Performance Corridor definition

Performance Corridor means the acceptable range of results around a Performance Target;
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Performance Corridor meanstheacceptablerangeof resultsarounda Performance Target;
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Performance Corridor means the acceptable range of results around a
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Examples of Performance Corridor in a sentence

  • For example, if the Negotiated Target is 0.7, the Performance Corridor would have a lower limit of 0.63 (0.7 * 90%) and an upper limit of 0.77 (0.7 * 110%).

  • The Performance Corridor is the upper control limit on the amount by which the Hospital’s readmission rate exceeds the expected rate.

  • If outside LHIN Target, a Performance Corridor of plus or minus 10% of the Negotiated Target would be applied.

  • INDICATOR CLASSIFICATION Monitoring PERFORMANCE STANDARD Performance Target: OH-negotiated target Performance Corridor: The corridor applied to locally negotiated performance targets for this indicator is 20% of target.

  • INDICATOR CLASSIFICATION Developmental PERFORMANCE STANDARD Performance Target: Not applicable Performance Corridor: Not applicable NUMERATOR CALCULATION Use statistic S407* Days Waited for Service Initiation in a functional centre – the total number of days (24 hour period) waited by individuals who have received their first service in the functional centre during the current fiscal year as per the OHRS definition.

  • In this Schedule E, the following terms have the following meanings: Indicator means a measure of HSP performance for which a Target is set; Performance Corridor means the acceptable range of results around a Target; Performance Standard means the range of performance that results when a Performance Corridor is applied to a Target; and Target means the level of performance expected of the HSP in respect of an Indicator.

  • The Cost Approach is particularly applicable when the property being appraised involves relatively new improvements, or when unique or specialized improvements are situated on the site for which there are no comparable properties in the market.

  • There is a pilot project that is utilizing funds set aside by the state legislature to promote the vanpool program. $5,775,000 for High Performance Corridor demo project (RMG) is a study in implementation; there are vehicles in that grant and regional mobility funds.

  • INDICATOR CLASSIFICATION Monitoring PERFORMANCE STANDARD Performance Target: OH-negotiated target Performance Corridor: The corridor applied to locally negotiated performance targets for this indicator is +/- 20% of target.


More Definitions of Performance Corridor

Performance Corridor means the calculated range of results respecting a Performance Target for a Performance Indicator based on the technical variance of the data and other contextual factors.
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Performance Corridor meanstheacceptablerangeof resultsarounda Performance Target.
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Related to Performance Corridor

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Goals means, for a Performance Period, the one or more goals established by the Board for the Performance Period based upon the Performance Criteria. Performance Goals may be based on a Company-wide basis, with respect to one or more business units, divisions, Affiliates, or business segments, and in either absolute terms or relative to the performance of one or more comparable companies or the performance of one or more relevant indices. Unless specified otherwise by the Board (i) in the Award Agreement at the time the Award is granted or (ii) in such other document setting forth the Performance Goals at the time the Performance Goals are established, the Board will appropriately make adjustments in the method of calculating the attainment of Performance Goals for a Performance Period as follows: (1) to exclude restructuring and/or other nonrecurring charges; (2) to exclude exchange rate effects; (3) to exclude the effects of changes to generally accepted accounting principles; (4) to exclude the effects of any statutory adjustments to corporate tax rates; (5) to exclude the effects of any “extraordinary items” as determined under generally accepted accounting principles; (6) to exclude the dilutive effects of acquisitions or joint ventures; (7) to assume that any business divested by the Company achieved performance objectives at targeted levels during the balance of a Performance Period following such divestiture; (8) to exclude the effect of any change in the outstanding shares of common stock of the Company by reason of any stock dividend or split, stock repurchase, reorganization, recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other similar corporate change, or any distributions to common stockholders other than regular cash dividends; (9) to exclude the effects of stock based compensation and the award of bonuses under the Company’s bonus plans; (10) to exclude costs incurred in connection with potential acquisitions or divestitures that are required to be expensed under generally accepted accounting principles; (11) to exclude the goodwill and intangible asset impairment charges that are required to be recorded under generally accepted accounting principles; (12) to exclude the effect of any other unusual, non-recurring gain or loss or other extraordinary item; and (13) to exclude the effects of the timing of acceptance for review and/or approval of submissions to the U.S. Food and Drug Administration or any other regulatory body. In addition, the Board retains the discretion to reduce or eliminate the compensation or economic benefit due upon attainment of Performance Goals and to define the manner of calculating the Performance Criteria it selects to use for such Performance Period. Partial achievement of the specified criteria may result in the payment or vesting corresponding to the degree of achievement as specified in the Stock Award Agreement or the written terms of a Performance Cash Award.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.