Threshold EPS definition

Threshold EPS means the EPS Target, less $0.15. 2009 METHOD OF BONUS PAYMENT Bonuses will be paid in cash up to a maximum bonus pool equal to 100% of Plan participantsbonus targets. Bonuses will be paid in restricted stock or restricted stock units to the extent the bonus pool exceeds 100% of Plan participants’ bonus targets. Such restricted stock or restricted stock units will provide for cliff vesting two years from the award effective date. Any payment in the form of restricted stock or restricted stock units will be issued under the Company’s 2008 Incentive Award Plan. Upon a recipient’s death or Total Disability (as defined below), or upon a recipient’s Normal Retirement Eligibility Date (as defined below), all of the restrictions imposed on the recipient’s restricted stock or restricted stock units shall lapse. Total Disability shall be defined as the inability of a recipient, by reason of mental or physical illness or accident, to perform any and every duty of the occupation at which such recipient was employed when such disability commenced, which disability is expected to continue for a period of at least 12 months. A recipient’s Normal Retirement Eligibility Date shall be defined as the date on which the recipient has (i) attained age 55 and (ii) been employed by the Company for a minimum of 5 years. 2 2009 PERFORMANCE OBJECTIVES ALLERGAN, INC. EXHIBIT A TO 2009 PERFORMANCE OBJECTIVES – CEO AND PRESIDENT 2009 ADJUSTED EPS, 2009 REVENUE GROWTH AND 2009 R&D REINVESTMENT RATE PERFORMANCE
Threshold EPS means the pro forma earnings per share amount for the Company for the Plan Year established by the Compensation Committee for purposes of the Plan, calculated in the same fashion as Pre-Bonus EPS, that must be achieved for the LIP Awards to be equal to the Threshold Awards, disregarding any adjustment in respect of Individual Performance Components.
Threshold EPS means the EPS Target, less $0.201.METHOD OF BONUS PAYMENT

Examples of Threshold EPS in a sentence

  • For sake of clarity, if the Company’s performance exceeds any of the targets for Net Sales Growth and/or R&D Reinvestment Rate, but actual Adjusted EPS does not exceed the Threshold EPS, no bonus will be payable.

  • Less than Threshold EPS % Exactly equal to Threshold EPS % Greater than Threshold EPS but less than Goal EPS Determined by multiplying the “Incremental Percentage” shown in Table 1 by the number of cents by which EPS exceeds Threshold EPS and adding the result (rounded to the nearest whole percentage) to % Exactly equal to or greater than Goal EPS % Note that the maximum Corporate Performance Factor if Goal EPS is not achieved is %.

  • In no event, however, will the CEO or President be eligible to receive all or any portion of such bonus if the Company’s Adjusted EPS does not exceed the Threshold EPS.

  • Incentive EPS Award PoolIn order for any Awards to be payable to eligible Officers, the Company must achieve the Threshold EPS level set forth in Table 1 of Attachment A.

  • The Corporate Performance Factor for a particular Fiscal Year and for a particular Test is a percentage based on EPS (or cumulative EPS) relative to the applicable Threshold EPS and Goal EPS.


More Definitions of Threshold EPS

Threshold EPS means the EPS Target, less $0.425.METHOD OF BONUS PAYMENT
Threshold EPS means the EPS Target, less $0.15. 2010 METHOD OF BONUS PAYMENT Bonuses will be paid in cash up to a maximum bonus pool equal to 100% of Plan participantsbonus targets. Bonuses will be paid in restricted stock or restricted stock units to the extent the bonus pool exceeds 100% of Plan participants’ bonus targets. Such restricted stock or restricted stock units will provide for cliff vesting two years from the award effective date. Any payment in the form of restricted stock or restricted stock units will be issued under the Company’s 2008 Incentive Award Plan. Subject to the terms of the 2008 Incentive Award Plan, upon a recipient’s death or Total Disability (as defined below), or upon a recipient’s Normal Retirement Eligibility Date (as defined below), all of the restrictions imposed on the recipient’s restricted stock or restricted stock units shall lapse. For purposes of the foregoing, (i) “Total Disability” has the meaning set forth in Section 22(e)(3) of the Internal Revenue Code (generally defined as the inability of a recipient, by reason of mental or physical illness, to perform any substantial gainful activity, which disability is expected to result in death or continue for a period of at least 12 months) and (ii) a recipient’s “Normal Retirement Eligibility Date” means the date on which the recipient has (a) attained age 55 and (b) been employed by the Company for a minimum of 5 years. EXHIBIT A TO 2010 PERFORMANCE OBJECTIVESCEO AND PRESIDENT 2010 ADJUSTED EPS, 2010 REVENUE GROWTH AND 2010 R&D REINVESTMENT RATE PERFORMANCE
Threshold EPS means the EPS Target, less $0.15. 2007 METHOD OF BONUS PAYMENT
Threshold EPS shall be based on a compounded annual growth rate of 7.5% calculated on Base EPS (and rounded to the nearest cent). For fiscal year 1999 it shall be determined by multiplying Base EPS by 1.075. For each succeeding fiscal year it shall be determined by multiplying the previous fiscal year's Threshold EPS by 1.075.
Threshold EPS means the cumulative Considered EPS for the Performance Period as determined by the Committee assuming no growth over the Considered EPS for the Fiscal Year immediately preceding the Performance Period.
Threshold EPS means the EPS Target, less $0.228.METHOD OF BONUS PAYMENT
Threshold EPS means the EPS Target, less $0.263.METHOD OF BONUS PAYMENT