Targeted Performance definition

Targeted Performance is defined as the targeted EBITDA reduced by the targeted Cap-Ex for any given fiscal year. For fiscal years ended June 27, 1997 and beyond, the targeted EBITDA and targeted Cap-Ex are listed in Exhibit A, attached hereto and incorporated herein. Upon the consummation of future acquisitions or divestitures, targeted EBITDA and targeted Cap-Ex are subject to modification by the Employer, and, in such event, Exhibit A shall be modified accordingly. Calculation of the Executive's Performance Bonus shall be accomplished by comparison of the Actual Performance and Targeted Performance for any given fiscal year, and shall be determined by calculation of the performance percentage (the "Performance Percentage") for such year. The Performance Percentage is a ratio, the numerator of which is the Actual Performance, and the denominator of which is the Targeted Performance, adjusted per Section 5(c) below, for the same fiscal year. The amount of the Performance Bonus for any given fiscal year shall be the amount that corresponds to the Performance Percentage for that year, as set forth on Exhibit B, attached hereto. If the Performance Percentage achieved in a given fiscal year is an amount not specifically enumerated on Exhibit B, then the Performance Bonus shall be determined by the process of linear interpolation between the two Performance Percentage values on Exhibit B most closely equal to the actual Performance Percentage.
View Source
Targeted Performance is defined as the targeted EBITDA reduced by the targeted Cap-Ex for any given fiscal year. For fiscal years ended June 27, 1997 and beyond, the targeted EBITDA and targeted Cap-Ex are listed in Exhibit A, attached hereto and incorporated herein. Upon the consummation of future acquisitions or divestitures, targeted EBITDA and targeted Cap-Ex are subject to modification by mutual agreement of the Employer and the Executive, and, in such event, Exhibit A shall be modified accordingly. Calculation of the Executive's Performance Bonus shall be accomplished by comparison of the Actual Performance and Targeted Performance for any given fiscal year, and shall be determined by calculation of the performance percentage (the "Performance Percentage") for such year. The Performance Percentage is a ratio, the numerator of which is the Actual Performance, and the denominator of which is the Targeted Performance, adjusted per Section 5(c) below, for the same fiscal year. The amount of the Performance Bonus for any given fiscal year shall be the amount that corresponds to the Performance Percentage for that year, as set forth on Exhibit B, attached hereto. If the Performance Percentage achieved in a given fiscal year is an amount not specifically enumerated on Exhibit B, then the Performance Bonus shall be determined by the process of linear interpolation between the two Performance Percentage values on Exhibit B most closely equal to the actual Performance Percentage.
View Source

Examples of Targeted Performance in a sentence

  • Such Annual Targeted Performance Bonus or other annual bonus as may be determined by the Supervisory Board in its discretion shall be payable at such time and in such manner during the one hundred twenty (120) day period immediately following December 31 of such calendar year as the Supervisory Board shall determine in its sole discretion.

  • The performance bonus and payment for 2007 – 2010 shall be based upon achieving certain goals as set forth in Exhibit 1 to the December 19, 2006 Amendment (as modified by the Compensation Committee pursuant to its meeting on April 8, 2008, Exhibit A) (“December 19, 2006 Amendment”) and for purposes of calendar years 2009 and 2010, those goals, including the Targeted Performance Bonus-Annual, set forth for year 2008 in Exhibit 1 shall be applied for said years 2009 and 2010.

  • Additions, deletions or modifications to the Targeted Performance Improvement Measures and Monitoring Measures in the MEDDIC-MS Technical Specifications and goals must be mutually agreed upon by the parties.

  • The term "Targeted Performance" is defined as the targeted EBITDA reduced by the targeted Cap-Ex for any given fiscal year.

  • The Performance Percentage is a ratio, the numerator of which is the Actual Performance, and the denominator of which is the Targeted Performance, adjusted per Section 5(c) below, for the same fiscal year.

  • Calculation of the Executive's Performance Bonus shall be accomplished by comparison of the Actual Performance and Targeted Performance for any given fiscal year, and shall be determined by calculation of the performance percentage (the "Performance Percentage") for such year.

  • In subsequent years that this Contract is in force, the Department may require the same or different Targeted Performance Improvement Measures.

  • These projects are in addition to any that may be required as the result of sub-goal performance on any MEDDIC-MS Targeted Performance Improvement Measures.

  • In the event there is a Sales Event, the Bonuses shall be prorated to the date of the Sales Event calculated based upon the Targeted Performance Bonus Annual and paid within thirty (30) days of the Sales Event.

  • The Targeted Performance Improvement Measures for calendar year 2001 must be reported to the Department by October 1, 2002.

Related to Targeted Performance

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Basket Performance means a decimal number calculated by applying the following formula:

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula:

  • Substantial Performance means the stage of completion when:

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;