EARNINGS PER SHARE. During the year ending December 31, 2013 earnings per share must increase at least $0.05 per share to attain the 20% assigned award. Cash Flow: 2012 cash flow from operations must be at least $21 million to trigger the award. To qualify for the full 20% award, cash flow must be $30 million or greater. Cash flow between $21 million and $30 million will be awarded in 2% increments up to the full 20% allocated award amount.
Appears in 3 contracts
Samples: Executive Employment Agreement (Us Energy Corp), Executive Employment Agreement (Us Energy Corp), Executive Employment Agreement (Us Energy Corp)
EARNINGS PER SHARE. During the year ending December 31, 2013 2012 earnings per share must increase at least $0.05 per share to attain the 20% assigned award. Cash Flow: 2012 cash flow from operations must be at least $21 million to trigger the award. To qualify for the full 20% award, cash flow must be $30 million or greater. Cash flow between $21 million and $30 million will be awarded in 2% increments up to the full 20% allocated award amount.
Appears in 3 contracts
Samples: Separation Agreement (Us Energy Corp), Separation Agreement (Us Energy Corp), Separation Agreement (Us Energy Corp)
