Examples of ROIC in a sentence
The performance measures will be weighted as follows: ROIC 75% and Revenues 25%.
The relative weighting for each metric will be applied to such payout rates, and the results will be aggregated, resulting in an aggregate payout rate (the “Payout Rate”).2 To illustrate, if Company performance results in ROIC and Revenues as set forth below, the payout would be calculated as follows: Payment of vested Performance Units based on the Payout Rate will be made in the period provided for in Section 2(b) of this Agreement.
The Performance Units shall vest and become non-forfeitable based on the Company’s achievement of specified levels of ROIC and Revenues (each as defined below) for the Performance Period as set forth in the chart below: ROIC PerformancePayout50.0%62.5%75.0%87.5%100.0%125.0%150.0%175.0%200.0% Revenue Performance Payout50.0%100.0%150.0%200.0% Following the end of the Performance Period, the Committee will determine actual results for each of the metrics described above (the “Final Committee Determination”).