Common use of Financial Performance Clause in Contracts

Financial Performance. Exceed fiscal 2001 budgeted key financial targets, including budgeted end of year cash, currently projected to be approximately $45-50MM, (please note, final budgets have not yet been submitted and there is specific weakness in most recent DPI numbers) other than for strategic expenditures (i.e., repurchase of debt) or other actions endorsed by the Board.

Appears in 2 contracts

Sources: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)