements which are not diminished by individual Negative Performance Contributions.

  • There should not be any significant contractual severance entitlements which are not diminished by individual negative Performance Contributions.

  • Negative Performance Contributions shall result in a reduction (down to 0) of deferred parts of the Variable Remuneration.

  • There should not be any significant contractual severance entitlements, which are not diminished by individual Negative Performance Contributions.

  • There should not be any significant contractual severance entitlements, which are not diminished by individual negative Performance Contributions.

  • Negative Performance Contributions, Breach of Duty and Unconscionable Conduct shall lead to a reduction of Variable Remuneration (down to 0).

  • Family Education Improves Student’s Academic Performance: Contributions from European Research.

  • Negative Performance Contributions resulting from unethical behaviour or misconduct shall not be compensated by positive performance contributions and must result in a reduction of Variable Remuneration (down to 0).

  • The Variable Remuneration shall take into account the overall performance of the Company, the performance of the areas of responsibility and individual Performance Contributions.


More Definitions of Performance Contributions

Performance Contributions means the actual achievements and performance, as determined on the basis of the remuneration parameters, of senior managers, employees and the institution’s internal organisational units, which are used in determining the amount of variable remuneration components. Performance contributions may be positive or negative;
Sample 1

Related to Performance Contributions

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Accumulated contributions means the sum of all

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Member contributions means all amounts paid to ASRS by a member.

  • Plan Year means the calendar year.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.