Performance-Based Compensation Contract Clauses (44)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Performance-Based Compensation clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Performance-Based Compensation. If you are a Covered Employee, it is intended that all payments under this Annual Performance Award constitute "qualified performance-based compensation" within the meaning Section 162(m) of the Code and the Plan. This Annual Performance Award is to be construed and administered in a manner consistent with such intent.
Found in Toro Company contract
Performance-Based Compensation. If you are a Covered Employee, it is intended that all payments under this Annual Performance Share Award constitute "qualified performance-based compensation" within the meaning Section 162(m) of the Code and the Plan. This Annual Performance Share Award is to be construed and administered in a manner consistent with such intent.
Found in Toro Company contract
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Performance-Based Compensation. If the Compensation is "performance-based compensation based on services performed over a period of at least 12 months" (within the meaning of Section 409A(a)(4)(B)(iii) of the Code)), the election period must end at least six months before the end of the performance period.
Found in Altus Midstream Co contract
Performance-Based Compensation. If the Compensation is "performance-based compensation based on services performed over a period of at least 12 months" (within the meaning of Section 409A(a)(4)(B)(iii) of the Code)), Code ยง409A(a)(4)(B)(iii)), the election period must end at least six months before the end of the performance period.
Found in Apache Corporation contract
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