Fiscal 2013 definition
Examples of Fiscal 2013 in a sentence
If a Change in Control occurs prior to June 30, 2013, then, if Company achieves the Fiscal 2013 Milestone and Executive is employed by Company on June 30, 2013, rather than receiving the award of Restricted Shares, Executive will be entitled to receive a cash award, calculated by multiplying 50,000 by the price per share paid by the acquirer of Company in the Change in Control transaction.
Each of Fiscal 2012, Fiscal 2013 and Fiscal 2014 is referred to herein as a “Performance Year”, and one-third of the Performance Shares shall be allocated to each of the Performance Years.
Except as disclosed in the Fiscal 2013 10K or in the MLP’s quarterly report on Form 10-Q for the quarter ended March 31, 2014, since December 31, 2013 there has been no development or event that has had or could reasonably be expected to have a Material Adverse Effect.
The number of Performance Shares actually delivered to Executive on the Vesting Date is subject to adjustment based on Fiscal 2012, Fiscal 2013 and Fiscal 2014 results as more fully set forth in the 2012 LTIP.
For the fiscal year ending June 30, 2013, Employee shall receive a bonus in the maximum aggregate amount of 20% of the base salary set forth in Paragraph 3.1 only if she achieves the goals and milestones set forth in the Fiscal 2013 CEO Bonus Plan, as such goals have been determined by, and as achievement against such goals will be evaluated by, the Personnel and Compensation Committee of the Board of Directors.