Common use of Average ROIC Clause in Contracts

Average ROIC. Up to <XX>% of the Performance Share Target Award may be earned upon achievement of the Average ROIC target for the Performance Period, in accordance with the following schedule. The Committee will certify Average ROIC and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Below Threshold: Below % 0% Threshold: % % Target: % % Maximum: % or above % The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as set forth on Schedule A.

Appears in 4 contracts

Sources: Equity Award Terms and Conditions Agreement (Home Depot, Inc.), Equity Award Agreement (Home Depot Inc), Equity Award Agreement (Home Depot Inc)

Average ROIC. Up to <XX>% of the Performance Share Target Award may be earned upon achievement of the Average ROIC target for the Performance Period, in accordance with the following schedule. The Committee will certify Average ROIC and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Below Threshold: Below % 0% Threshold: % % Target: % % Maximum: % or above % The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as an example of which is set forth on Schedule A.

Appears in 2 contracts

Sources: Equity Award Terms and Conditions Agreement (Home Depot, Inc.), Equity Award Terms and Conditions Agreement (Home Depot, Inc.)

Average ROIC. Up to <XX>% of the Performance Share Target Award may be earned upon achievement of the Average ROIC target for the Performance Period, in accordance with the following schedule. The Committee will certify Average ROIC and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Below Threshold: Below % 0% Threshold: % % Target: % % Maximum: % or above % The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as set forth on Schedule A.

Appears in 1 contract

Sources: Equity Award Terms and Conditions Agreement (Home Depot Inc)

Average ROIC. Up to <XX>% [XXX%] of the Performance Share Target Award may be earned upon achievement of the Average ROIC target for the Performance Period, in accordance with the following schedule. The Committee will certify Average ROIC and vest any earned Performance Shares as soon as administratively practical, but not later than the 90th day following the end of the Performance Period. Below Threshold: Below % 0% Threshold: % % Target: % % Maximum: % or above % The percentage of the Performance Share Target Award earned between Threshold and Target and Target and Maximum is based on interpolation, as set forth on Schedule A.

Appears in 1 contract

Sources: Equity Award Terms and Conditions Agreement (Home Depot Inc)