AROE definition
AROE means the Company’s average return on equity for each three year Performance Period which will be determined by (i) taking the sum of the Company’s Adjusted Economic Income during each of the fiscal years during the Performance Period divided by the average Equity of the Company during each such fiscal year (with the average Equity for each fiscal year calculated by adding the Equity at the beginning of such fiscal year and the Equity at the end of such fiscal year and dividing by two) and (ii) dividing such sum by three.