{"component": "definition", "props": {"groups": [{"size": 29, "samples": [{"hash": "i0LAhG6rC8D", "uri": "http://pdf.secdatabase.com/2583/0000950103-24-015356.pdf", "label": "pdf.secdatabase.com", "score": 19.6408729553, "published": false}, {"hash": "6av3R9pZCcb", "uri": "https://www.sec.gov/Archives/edgar/data/1969373/000196937326000013/quarterlyreport1q2026ex-991.htm", "label": "Vesta Real Estate Corporation, S.A.B. De C.V.", "score": 19.3066387177, "published": false}, {"hash": "1Ti1m8vr4jF", "uri": "https://www.sec.gov/Archives/edgar/data/1969373/000196937326000006/quarterlyreport4q2025ex-991.htm", "label": "Vesta Real Estate Corporation, S.A.B. 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"offset": [424, 434]}, {"key": "section-ii", "type": "definition", "offset": [490, 500]}, {"key": "level-of-performance", "type": "definition", "offset": [534, 554]}, {"key": "number-of-shares", "type": "clause", "offset": [632, 648]}, {"key": "equal-to", "type": "definition", "offset": [649, 657]}, {"key": "the-criteria", "type": "clause", "offset": [701, 713]}, {"key": "of-the-executive", "type": "clause", "offset": [724, 740]}, {"key": "base-salary", "type": "definition", "offset": [743, 754]}, {"key": "applicable-year", "type": "definition", "offset": [763, 778]}, {"key": "trading-price", "type": "definition", "offset": [827, 840]}, {"key": "the-new-york-stock-exchange", "type": "clause", "offset": [856, 883]}, {"key": "date-of-grant", "type": "definition", "offset": [891, 904]}, {"key": "high-level", "type": "definition", "offset": [924, 934]}, {"key": "performance-level", "type": "definition", "offset": [1560, 1577]}], "snippet": "shall have the same meaning ascribed to that term in IRC\u2019s annual report on Form 10-K as filed with the SEC for the year in which the LTRS is to be calculated. . \u201cTotal Shareholder Return\u201d shall mean the sum of : 1) the change of the IRC stock price from January 1, 2010 to December 31, 2010 (as expressed as a percentage), plus 2) the dividend yield paid during 2010 (as expressed as a percentage of dividends paid in 2010 divided by the IRC stock price as of January 1, 2010). Subject to Section II. below, if IRC achieves a Target level of performance in each of the two named criteria, the Executive\u2019s LTRS grant will equal the number of shares equal to the quotient of (1) 14% (or 7% for each of the criteria achieved) of the Executive\u2019s Base Salary for the applicable year, divided by (2) the average of the high and low trading price as reported by the New York Stock Exchange on the date of grant. If IRC achieves a High level of performance in each of the two named criteria, the Executive\u2019s LTRS grant will equal the number of shares equal to the quotient of (1) 24% (or 12% for each of the criteria achieved) of the Executive\u2019s Base Salary for the applicable year, divided by (2) the average of the high and low trading price as reported by the New York Stock Exchange on the date of grant. It is recognized that of the two criteria, both may not fall into the same level of performance, but rather one may be at a Target level and the other at a High level (or not achieve either level). Executive is entitled to an award for each of the three (3) performance level metric that may be achieved.", "hash": "78529a7cf603b9d499cf1e38d9043224", "id": 6}, {"size": 20, "samples": [{"hash": "gXOzXqjXqjJ", "uri": "/contracts/gXOzXqjXqjJ#ffo", "label": "Employment Agreement (Inland Real Estate Corp)", "score": 21.3367557526, "published": true}, {"hash": "fZShoKTGaEQ", "uri": "/contracts/fZShoKTGaEQ#ffo", "label": "Employment Agreement (Inland Real Estate Corp)", "score": 21.3367557526, "published": true}, {"hash": "4Znf2Ryjr6g", "uri": "/contracts/4Znf2Ryjr6g#ffo", "label": "Employment Agreement (Inland Real Estate Corp)", "score": 21.3367557526, "published": true}], "snippet_links": [{"key": "same-meaning", "type": "clause", "offset": [15, 27]}, {"key": "annual-report", "type": "clause", "offset": [59, 72]}, {"key": "form-10", "type": "definition", "offset": [76, 83]}, {"key": "the-sec", "type": "definition", "offset": [100, 107]}, {"key": "the-year", "type": "definition", "offset": [112, 120]}, {"key": "the-bonus", "type": "definition", "offset": [130, 139]}, {"key": "total-shareholder-return", "type": "definition", "offset": [162, 186]}, {"key": "sum-of", "type": "clause", "offset": [203, 209]}, {"key": "change-in", "type": "definition", "offset": [219, 228]}, {"key": "stock-price", "type": "definition", "offset": [237, 248]}, {"key": "a-percentage", "type": "definition", "offset": [308, 320]}, {"key": "dividend-yield", "type": "definition", "offset": [335, 349]}, {"key": "dividends-paid", "type": "definition", "offset": [409, 423]}, {"key": "divided-by", "type": "clause", "offset": [432, 442]}, {"key": "section-ii", "type": "definition", "offset": [498, 508]}, {"key": "level-of-performance", "type": "definition", "offset": [542, 562]}, {"key": "the-executive", "type": "clause", "offset": [598, 611]}, {"key": "company-performance", "type": "clause", "offset": [614, 633]}, {"key": "base-salary", "type": "definition", "offset": [688, 699]}, {"key": "applicable-year", "type": "definition", "offset": [708, 723]}, {"key": "the-criteria", "type": "clause", "offset": [743, 755]}, {"key": "high-level", "type": "definition", "offset": [786, 796]}, {"key": "performance-level", "type": "definition", "offset": [1275, 1292]}], "snippet": "shall have the same meaning ascribed to that term in IRC\u2019s annual report on Form 10-K as filed with the SEC for the year in which the bonus is to be calculated. \u201cTotal Shareholder Return\u201d shall mean the sum of : 1) the change in the IRC stock price from January 1, 2010 to December 31, 2010 (as expressed as a percentage), plus 2) the dividend yield paid during 2010 (as expressed as a percentage by dividing dividends paid in 2010 divided by the IRC stock price as of January 1, 2010). Subject to Section II. below, if IRC achieves a Target level of performance in each of the two named criteria, the Executive\u2019s Company performance related ACIB will equal a total of 10% of Executive\u2019s Base Salary for the applicable year (or 5% for each of the criteria achieved).. If IRC achieves a High level of performance in each of the two named criteria, the Executive\u2019s company performance related ACIB will equal a total of 20% of Executive\u2019s Base Salary for the applicable year (or 10% for each of the criteria achieved). It is recognized that of the two criteria, both may not fall into the same level of performance, but rather one may be at a Target level and the other at a High level (or not achieve either level). Executive is entitled to an award for each of the three (3) performance level metric that may be achieved.", "hash": "4393ebcead04f72dc1c24234926d3a1f", "id": 7}, {"size": 19, "samples": [{"hash": "6e420SuHjau", "uri": "https://s26.q4cdn.com/256909320/files/doc_financials/2024/q3/NHT_-_Q3_2024_MDA_vF.pdf", "label": "s26.q4cdn.com", "score": 17.7257022858, "published": false}, {"hash": "eA0qKUgsVO8", "uri": "https://s26.q4cdn.com/256909320/files/doc_financials/2023/q4/NHT-MDA_Final.pdf", "label": "s26.q4cdn.com", "score": 17.2563724518, "published": false}, {"hash": "3sGFxUr1RiI", "uri": "http://s26.q4cdn.com/256909320/files/doc_financials/2024/q1/3-31-24-NHT-MDA_Final.pdf", "label": "s26.q4cdn.com", "score": 17.1548500061, "published": false}], "snippet_links": [{"key": "net-income", "type": "definition", "offset": [6, 16]}, {"key": "in-accordance-with", "type": "definition", "offset": [35, 53]}, {"key": "real-estate-assets", "type": "definition", "offset": [103, 121]}, {"key": "customer-relationships", "type": "clause", "offset": [142, 164]}, {"key": "intangible-assets", "type": "clause", "offset": [169, 186]}, {"key": "business-combination", "type": "clause", "offset": [202, 222]}, {"key": "hotel-properties", "type": "clause", "offset": [261, 277]}, {"key": "and-equipment", "type": "clause", "offset": [278, 291]}, {"key": "income-tax-expense", "type": "definition", "offset": [308, 326]}, {"key": "impairment-losses", "type": "definition", "offset": [344, 361]}, {"key": "real-estate-properties", "type": "clause", "offset": [410, 432]}, {"key": "transaction-costs", "type": "clause", "offset": [438, 455]}, {"key": "purchase-of", "type": "clause", "offset": [484, 495]}, {"key": "hotel-property", "type": "definition", "offset": [498, 512]}, {"key": "adjustments-to", "type": "clause", "offset": [569, 583]}, {"key": "financial-instruments", "type": "definition", "offset": [592, 613]}, {"key": "the-definition", "type": "definition", "offset": [655, 669]}, {"key": "white-paper", "type": "definition", "offset": [687, 698]}, {"key": "funds-from-operations", "type": "clause", "offset": [702, 723]}, {"key": "prepared-by", "type": "definition", "offset": [724, 735]}, {"key": "property-association", "type": "clause", "offset": [745, 765]}], "snippet": "means net income (loss) calculated in accordance with IFRS, excluding: (i) depreciation of depreciable real estate assets and amortization of customer relationships and intangible assets arising from a business combination; (ii) gains (or losses) from sales of hotel properties and equipment; (iii) deferred income tax expense (recovery); (iv) impairment losses or reversals recognized on land and depreciable real estate properties; (v) transaction costs expensed as a result of the purchase of a hotel property being accounted for as a business combination; and (vi) adjustments to certain financial instruments. FFO has been prepared consistently with the definition presented in the White Paper on funds from operations prepared by the Real Property Association of Canada for all periods presented.", "hash": "a4f365414692606c2055dccde2b4572b", "id": 8}, {"size": 16, "samples": [{"hash": "IabPjssJvn", "uri": "/contracts/IabPjssJvn#ffo", "label": "Credit Agreement (Kimco Realty Corp)", "score": 23.2997951508, "published": true}, {"hash": "2BO2IHM5wJ9", "uri": "/contracts/2BO2IHM5wJ9#ffo", "label": "Credit Agreement (Kimco Realty Corp)", "score": 22.8343601227, "published": true}, {"hash": "1k9DEGB8EyK", "uri": "/contracts/1k9DEGB8EyK#ffo", "label": "Credit Agreement (Kimco Realty Corp)", "score": 21.6242294312, "published": true}], "snippet_links": [{"key": "funds-from-operations", "type": "clause", "offset": [0, 21]}, {"key": "nareit-definition", "type": "definition", "offset": [52, 69]}, {"key": "effect-on-the", "type": "clause", "offset": [73, 86]}, {"key": "date-of", "type": "clause", "offset": [87, 94]}, {"key": "consistent-with", "type": "clause", "offset": [127, 142]}], "snippet": "funds from operations, as calculated based upon the NAREIT definition in effect on the date of said calculation or in a manner consistent with Kimco\u2019s prior reporting (with any variation from the NAREIT definition being specified in Schedule 1.1B).", "hash": "5515395fb84a976ade03a66d887d5507", "id": 9}, {"size": 15, "samples": [{"hash": "ieoGerlHyrE", "uri": "/contracts/ieoGerlHyrE#ffo", "label": "Credit Agreement (Reckson Associates Realty Corp)", "score": 18.0, "published": true}, {"hash": "hrzdZm6j99e", "uri": "/contracts/hrzdZm6j99e#ffo", "label": "Credit Agreement (Home Properties of New York Inc)", "score": 18.0, "published": true}, {"hash": "hml0WhKmbiy", "uri": "/contracts/hml0WhKmbiy#ffo", "label": "Credit Agreement (Home Properties of New York Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "funds-from-operations", "type": "clause", "offset": [7, 28]}, {"key": "the-national-association", "type": "definition", "offset": [44, 68]}, {"key": "real-estate-investment-trusts", "type": "clause", "offset": [72, 101]}, {"key": "white-paper", "type": "definition", "offset": [113, 124]}, {"key": "approved-by", "type": "clause", "offset": [153, 164]}, {"key": "board-of-governors", "type": "clause", "offset": [176, 194]}, {"key": "on-march", "type": "clause", "offset": [195, 203]}], "snippet": "means \"funds from operations\" as defined in the National Association of Real Estate Investment Trusts (\"NAREIT\") White Paper on Funds From Operations as approved by the NAREIT Board of Governors on March 3, 1995.", "hash": "8c41efcc8646e84634cbd0ba94609d04", "id": 10}], "next_curs": "ClASSmoVc35sYXdpbnNpZGVyY29udHJhY3RzciwLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIMZmZvIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "FFO", "size": 674, "snippet": "means profit for the period, excluding: (i) gain on sale of investment property and (ii) gain on revaluation of investment property.", "id": "ffo", "examples": ["In the alternative, if <strong>FFO</strong> were six (6%) percent in year four (4), year four (4) would vest and year two (2) would remain a Non-Achievement Year).", "The Borrower will not, as determined on an aggregate annual basis, pay any partnership distributions in excess of 90% of the Borrower&#x27;s <strong>FFO</strong> for such year.", "The Asset Management Fee will be reduced to the extent that NAREIT <strong>FFO</strong>, as adjusted, during the six months ending on the last day of the calendar quarter immediately preceding the date that such Asset Management Fee is payable, is less than the Distributions declared with respect to such six month period.", "For purposes of this determination, NAREIT <strong>FFO</strong>, as adjusted, is NAREIT <strong>FFO</strong> adjusted to (i) include acquisition fees and related expenses which is deducted in computing NAREIT <strong>FFO</strong>; and (ii) include non-cash restricted stock grant amortization, if any, which is deducted in computing NAREIT <strong>FFO</strong>.", "The Asset Management Fee will be reduced to the extent that NAREIT <strong>FFO</strong>, as adjusted, during the six months ending on the last day of the calendar quarter immediately preceding the date that such Asset Management Fee is payable, is less than the Distributions paid with respect to such six month period.", "Vesting in that portion of the Restricted Stock Award scheduled to vest in year three (3) will occur in year four (4) if either the aggregate <strong>FFO</strong> is thirty-two percent (32%) or the aggregate total return is sixty percent (60%) at the end of the fourth (4th) fiscal year.", "For purposes of this determination, NAREIT <strong>FFO</strong>, as adjusted, is NAREIT <strong>FFO</strong> adjusted to (i) include acquisition fees and related expenses, which is deducted in computing NAREIT <strong>FFO</strong>; and (ii) include non-cash restricted stock grant amortization, if any, which is deducted in computing NAREIT <strong>FFO</strong>.", "Except as provided in this Agreement, no amendment will reduce the <strong>FFO</strong> Outperformance Amount or adversely affect the number or value of the Grantee\u2019s Award Shares or the Grantee\u2019s rights with respect to vesting without the Grantee\u2019s written consent.", "For purposes of measuring <strong>FFO</strong> performance in the event of a Change-in-Control, <strong>FFO</strong> will be measured from the beginning of the period through the end of the most recently completely quarter prior to the Change-in-Control for which financial results were publicly released by the Employer.", "By separate agreement cover is extended to include Member&#x27;s liability for contact liabilities (<strong>FFO</strong>) as referred to in Rule 12.4, to four fourth (4/4) of the liability."], "related": [["cagr", "CAGR", "CAGR"], ["adjusted-operating-income", "Adjusted Operating Income", "Adjusted Operating Income"], ["peer-group", "Peer Group", "Peer Group"], ["revenue-growth", "Revenue Growth", "Revenue Growth"], ["return-on-invested-capital", "Return on Invested Capital", "Return on Invested Capital"]], "related_snippets": [], "updated": "2026-05-03T04:25:59+00:00"}, "json": true, "cursor": ""}}