Performance Year definition

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

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Performance Year means one of the three calendar years in the Performance Period.

Performance Year means each twelve-month period of employment under this Agreement commencing upon the date of this Agreement.

Examples of Performance Year in a sentence

For the avoidance of doubt, only Members who have been continuously admitted as Members for the full duration of the applicable Performance Year shall participate in distributions or allocations related to that year.
As soon as practicable, but in any event within forty-five (45) calendar days following the commencement of each Performance Year to which such Budget relates, the Company shall submit to the Board for review and approval, a proposed Budget for the for the next such Performance Year, provided, however, the Budget for the 2026 Performance Year must be approved by the Board and each Member no later than March 31, 2026.
Notwithstanding anything to the contrary herein, Members admitted or withdrawing during a Performance Year shall have no right to receive any distribution attributable to such partial period unless otherwise agreed in writing by the Members.
The Company shall be required to prepare a consolidated budget and business plan for each Performance Year applicable to each CMS ACO Program in which CPC or PHP participates (each, the “Budget”).
If a Person is admitted as a Member after the commencement of a Performance Year, such Member shall not be entitled to any portion of the revenues, profits, or distributions attributable to that Performance Year; and, if a Member withdraws, is removed, or otherwise ceases to be a Member before the conclusion of a Performance Year, such Member shall forfeit any right to distributions or allocations of income for that year, in each case, except as may otherwise be Approved by the Members.

More Definitions of Performance Year

Performance Year or “PY” means the 12-month period beginning on January 1 of each year during the Model Performance Period, except in the case of Performance Year 2021, which began on April 1, 2021, and ended on December 31, 2021.

Performance Year means each calendar year.

Performance Year means the Company’s fiscal year.

Performance Year means each successive one-year periods beginning on January 1 of each year.

Performance Year means a designated fiscal year of the Company during which Company and individual performance will be measured and Participant services will be rendered for which an Award may be granted.

Performance Year means each fiscal year for the Company beginning on January 1 and ending December 31 of each year during the Performance Period, and a similar 12-month fiscal period for each Peer Company that occurs in each of Year 1, Year 2 and Year 3.

Performance Year means each consecutive twelve-month period commencing on January 1 of each year during the term of this Plan and coinciding with the Company’s fiscal year.