EBITDA Pool definition

EBITDA Pool means the “2014 EBITDA Pool,” the “2015 EBITDA Pool” or the “2016 EBITDA Pool,” determined as follows:
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Examples of EBITDA Pool in a sentence

  • The 2015 EBITDA Pool shall be the Total EBITDA Pool determined in accordance with Section 5(d) of Exhibit “A” minus the sum of the 2013 EBITDA Pool and the 2014 EBITDA Pool.

  • The CIC Unit Value of each of the Performance Units that vest as a result of a Change in Control that occurs during the 2016 calendar year shall be computed as follows, but shall not be less than zero: • [(CIC EBITDA minus 2013 EBITDA) x the 2016 CIC/Enova Event Percentage Multiple (as defined in Exhibit “A”)]; minus • the sum of the 2014 EBITDA Pool and the 2015 EBITDA Pool; divided by • the 2016 Unit Value Denominator.

  • The CIC Unit Value of each of the Performance Units that vest as a result of a Change in Control that occurs during the 2015 calendar year shall be computed as follows, but shall not be less than zero: • [(CIC EBITDA minus 2012 EBITDA) x the 2015 CIC/Enova Event Percentage Multiple (as defined in Exhibit “A”)]; minus • the sum of the 2013 EBITDA Pool and the 2014 EBITDA Pool; divided by • the 2015 Unit Value Denominator.

  • For the fourth quarter of 2009, you will receive an amount, if any, equal to the sum of (a) 50% of the product of such 22.5% and the Revenue Pool for the complete 2009 fiscal year, less the amounts paid to you for the third quarter as described in the preceding sentence, and (b) 50% of the product of 22.5% and the EBITDA Pool.

  • The 2013 EBITDA Pool shall be [EBITDA (as defined in Exhibit “A”) for calendar year 2013 (“2013 EBITDA”) - EBITDA for calendar year 2012 (“2012 EBITDA”)] x the 2013 Percentage Multiple (as defined in Exhibit “A”), but only if the EBITDA CAGR specified in Section 3(a) of Exhibit “A” is achieved as of the First Vesting Date.

  • The 2014 EBITDA Pool shall be [EBITDA for calendar year 2014 (“2014 EBITDA”) - 2012 EBITDA] x the 2014 Percentage Multiple (as defined in Exhibit “A”) but only if the EBITDA CAGR specified in Section 3(a) of Exhibit “A” is achieved as of the Second Vesting Date.

  • The 2013 EBITDA Pool shall be [EBITDA (as defined in Exhibit “A”) for calendar year 2013 (“2013 EBITDA”) – EBITDA for calendar year 2012 (“2012 EBITDA”)] x the 2013 Percentage Multiple (as defined in Exhibit “A”), but only if the EBITDA CAGR specified in Section 3(a) of Exhibit “A” is achieved as of the First Vesting Date.

  • The 2014 EBITDA Pool shall be [EBITDA for calendar year 2014 (“2014 EBITDA”) – 2012 EBITDA] x the 2014 Percentage Multiple (as defined in Exhibit “A”) but only if the EBITDA CAGR specified in Section 3(a) of Exhibit “A” is achieved as of the Second Vesting Date.