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Essentially, a Performance Contract is an agreement between a government and a public agency which establishes general goals for the agency, sets targets for measuring performance and provides incentives for achieving these targets.
A performance agreement is a method of establishing expectations and accountability for meeting a set standard of execution excellence -- and the consequences for not meeting them. Two or more parties agree on the actions the performer will execute and agree on the expected results from executing those actions.
A performance agreement is a method of establishing expectations and accountability for meeting a set standard of execution excellence -- and the consequences for not meeting them. Two or more parties agree on the actions the performer will execute and agree on the expected results from executing those actions.
A performance agreement is a type of contract between the University and an Artist or Speaker. An artist is any person or group that provides a performance or talent for an audience. An artist talent may be in music, theater, dance, film, and spoken word.
Performance agreements, like performance appraisal plans, define individual employee performance expectations and establish results-oriented goals.