AEBITDA definition
Examples of AEBITDA in a sentence
Appendix A sets forth the AEBITDA Performance Condition that must be satisfied in order for the Performance Shares to be eligible for vesting.
The AEBITDA Performance Condition is based on the Company’s adjusted earnings before interest, tax, depreciation and amortization for each fiscal quarter during the period beginning on the first day of the Company’s 2027 fiscal year and ending on the final day of the Company’s 2030 fiscal year (the “Performance Period”), as set forth on Appendix A.
By: Name: Title: Date: This Appendix A sets forth the AEBITDA Performance Condition for the Performance Shares.
The Committee shall certify in writing whether the AEBITDA Performance Condition has been satisfied as soon as administratively practicable, but no later than 60 days, following the end of the Performance Period (the “Certification Date”).
Subject to Section 3, the Performance Shares will vest only if all of the (i) AEBITDA Performance Condition, (ii) AROA Performance Condition (collectively the “Performance Conditions”) and (iii) Time-Based Vesting Condition are met.