Common use of EBITDA Target Value Clause in Contracts

EBITDA Target Value. For purposes hereof, the Participant’s “EBITDA Target Value” is 30% of his or her Total Target Value. The extent to which the Participant will earn his or her or her EBITDA Target Value is based on the Cumulative EBITDA (calculated as described in Appendix A) for the Performance Period against the Cumulative EBITDA Target established by the Committee for the Performance Period based on the following chart:

Appears in 2 contracts

Sources: Long Term Performance Unit Award Agreement (Tenneco Inc), Long Term Performance Unit Award Agreement (Tenneco Inc)

EBITDA Target Value. For purposes hereof, the Participant’s “EBITDA Target Value” is 30% of his or her Total Target Value. The extent to which the Participant will earn his or her or her EBITDA Target Value is based on the Cumulative EBITDA (calculated as described in Appendix A) for the Performance Period against the Cumulative EBITDA Target established by the Committee for the Performance Period based on the following chart:

Appears in 1 contract

Sources: Long Term Performance Unit Award Agreement (Tenneco Inc)