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December 14 2001 Railtrack fined £7.9m for failing to meet performance targets.
Insufficent funding and misplaced priorities mean services are being sidelined in the dash to meet performance targets.
Schools that did not meet performance targets for two years were labeled as needing improvement and subjected to sanctions.
But he will have to meet performance targets in order to collect the full amount, and the value of the shares could go up or down.
During the shakeup in Islington, the council also found that Kier, its home repairs provider, had failed to meet performance targets.
But they are now saying it is impossible to provide the right quality of service and meet performance targets on the funding available.
Similar(24)
Critics say that could prevent Airbus from meeting performance targets it promised its customers.
The rebels were angered by proposed bonuses for senior executives, even though they had not met performance targets.
The remainder of the employees' bonuses will be paid in March and will be based on Coca-Cola and individuals meeting performance targets, the company said.
Fiat's deal with the United States, worked out when Chrysler was in bankruptcy, gives Fiat the right to raise its stake to 51 percent, subject to meeting performance targets.
It is often dependent on the share price and the final payout often depends on meeting performance targets attached to each separate award of shares through the long-term incentive plans (Ltips).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com