Target Performance definition

Target Performance means the Performance Goal achievement required for the targeted distribution with respect to a Performance Share, as set out in Appendix A. If Target Performance is achieved but not exceeded for all Performance Goals, the Unadjusted Share Distribution with respect to a Performance Share is one share of the Company’s voting common stock (“Share”).

Target Performance shall have the meaning set forth in Section 10(a) below.

Target Performance for purposes of this Agreement shall mean (i) the actual performance for each completed year under each applicable award, plus (ii) the "target" performance for the then current year under each applicable award;

Examples of Target Performance in a sentence

• The applicable Performance Goals, the weight given to each Performance Goal, and the Minimum Performance, Target Performance, and Maximum Performance are as set forth in Appendix A.

• If the Participant Terminates Service due to death during the Performance Period, the performance requirements with respect to the Participant’s RTSR Performance Units shall lapse and, on the date of such Termination of Service, the Participant’s Beneficiary shall be fully entitled to payment in Shares with respect to such Performance Units, determined as if Target Performance had been achieved and the Performance Period ended on the date of the Participant’s death.

• If the Participant Terminates Service due to death during the Performance Period, the performance requirements with respect to the Participant’s ROATCE Performance Units shall lapse and, on the date of such Termination of Service, the Participant’s Beneficiary shall be fully entitled to payment in Shares with respect to such Performance Units, determined as if Target Performance had been achieved and the Performance Period ended on the date of the Participant’s death.

• Performance Indicator Definition and formula for calculating actual performance Frequency of Measurement Payment Performance Level Target Performance Level Trigger Level SL1 Attachments Delivery against the required monthly volume of output for each of the following elements: 1.

More Definitions of Target Performance

Target Performance means the Company has achieved Total Shareholder Return of ten percent (10%).

Target Performance means, with respect to any unvested Titanium OP Incentive Unit that is subject to performance-based vesting and any unvested Titanium PSU Award, the target performance metric (i.e., 1x) applicable to each individual performance metric set forth in the applicable Titanium Equity Award agreement.

Target Performance is achievement at the 50th percentile of the Performance Measures compared to the Peer Group.

Target Performance means the Performance Goal achievement required for earning 100% of the Target RTSR Performance Units set forth in Section 3 of this Award Agreement, as such Performance Goal achievement is further described in Appendix A and designated as “Target” in the relevant table in Appendix A.

Target Performance is the expected achievement in Average Return on Invested Capital; and “Maximum Performance” is the maximum level of performance that could be achieved that would result in an increase in the number of Performance Share Units earned under this Award. The target levels of achievement for the performance goal will be announced by no later than March 15, 2013, following calculation of year-end financial reporting for 2012. Subject to adjustment pursuant to Subsection 3(b), 3(c) and 3(d), each such percentage correlates to a number of Performance Share Units that may be earned under this Award, as follows: Level Achieved During Performance Period Resulting Payout Percentage Earned Threshold Performance 60% of Target Award Target Performance 100% of Target Award Maximum Performance 200% of Target Award

Target Performance means the expected Ranking for the applicable Performance Cycle.

Target Performance is a Relative TSR Percentile Rank of the Company equal to 50.00% (i.e. at median of the comparison group). “Second Quartile Performance” is a Relative TSR Percentile Rank of the Company equal to 75.00% (i.e. equal to the top of the second quartile of the performance group). And, “Maximum Performance” is a Relative TSR Percentile Rank of the Company equal to 100% (i.e. the highest performing entity in the comparison group). Subject to adjustment pursuant to Subsection 3(c), 3(d), 3(e) and 3(f), each such percentage correlates to a number of Performance Share Units that may be earned under this Award, as follows: Relative Total Shareholder Return Resulting Payout Percentage Earned Threshold Performance 50% of Target Award Target Performance 100% of Target Award Second Quartile Performance 150% of Target Award Maximum Performance 200% of Target Award