Threshold Performance. Threshold Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 0% EBITDA Factor in the Payment Formula set forth in Section 1.4.
Appears in 7 contracts
Samples: Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc)
Threshold Performance. Threshold Performance means the level of Three-Year Cumulative EBITDA Annual Growth from Continuing Operations for each Fiscal Year during the Performance Period set by the Committee that results in a 0% EBITDA Factor factor in the Payment Formula set forth in Section 1.4.
Appears in 4 contracts
Samples: June 2015 Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc)
Threshold Performance. Threshold Performance means (a) for the first Fiscal Year of the Performance Period, the level of EBITDA from Continuing Operations set by the Committee that results in a 0% EBITDA Factor in the Payment Formula set forth in Section 1.4; and (b) for the second and third Fiscal Years of the Performance Period, the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 0% EBITDA Factor in the Payment Formula set forth in Section 1.4.
Appears in 2 contracts
Samples: Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc)