REBITDA definition
Examples of REBITDA in a sentence
The Performance Measure(s) is/are: Relative EBITDA Growth (“REBITDA Growth”) - REBITDA Growth is determined by comparing the EBITDA growth of the Company with the EBITDA growth of the the peer group of companies designated on Exhibit B (the companies listed on Exhibit B are the “Peer Group”).
If the performance period is less than three years due to a Change in Control, the Committee shall calculate the average annual EBITDA growth of the Company and each Peer Group company and the REBITDA Percentile Ranking of the Company based on the same Measurement Period methodology that would apply to the full performance period had a Change in Control not occurred, with any adjustments necessary to account for the shorter period (including possible measurements of fractional year growth).
The Committee may, in the exercise of its discretion in good faith and in a manner consistent with the purposes of this Agreement, make such adjustments in calculating EBITDA of the Company or a Peer Group company, or otherwise in calculating the REBITDA Growth, as it deems necessary or appropriate to account for extraordinary, unusual or non-recurring events affecting the Company or a Peer Group company.