Additional Metric(s) definition
Examples of Additional Metric(s) in a sentence
Customer will report to ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ no earlier than 90 days and no later than 60 days (“Annual Reporting Period”) based on the number of Active FSE Worker Records and Additional Metrics provided below, as applicable, as of 90 days (“Count Date”) prior to each anniversary of the Order Term start date.
The Quarterly Statement will also set forth, as of the end of such quarter, Seller’s good faith estimate of the Additional Metrics.
Customer will report to ▇▇▇▇▇▇▇@▇▇▇.▇▇▇ no earlier than 90 days and no later than 60 days (“Annual Reporting Period”) based on the number of Active FSE Worker Records and Additional Metrics provided below, as applicable, as of 90 days (“Count Date”) prior to each anniversary of the Order Term start date.
No vesting will occur, and all Shares will be forfeited (regardless of the number of Additional Metrics otherwise satisfied), unless eighty percent (80%) of the total three-year incremental Earnings Before Taxes (“EBT”) gain during the Performance Period is returned to the stockholders.
Additional Metrics: a) take advantage of the service provider’s data/reporting to measure on-time performance and make route/schedule changes based on the data; b) gather rider satisfaction data using online tools/apps; c) measure and report on cost per passenger using public funding as the numerator; d) calculate and report on public/private funding ratios across all routes.