"Performance hurdles" refers to specific goals or targets that someone or something needs to achieve in order to prove its capability or success. It signifies the challenges or obstacles that need to be overcome in order to meet a certain standard or level of performance.
Full definition
Although those shares would have a monetary value, the CEO would not «own» them unless he met
future performance hurdles, perhaps four to five years from now.
Treasury Wine Estates is seeking shareholder approval to grant chief executive Michael Clarke rights to acquire up to 764,000 shares at no cost if the winemaker
meets performance hurdles.
Fund managers charge a fixed management fee, typically 1 - 2 % each year, as well as a performance fee (often referred to as «carried interest») that applies once
pre-determined performance hurdles are met.
Fund Escrows Out - of - Pocket Escrowed relinquished proceeds eligible for release
when performance hurdles are met can trigger tax if the release occurs after the replacement property closes.
The graduation rate is included in calculations by the federal government to determine if a high school, district or the state clears
the performance hurdle set under the No Child Left Behind law, the sweeping education reform that imposes increasingly severe penalties for coming up short.
However the nature of the protection varies and some products have clauses and
performance hurdles that may even lead to the loss of your capital.
Can contain clauses and
performance hurdles that limit the protection.
If the CEO doesn't meet
those performance hurdles, however, he loses those shares.