Initial Measurement definition

Initial Measurement means the measurement of the Company’s stock price based on the average closing price for the 45 consecutive trading day period ending on the trading day prior to the Start Date. Performance RSUs will have 2 Performance Conditions: (i) Stock Price Measurement of 125% of the Initial Measurement (“Milestone 1”) and (ii) Stock Price Measurement of 150% of the Initial Measurement (“Milestone 2 and together with Milestone 1 (“Milestones”). Achievement of a Milestone will be determined by the Board or the Committee. Milestones will be proportionately adjusted for any changes in our capitalization like a stock split or a reverse stock split.
Sample 1

Examples of Initial Measurement in a sentence

  • Recognition and Initial Measurement Financial instruments, incorporating financial assets and financial liabilities, are recognised when the entity becomes a party to the contractual provisions of the instrument.

  • Initial Measurement Period – If you are an OPS employee who is not reasonably expected to work at least 30 hours per week at the point of hire, your hours of service from the first day of the month following your date of hire to the last day of the 12th month of employment will be measured.

  • The Initial Measurement Period and the Initial Administrative Period combined may not extend beyond 13 months and a fractional month.

  • This period begins immediately following the end of the Initial Measurement Period and ends immediately before the start of the Initial Stability Period.

  • Variable hours employees at hire date (measure) NEW HIRES INITIAL MEASUREMENT PERIOD (IMP) The Initial Measurement Period is the period that an employer chooses to apply to new hires.

  • The Initial Administrative Period for REFUGIO COUNTY begins immediately following the end of the Initial Measurement Period and ends immediately before the start of the Initial Stability Period but is no longer than 2 months plus a fractional month.During this period the REFUGIO COUNTY Treasurer’s Office will determine if the employee is eligible for health care coverage.

  • The Initial Measurement Period for REFUGIO COUNTY begins on a new non full- time employee’s hire date and will end 12 months later.

  • Financial instruments Recognition and Initial Measurement Financial instruments, incorporating financial assets and financial liabilities, are recognised when the Company becomes a party to the contractual provisions of the instrument.

  • The contractor will be allowed to copy out the instruction therein from time to time.6.7 Initial Measurement for Record: -Where for proper measurements of the work it is necessary to have an initial set of levels or other measurements taken the same as recorded in the authorised field book of M.B. of VNIT by the Engineer or his authorised representative will be signed by the contractor who will be entitled to have a true copy of same made at his cost.

  • Recognition and Initial Measurement Financial assets and financial liabilities are recognised when the entity becomes a party to the contractual provisions to the instrument.

Related to Initial Measurement

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • COVID-19 Measures means any quarantine, “shelter in place,” “stay at home,” workforce reduction, social distancing, shut down, closure, sequester or any other Law, directive, guidelines or recommendations by any Governmental Authority (including the Centers for Disease Control and the World Health Organization) in each case in connection with, related to or in response to COVID-19, including the Coronavirus Aid, Relief, and Economic Security Act (CARES) or any changes thereto.

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Preventive measures means any reasonable measures taken by any person after an incident has occurred to prevent or minimize pollution damage.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Corrective Measure means a last resort measure taken by all NEMOs in case of performance degradation of the price coupling algorithm or of the continuous trading matching algorithm with the aim to restore their adequate performance.

  • Measurement Time means 12:01 a.m. Eastern Time on the Closing Date.

  • Process unit means the equipment assembled and connected by pipes and ducts to process raw materials and to manufacture either a final or intermediate product used in the onsite production of other products. The process unit also includes the purification of recovered byproducts.

  • ROIC means Return on Invested Capital and represents a ratio of Adjusted net income to Average Invested Capital. The Company believes this is a useful profitability measure as it excludes non-cash expenses (income) from both the numerator and denominator.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Class C Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class C Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".