Operational Performance Goals definition
Examples of Operational Performance Goals in a sentence
The Operational Performance Goals are based upon, among other things, (i) certain assumptions about the future business of the Company, (ii) a management model prepared by the Company for the projected business of the Company and its Affiliates and (iii) the continued application of accounting policies used by the Company as of the first day of the Performance Period.
The number of Operational Performance Units that vest on the Vesting Date and become “Vested Operational Performance Units” based on the achievement of Operational Performance Goals attained by the Company during the Performance Period shall be determined by multiplying the number of Aggregate Operational Performance Units by the applicable Absolute TSR Performance Vesting Percentage.
The number of Performance Units that vest on the Vesting Date and become “Vested Performance Units” based on the achievement of Operational Performance Goals attained by the Company during the Performance Period shall be determined by multiplying the number of Aggregate Performance Units by the applicable Relative TSR Performance Vesting Percentage.
In no event shall the Participant be eligible to earn more than 400% of Target PSUs (when taking into account the Adjusted EBITDA Payout Factor together with the achievement, if any, of any of the Operational Performance Goals).