Remeasurement definition

Remeasurement means, for any unvested portion of the Option following the end of any Measurement Interval during the Performance Period, the Committee will determine, following the conclusion of the Fifth Measurement Interval, whether the Company's cumulative compounded annual growth rate ("CAGR") in Net Income over the entire Performance Period equals or exceeds [ ] percent ([ ]%) per Measurement Interval (the "Remeasurement Achievement"). For clarity, a CAGR of [ ]% over the five-year Performance Period requires the Company’s Net Income to grow by at least approximately [ ]% cumulatively, or [] times the starting value, over that period.
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Remeasurement means a measurement of the Premises, including the Suite 350 Data Center, and the Building, including the cafeteria and fitness center located within the space leased to McData, all in accordance with BOMA Standards.
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Examples of Remeasurement in a sentence

  • If the Committee determines that the Second Measurement Interval Results were not met following the end of the Second Measurement Interval, the unvested Second Tranche will remain eligible to vest, subject to the Committee's Remeasurement Determination.

  • If the Committee determines that the First Measurement Interval Results were not met following the end of the First Measurement Interval, the unvested First Tranche will remain eligible to vest, subject to the Committee's Remeasurement Determination.

  • If the Committee determines that the Third Measurement Interval Results were not met following the end of the Third Measurement Interval, the unvested Third Tranche will remain eligible to vest, subject to the Committee's Remeasurement Determination.

  • If the Committee determines that the Fifth Measurement Interval Results were not met following the end of the Fifth Measurement Interval, the unvested Fifth Tranche will remain eligible to vest, subject to the Committee's Remeasurement Determination.

  • If the Committee determines that the Fourth Measurement Interval Results were not met following the end of the Fourth Measurement Interval, the unvested Fourth Tranche will remain eligible to vest, subject to the Committee's Remeasurement Determination.