Threshold Award definition

Threshold Award means the percentage of Base Annual Salary which may be paid based on the minimum acceptable Relative Performance during the Plan Year.

Threshold Award means an Award level that may be paid if the threshold level of the Performance Goal(s) is achieved in the Performance Year.

Threshold Award means a dollar amount or a percentage of Base Salary, as determined by the Committee for each Performance Period, which represents the payment that the Participant will earn if the threshold level of the Performance Measures is achieved, subject to Section 4(a).

Examples of Threshold Award in a sentence

• The SUA’s shall consist of a Threshold Award, a Target Award and an Exceptional Award.

• The SUA’s issuable under this Agreement shall consist of a Threshold Award, a Target Performance Award and an Exceptional Performance Award, each in the amounts set forth below, each such award issuable in one-third increments on the vesting dates set forth below, provided the respective performance objective (if applicable) is satisfied.

• The Determination Notice shall specify (i) the Performance Objective, as derived from the Company’s audited financial statements; and (ii) the extent, if any, to which the Performance Objectives were satisfied with respect to the Threshold Award, the Target Award and the Exceptional Award.

• The Threshold Award, The Target Award and the Exceptional Award are each awarded subject to attainment during the Performance Cycle described on Schedule A of the Performance Objectives set forth on Schedule A .

• The Company shall also establish, subject to the approval of the Committee, the Threshold Award, the Target Award and the Maximum Award payable to a Participant if the Performance Goal(s) is achieved.

More Definitions of Threshold Award

Threshold Award means the minimum award payable under the Plan to a Participant for the Performance Period (if earned), expressed as a percentage of Participant’s Base Salary (or any other measure of the Participant’s base salary determined by the Committee) or a specific dollar amount, as determined by the Committee in accordance with Section 6.

Threshold Award means the minimum amount of an Award to be paid to a Participant if certain threshold performance measures are satisfied pursuant to Section 3 of the Plan.

Threshold Award means the amount eligible to be paid under an Award if the threshold Performance Goal(s) is achieved in the Performance Year.

Threshold Award means the percentage of Base Annual Salary which corresponds to the minimum acceptable Relative Performance during the Plan Year.

Threshold Award means a dollar amount or a percentage of Base Salary, as determined by the Compensation Committee with respect to each Participant for each Performance Period, which represents the payment that the Participant will earn if the threshold level of the Participant’s Performance Factors is achieved.

Threshold Award means the amount payable for achieving [50%] of the Performance Goals for the Performance Period.

Threshold Award means the percentage of Base Annual Salary which may be paid to a Participant as an Award based on the minimum acceptable performance during the Plan Year.