Performance Related Remuneration definition

Performance Related Remuneration means any element of the Participant’s remuneration (for the avoidance of doubt, payable in cash or shares and including, for the avoidance of doubt, any Award) where the payment, or the extent of the payment, of that remuneration is determined, at least in part, by reference to a Relevant Performance Condition.11
Performance Related Remuneration means any element of the Participant’s remuneration (payable in cash or shares and including any Vested Matching Shares paid or payable under the Plan) where the payment, or the extent of the payment, of that remuneration is determined, at least in part, by reference to a Relevant Performance Condition. 11
Performance Related Remuneration means the payment which an employee shall be paid by his employer in terms of clause 11 of this Agreement, but shall exclude all gratuities given to an employee;

Examples of Performance Related Remuneration in a sentence

  • Proportion of Performance Related Remuneration Percentage of TargetSTI ReceivedPercentage of Remuneration Performance Related1EXECUTIVE KEY MANAGEMENT PERSONNELSusan Reisbord2020100%32.9% 2019--Peter Barker2020100%42.3% 201980%40.5%Ian Ball2020-- 2019100%51.7%1 Calculated based on STI cash, other cash bonuses and share based payments as a percentage of total remuneration.

  • E.3 Evaluation of Governance Disclosures Principle When evaluating companies’ governance arrangements, particularly those relating to board structure and composition, institutional investors should give due weight to all relevant factors drawn to their attention.Schedule A: Provisions on the Design of Performance Related Remuneration.

  • The committee remains mindful ofthe Best Practice Provisions on the Design of Performance Related Remuneration under Schedule A of the Combined Code.

  • Proportion of Performance Related Remuneration Percentage of TargetSTI Received1Percentage of Remuneration Performance Related2EXECUTIVE KEY MANAGEMENT PERSONNELN Buch2017-- 2016--P Barker2017100%38.7% 201650%17.2%FORMER EXECUTIVE KEY MANAGEMENT PERSONNELR Wankmuller2017--201633%28.6%1 Calculated based on STI as a percentage of pro-rata target for 2016.2 Calculated based on STI cash, other cash bonuses and share based payments as a percentage of total remuneration.


More Definitions of Performance Related Remuneration

Performance Related Remuneration means any element of the Participant’s remuneration (payable in cash or shares and including, for the avoidance of doubt, any Bonus Share Award or Bonus Share Right paid or payable under this Program) where the payment, or the extent of the payment, of that remuneration is determined, at least in part, by reference to a Relevant Performance Condition.19

Related to Performance Related Remuneration

  • 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 Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Performance Corridor means the acceptable range of results around a Performance Target;

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

  • Performance Standard means the acceptable range of performance for a Performance Indicator or a Service Volume that results when a Performance Corridor is applied to a Performance Target;

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

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

  • Performance audit means an objective and systematic assessment of a state agency or agencies or any of their programs, functions, or activities by the state auditor or designee in order to help improve agency efficiency, effectiveness, and accountability. Performance audits include economy and efficiency audits and program audits.

  • Performance evaluation means evaluation of work and program participation as well as other areas of behavior.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • 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 Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Performance References has the meaning set forth for such term in the definition of Derivative Instrument.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • 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.

  • Service Payment has the meaning given to it in clause 9.1;

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Service Year means fiscal year, except that:

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

  • Performance Condition means any performance condition imposed under rule 4.1 (Performance Conditions);

  • Payment Initiation Service Provider or “PISP” means an authorised third party provider which provides a service that allows that third party to pass payment instructions to us on your behalf in relation to your Account.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.