Common use of Metrics Clause in Contracts

Metrics. 50% of the PSU Award will be earned based upon achievement of Company core net income compound annual growth rate (CAGR) over the three year PSU Performance Period (“Core Net Income”), and 50% of the PSU Award will be earned based upon achievement of Company weighted average return on invested capital over the three year PSU Performance Period with the lowest year return on invested capital weighted 20% and the remaining years each weighted 40% (“ROIC”).

Appears in 4 contracts

Samples: Agreement (Lennox International Inc), Incentive Award Agreement (Lennox International Inc), Agreement (Lennox International Inc)

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