Adjusted EBITDA Margin Accretion definition
Adjusted EBITDA Margin Accretion means, with respect to an applicable Performance Period described in Paragraph 2, a non-GAAP measure of profitability as a percent of revenue, calculated by dividing Adjusted EBITDA by Fee Revenue, as compared from year to year. For each Performance Period described in Section 2, the currency exchange rates in effect for ______, as determined by the Committee, shall be used for purposes currency conversion.