Adjusted Return on Equity definition

Adjusted Return on Equity means Return on Equity, subject to, and/or after giving effect to, any adjustments applicable pursuant to Section 9A(iv) at the time Business Criteria and Performance Target(s) are established for any Year or Years.
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Adjusted Return on Equity is equal to the Company’s Adjusted Earnings divided by the Average Annual Shareholders’ Equity.
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Adjusted Return on Equity for any Year means the Adjusted Net Income for such Year, divided by the average of the Adjusted Shareholders Equity of the Company at the beginning and end of the Year; subject to, and/or after giving effect to, any adjustments applicable pursuant to Section 4.6.
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Examples of Adjusted Return on Equity in a sentence

  • For purposes of this Exhibit, the Operational Performance Results for the Company will be calculated as follows: Adjusted Return on Equity shall be computed by dividing the sum of Adjusted Net Income for each of the three years in the Performance Period by the sum of the Adjusted Average Shareholders’ Equity for each of the three years.

  • Below Threshold Threshold Between Threshold and Target Target Between Target and Maximum Maximum Above Maximum Adjusted Return on Equity Performance Result* 0% - 79% 80% 81% - 99% 100% 101% - 119% 120% 121% + Component Performance Factor** 0% 25% For each 1% the performance result is above 80%, add 3.75% to the threshold performance factor of 25%.

  • For purposes of determining Adjusted Return on Equity for the fiscal year in which the Change in Control occurs, net income and the average of the total common shareholders’ equity as set forth in the Company’s published quarterly financials for the fiscal quarter ending immediately prior to the date of the Change in Control shall be used.

  • For each fiscal year during the Vesting Period in which the Company's net income (determined pursuant to the guidelines previously approved by the Committee) before dividends divided by stockholder's equity at the beginning of such fiscal year ("Return on Equity Percentage") is a positive number, the Unit Value of the Award shall increase in an amount equal to fifty (50%) percent of the Return on Equity Percentage ("Adjusted Return on Equity Percentage").

  • The number of Performance Share Units that will be earned for a fiscal year in the Measurement Period shall be determined by reference to the Company’s Adjusted Return on Equity for that fiscal year as shown in Exhibit 1, by taking the percentage earned for the fiscal year and multiplying the percentage times one third of the target number of Performance Share Units.

  • For each fiscal year during the Vesting Period in which the Company's net income (determined pursuant to the guidelines previously approved by the Committee) before dividends divided by stockholder's equity at the beginning of such fiscal year ("Return on Equity Percentage") is a positive number the Unit Value of the Award shall increase in an amount equal to fifty (50%) percent of the Return on Equity Percentage ("Adjusted Return on Equity Percentage").

  • Provided the Grantee has remained in the continuous employment of the Employer through the applicable Vesting Date (except as otherwise provided in Section 3, the applicable portion of the Option shall become vested on the Vesting Date if the Company’s Annual Adjusted Return on Equity for the Performance Year equals or exceeds the Adjusted Return on Equity Target (the “Performance Goal”).


More Definitions of Adjusted Return on Equity

Adjusted Return on Equity means Return on Equity after giving effect to any adjustments applicable pursuant to Section 11.1(d) at the time Business Criteria and Performance Target(s) are established for any Year or Years.
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Adjusted Return on Equity shall have the meaning ascribed that term in Exhibit 1 attached hereto.
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Adjusted Return on Equity means Return on Equity, subject to and/or after giving effect to any adjustments applicable pursuant to Section 4.6 at the time Business Criteria and Performance Target(s) are established.
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Adjusted Return on Equity means 3-year cumulative Adjusted Net Income (Adjusted EBITDA less interest, taxes, depreciation and amortization) divided by the sum of fiscal [ ], [ ] and [ ] average year total equity, excluding gain or loss on the sale of one or more segments. The result of the formula in the preceding sentence shall then be adjusted by the Compensation Committee in good faith, after consultation with the Chief Executive Officer, so as to negate the effects of, any dispositions or non-renewal of a significant license agreement; provided, however, that Adjusted Return on Equity resulting from businesses or product lines acquired (in Board approved transactions) during the Performance Period will, to the extent reasonably and in good faith determined by the Compensation Committee to be appropriate (after consultation with the Chief Executive Officer), be included in the calculation from the date of acquisition.
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Adjusted Return on Equity. (or “AROE”) means the Company’s Consolidated Adjusted Net Income divided by the Company’s Consolidated Adjusted Equity. AROE shall be rounded to the nearest tenth of one percent (.1%). The Finance and Planning Committee shall have the right (but not the obligation) to make at any time, in its sole discretion, any adjustments in the method of determining AROE. Further, the Finance and Planning Committee shall have the right (but not the obligation) to utilize at any time, in its sole discretion, the GAAP Return on Equity standard, in which case the term AROE in this Plan shall be replaced with “GAAP Return on Equity.” “Adjusted Net Income” shall be replaced by “GAAP Net Income” and “Adjusted Equity” shall be replaced by “GAAP
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Related to Adjusted Return on Equity

  • Return on Equity means the percentage equal to the Company’s Net Income divided by average stockholder’s equity, determined in accordance with generally accepted accounting principles.

  • Return on Invested Capital for a period shall mean earnings before interest, taxes, depreciation and amortization divided by the difference of total assets less non-interest bearing current liabilities.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Return on Sales means the percentage equal to the Company’s or a business unit’s Operating Income before incentive compensation, divided by the Company’s or the business unit’s, as applicable, revenue, determined in accordance with generally accepted accounting principles.

  • Adjusted Operating Income for each year in the Performance Period is defined as the Company’s net income from continuing operations as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis), adjusted as set forth in the immediately following sentence. In calculating Adjusted Operating Income, net income from continuing operations shall be adjusted as follows: first (A) remove the after-tax effects of the following items: (i) losses (net of reinsurance) from catastrophes (as designated by the Insurance Service Office’s Property Claims Service Group, the Lloyd’s Claim Office, Swiss Reinsurance Company’s sigma report, or a comparable report or organization generally recognized by the insurance industry, and reported by the Company as a catastrophe); asbestos and environmental reserve charges (or releases); net realized investment gains or losses in the fixed maturities and real estate portfolios; and (ii) extraordinary items, the cumulative effect of accounting changes and federal income tax rate changes, and restructuring charges, each as defined by generally accepted accounting principles in the United States, and each as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis); (B) reduced, as to the first year in the Performance Period (20XX), by $XXXXXX, as to the second year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium, and as to the third year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium; and (C) reduced by an amount intended, as of the date of this award, to approximate historical levels of credit losses (on an after-tax basis) associated with the Company’s fixed income investments, determined by (i) multiplying a fixed factor, expressed as 2.25 basis points, by the amortized cost of the Company’s fixed maturity investment portfolio at the beginning of each quarter during the relevant year in the Performance Period and (ii) adding the after-tax sum of the amounts resulting from (i) for such year in the Performance Period.