Operational Targets definition

Operational Targets for any Performance Period, shall mean the financial performance of the Company, as specified by the Committee or the CEO, as applicable, as the stock price, earnings per share, net earnings, operating income, return on assets, net capital employed, shareholder return, return on equity, growth in assets, unit volume, sales, market share, or strategic business criteria consisting of one or more Company objectives based on meeting specified revenue goals, market penetration goals, geographic business expansion goals, cost targets, customer satisfaction goals, product development goals, or goals relating to acquisitions or divestitures. In setting Operational Targets pursuant to Section 4, the Committee or the CEO shall use objectively determinable Operational Targets based on the foregoing criteria. To the extent applicable, any such Operational Target shall be determined in accordance with generally accepted accounting principles and reported upon by the Company's independent accountants. The Operational Targets established by the Committee or the CEO may be (but need not be) different each Performance Period and different Operational Targets may be applicable to different Participants.
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Operational Targets. System and component performance goals a ***. *** window to be calculated at the beginning of every week as a moving average for trending purposes. • Computations to be used for calculating and tracking Operational Targets will be jointly developed by SILVERSPRING and FPL personnel with in the *** of this agreement. • Sample computations of Operational Targets are listed in the chart below.
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Operational Targets. Means the operational targets in respect of the Services as set out in the relevant Service Specification;
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Examples of Operational Targets in a sentence

  • SILVERSPRING shall not be liable for failure to meet applicable Service Levels, SLA, or Operational Targets to the extent any such failure is attributable to one or more of the following causes (collectively, “Exclusions”): i) Events of Force Majeure; ii) Acts or omissions of third parties (other than SILVERSPRING’s Subcontractors); iii) FPL Caused Delay; and iv) any and all third party hardware and/or software failures not directly caused by SILVERSPRING.

  • Following such meeting, at which the Services, the Operational Targets and the Price in respect of the then current or any future year of operation may be revised by consent, any amendments to this Agreement shall be noted in writing signed on behalf of the parties and shall operate as variations to this Agreement.

  • If during the course of the contract the Service Levels outlined in Section 3 – Scope of Services, the Operational Targets, or SLA are not met FPL may provide notice to SILVERSPRING in writing identifying the terms of the service level that are not being met.

  • This document sets out our approach to the measurement and calculation of Key Performance Indicators (KPIs), Operational Targets, Service Levels and Service Credits.

  • Such Services shall be provided by the Service Provider in accordance with the Operational Targets.