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How is Tiering defined in a legal contract?

• Tiering means the process of assessing an action or activity at various stages in the development process when a proposal or event is ripe for an environmental assessment or review. Seen in 24 SEC filings
• Tiering means the coverage of general matters and environmental effects in an environmental impact report prepared for a policy, plan, program or ordinance, followed by narrower or site-specific environmental impact reports which incorporate the discussion from any previous environmental impact report and which focus on the environmental effects that are either capable of being mitigated, or were not analysed as significant effects on the environment in the prior environmental impact report. Seen in 7 SEC filings
• Tiering means the system of designating teams in [set categories] as administered by an unidentified body. Seen in 6 SEC filings
• Tiering means the tailoring of regulatory requirements to fit the specific circumstances surrounding regulated entities. Seen in 5 SEC filings
• Tiering means a process of placing one load on or above another load. Seen in 4 SEC filings
• Tiering means the coverage of general matters in a broad Environmental Impact Statement (EIS), followed by subsequent narrower statements or environmental analyses which incorporate by reference the general discussion from the EIS. Seen in 4 SEC filings
• Tiering means the tailoring of regulatory requirements to fit specific and particular circumstances. Seen in 3 SEC filings
• Tiering means a rate, rank, tier, or classification system that compares, providers' performance, quality of care, or cost of care against objective standards or against the practice or performance of other health care providers. Tiering also includes quality improvement programs, pay-for-performance programs, public reporting on health care provider performance or ratings, and the use of tiered or narrowed networks. Seen in 3 SEC filings

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Tiering means the process of assessing or tailoring components at various stages based on set criteria.

Relevant Contract Types

• Service Level Agreements
• Licensing Agreements
• Supply Agreements
• Vendor Agreements

Relevant Circumstances

• When drafting project management contracts.
• When outlining standards of performance or quality in a service agreement.
• In creating fair play rules or standards in sporting contracts.

Relevant Sectors

• Information Technology
• Supply Chain Management
• Sports

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Genie Definition 2

• Tiering means the system of classifying entities or strategies based on performance, quality or cost against objective standards.

Relevant Contract Types

• Reward Programs
• Employee Performance Contracts
• Management Agreements

Relevant Circumstances

• When drafting a tiered rewards or loyalty program agreement.
• When benchmarking employee performance within employment contracts.
• In contracts involving reporting on the performance of an organization or project.

Relevant Sectors

• Retail
• Human Resources
• Construction

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