Economic Performance Driver definition

Economic Performance Driver means EBITDA, Project Cost and Execution, Reserve and Resource Additions, Safety, Sustainability and Total Cash Sustaining Costs.

Economic Performance Driver means EBITDA, Project Cost and Execution, Reserve and Resource Additions, Return on Capital Employed, Safety, Sustainability and Cash Sustaining Costs.

Economic Performance Driver means Consolidated Sustaining Capital Expenditures, Consolidated Costs Applicable to Sales – Gold and Copper, Attributable Ounces Production – Gold and Attributable Pounds Production Copper, Reserve and NRM Additions, and Project Execution and Cost.

Examples of Economic Performance Driver in a sentence

• The payout percentage for each Economic Performance Driver is the product of the Performance Percentage times the applicable weighting factor as listed in Appendix A (“Payout Percentage for each Economic Performance Driver”).

• For each Economic Performance Driver, actual performance will be compared to the target, minimum and maximum amounts to arrive at a performance percentage (“Performance Percentage”).

• The Compensation Committee shall establish both the targets and the minimum and maximum amounts for each Economic Performance Driver on an annual basis.

• However, for application of the Safety Economic Performance Driver, the maximum potential payout will be 100% for the Total Reportable Injury Frequency Rate subset of the Safety Economic Performance Driver, rather than 200%, in the event of any fatality during the calendar year for which the Corporate Performance Bonus is being calculated, unless otherwise approved by the Leadership Development and Compensation Committee.

• The Leadership Development and Compensation Committee shall establish both the targets and the minimum and maximum amounts for each Economic Performance Driver on an annual basis.

More Definitions of Economic Performance Driver

Economic Performance Driver means, Adjusted Free Cash Flow, Cash Sustaining Costs per Gold Equivalent Ounce, Growth, Health and Safety, and Sustainability, as defined in Appendix A.

Economic Performance Driver means EBITDA, Exploration and Project Success, Return on Capital Employed, Health and Safety, Environment, Sustainability and Governance (ESG), and Cash Sustaining Costs.

Economic Performance Driver means Free Cash Flow, Reserve and Resource Additions, Return on Capital Employed, Health and Safety, Environment, Sustainability and Governance (ESG), and Cash Sustaining Costs.

Economic Performance Driver means Earnings per Share, Consolidated Free Cash Flow, Proportional Net Asset Value per Share and Reserve Replacement Ratio.

Economic Performance Driver means Equity Ounces Sold, Consolidated Net Cash from Operations, Reserve Growth, and Consolidated Costs Applicable to Sales.

Economic Performance Driver means, Adjusted Free Cash Flow, Cash Sustaining Costs per Gold Equivalent Ounce, Growth, Health and Safety, and Sustainability, as defined in Appendix A. 1.11 “Employee” means an employee of Newmont or an Affiliated Entity who satisfies the conditions for this program and who is not (a) an individual who performs services for Newmont or an Affiliated Entity under an agreement, contract or arrangement (which may be written or oral) between the employer and the individual or with any other organization that provides the services of the individual to the Employer pursuant to which the individual is initially classified or treated as an independent contractor or whose remuneration for services has not been treated initially as subject to the withholding of federal income tax pursuant to Code § 3401, or who is otherwise treated as an employee of an entity other than Newmont or an Affiliated Entity, irrespective of whether they are treated as an employee of Newmont or an Affiliated Entity under common law employment principles or pursuant to the provisions of Code § 414(m), 414(n) or 414(o), even if the individual is subsequently reclassified as a common law employee as a result of a final decree of a court of competent jurisdiction, the settlement of an administrative or judicial proceeding or a determination by the Internal Revenue Service, the Department of the Treasury or the Department of Labor, (b) an individual who is a leased employee, (c) a temporary employee, or (d) an individual covered by a collective bargaining agreement unless otherwise provided for in such agreement. 1.12 “Growth” means annual managed gold reserve and resource additions measured against target annual managed reserve and resource additions, and as adjusted from time to time as approved by the LDCC, and key project milestones, as determined by the LDCC. 1.13 “Health and Safety” means health and safety metrics measured against target health and safety metrics, as adjusted from time to time as approved by the LDCC. 1.14 “Leadership Development and Compensation Committee or LDCC” means the Leadership Development and Compensation Committee of the Board of Directors of Newmont. 1.15 “Level” means the Level of Work assigned to the job, as reflected in Appendix C. 1.16 “Newmont” means Newmont Corporation. 1.17 Participating Employer” means Newmont and any Affiliated Entity. 1.18 “Pay Grade” means globally graded jobs that share common salary ranges, as designated by the Board or its delega...

Economic Performance Driver means Consolidated Capital Expenditures, Consolidated Costs Applicable to Sales — Gold, Equity Ounces Sold — Gold, and Reserve and NRM Additions.