Threshold Performance Level definition

Threshold Performance Level means the level of achievement of the Performance Goals within the Performance Criteria below which no awards may be paid to a Participant.

Threshold Performance Level means in respect of a Term the level of achievement of the performance measures established pursuant to Section 6(a) which would result in the minimum number of Performance Stock Units granted to a Participant to mature; and

Threshold Performance Level means the least stringent Performance Standard established by the Committee with respect to a Performance Award.

Examples of Threshold Performance Level in a sentence

• Your bonus may be up to the following amounts:Sixty percent (60%) will be based on Company financial performance and forty percent (40%) will be based on individual performance objectives, provided that the Company must exceed the Threshold Performance Level for a bonus to be payable under the Bonus Plan.

• Target Payout is calculated by multiplying Annual Salary by an agreed upon percentage as indicated in the Executive Compensation Plan Summary Threshold (Performance Level) See Performance Level.

• Threshold Performance Level The level of performance for a metric below which no payout is earned or paid.

• If the Threshold Performance Level is attained, a Participant will earn 25% of their Target Bonus as it relates to that portion of their Performance Award.

• If the performance standard achieved with respect to a particular Performance Objective is between the Threshold Performance Level and the Target Performance Level or between the Target Performance Level and the Maximum Performance Level, the applicable Performance Unit Value for the Performance Objective shall be determined by interpolation.

More Definitions of Threshold Performance Level

Threshold Performance Level means the minimum level of acceptable performance for which incentive awards will be earned for any of the established performance objectives or measures.

Threshold Performance Level means the targeted percentage, established by the Committee pursuant to Section 5.1(b), by which Net Income for the applicable Fiscal Year is to exceed Net Income for the immediately preceding Fiscal Year for purposes of computing any Performance Award for such applicable Fiscal Year under Section 5.1(c).

Threshold Performance Level means 75% of the Target Performance Level.

Threshold Performance Level means such percentage of ROA as may, from time to time and at any time, be established by the Executive Committee pursuant to section 4.

Threshold Performance Level means that Performance Level as described in Section 4.3.

Threshold Performance Level means the minimum performance goal that will entitle the Executive to an Incentive Bonus for any year, as set forth in Section 6(c)(i) hereof; provided, however, that the Threshold Performance Level will not exceed 95% of the Target Performance Level.

Threshold Performance Level means the attainment of 50% of the Performance Level set by the Committee.