Qualified Performance-Based Compensation definition

Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.
Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Internal Revenue Code.
Qualified Performance-Based Compensation means any Annual Performance Bonus, Long Term Performance Award or Performance Units to a Key Employee that is intended to satisfy the requirements forqualified performance-based compensation” under Section 162(m) of the Code.

Examples of Qualified Performance-Based Compensation in a sentence

  • The purpose of this Article 9 is to provide the Committee the ability to qualify Awards other than Options and SARs and that are granted pursuant to Articles 6 and 8 as Qualified Performance-Based Compensation.

  • Any adjustment affecting an Award intended as Qualified Performance-Based Compensation shall be made consistent with the requirements of Section 162(m) of the Code.

  • The purpose of this Article 9 is to provide the Committee the ability to qualify Awards other than Options and SARs and that are granted pursuant to Articles 6 and 8 hereof as Qualified Performance-Based Compensation.

  • The purpose of this Article 9 is to provide the Administrator the ability to qualify Awards other than Options and SARs and that are granted pursuant to Articles 6 and 8 as Qualified Performance-Based Compensation.

  • The purpose of this Article 9 is to provide the Administrator the ability to qualify Awards other than Options and Stock Appreciation Rights and that are granted pursuant to Articles 6 and 8 as Qualified Performance-Based Compensation.


More Definitions of Qualified Performance-Based Compensation

Qualified Performance-Based Compensation means any compensation awarded in accordance with Article IX that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m) of the Code.
Qualified Performance-Based Compensation means compensation that is intended to qualify as “performance-based compensation” under Section 162(m).
Qualified Performance-Based Compensation means an Award that is intended to constitute “qualified performance-based compensation” within the meaning of Section 162(m) of the Code.
Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code and which is subject to the terms and conditions set forth in Article 9.
Qualified Performance-Based Compensation means qualified performance-based compensation as defined in Treasury Regulation §1.162-27(e) or any successor thereto.
Qualified Performance-Based Compensation has the meaning given such term under Section 162(m) of the Code and the regulations promulgated thereunder.
Qualified Performance-Based Compensation has the meaning given to it by the regulations promulgated under Section 162(m) of the Code.