Common use of EBITDA Clause in Contracts

EBITDA. In the event that some but not all targets are reached, the Compensation Committee shall made a determination as to what percentage of the Budgeted Number was attained.

Appears in 8 contracts

Samples: Employment Agreement (Arotech Corp), Employment Agreement (Arotech Corp), Employment Agreement (Arotech Corp)

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EBITDA. In the event that some but not all targets are reached, the Compensation Committee of Arotech’s Board of Directors (the “Compensation Committee”) shall made a determination as to what percentage of the Budgeted Number was attained.

Appears in 2 contracts

Samples: Fourth Amended and Restated (Arotech Corp), Employment Agreement (Arotech Corp)

EBITDA. In the event that some but not all targets are reached, the Compensation Committee shall made make a determination as to what percentage of the Budgeted Number was attained.

Appears in 1 contract

Samples: Employment Agreement (Arotech Corp)

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EBITDA. In the event that some but not all targets are reached, the Compensation Committee shall made a determination as to what percentage of the Budgeted Number was attained. It is hereby clarified that no bonus shall be due unless the Company shall have attained at least 100% of the Company’s Budgeted Number.

Appears in 1 contract

Samples: Employment Agreement (Arotech Corp)

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