Adjusted Operating Margin definition
Examples of Adjusted Operating Margin in a sentence
By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇ Title: President and Chief Executive Officer EXECUTIVE: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Adjusted Operating Margin $18,000,000 USD Adjusted EBITDA $28,000,000 USD With respect to fiscal year 2010, 50% of the Bonus and 50% of the Annual LTI Award shall be conditioned upon attaining each objective stated above, as determined by the Board (or its designee) in its sole discretion.
For purposes of the foregoing, the aggregate payout percentage shall be computed as the aggregate of (A) the U.S. Share Gain Payout Percentage multiplied by _____, (B) the Endless Assortment Business Daily Sales Growth Payout Percentage multiplied by ______, and (C) the Total Company Adjusted Operating Margin Payout Percentage multiplied by ______.
In determining the Adjusted Operating Margin, all percentages shall be rounded down to the nearest one-tenth of a percent.
In that event, the additional bonus that may be earned equals [____]* for each [____]* of Adjusted Operating Margin above [____]* less the bonus earned for all prior Performance Periods with respect to that eligible Signed Contract (but in no event less than zero).
You may earn a bonus with respect to each fiscal year within the Performance Period (each, a “Performance Year”) for Signed Contracts (as defined below) under paragraph 2, net revenue under paragraph 3, Adjusted Operating Margin under paragraph 4 and expanded business relationships under paragraph 5.