Fiscal 2017 definition
Examples of Fiscal 2017 in a sentence
In addition to Base Salary and all other compensation provided in this Agreement, Executive shall be entitled to participate in the Company’s long-term incentive program (the “LTI”) beginning in Fiscal 2017.
Further, by your electronic acceptance of this grant, you hereby agree to (i) accept as binding, conclusive and final all decisions or interpretations of the Committee upon any questions relating to the 2010 Plan, Fiscal 2017 Long Term Incentive Restricted Stock Unit/Performance Unit Terms and Conditions and this Award Agreement, and (ii) notify the Company upon any change in your residence address.
Adjusted Cash Flow for each fiscal period during the Performance Period shall be adjusted to eliminate any fines, penalties, fees, costs and other cash expenses incurred in connection with the Portland Harbor Superfund Site and the other environmental matters listed as adjustments in the Company’s Fiscal 2017 Operating Targets Environmental Adjustments document dated November 1, 2016 (net of any insurance or other reimbursements thereof).
The 2018 Bonus will be calculated by (i) multiplying $250,000 (representing the same “Target” bonus amount set by the Compensation Committee of the Board pursuant to the terms of the Company’s Short-Term Incentive Plan for Fiscal 2017 by (ii) the portion of the year he provides continued services as the Company’s CEO during Fiscal 2018, and payable on the Separation Date.
Should the Company's Return on Average Tangible Assets for Fiscal 2017 be equal to or greater than [ ]% (the "Fiscal 2017 Maximum Amount of ROATA") then so long as the Required Employment Period applicable thereto is met by the Grantee the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2017 Performance Period shall be settled by the issuance to the Grantee of ____ shares of the Company's Common Stock in accordance with Section 1(b) of the Agreement.