Target EVA definition

Target EVA means the target level of EVA for the Plan Year, determined as follows:

Target EVA means, with respect to an EVA Business Unit for the initial year that such EVA Business Unit is subject to the Plan, the level of EVA as determined by the Company.

Target EVA for the year in question means the level of EVA that is expected in order for the Participating Group to receive the Target Bonus Award. Target EVA for the year in question is determined as follows:

Examples of Target EVA in a sentence

• The Leverage Factor determines the rate of change in bonuses as EVA surpasses or falls short of Target EVA, determined by the Committee from an evaluation of the long term volatility of industry returns.

• Target EVA improvement is the amount of improvement required to give investors a cost of capital return on this future growth value, and thus on the market value of their investment.

• The Bonus Multiple is Actual EVA less Target EVA (positive or negative), divided by the Leverage Factor, plus one.

• Bonuses earned under the Plan for a Plan Year are determined based on a comparison of actual EVA to the "Target EVA" for the year, which is established as described below to motivate improvement in EVA from year to year.

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More Definitions of Target EVA

Target EVA means the level of EVA that is expected in order for the Participating Group to receive the Target Bonus Value.

Target EVA means the target level of EVA for the Plan Year determined by the Committee.

Target EVA means the level of EVA that is expected in order for the

Target EVA means the target level of EVA for the Plan Year, determined as follows: Expected Improvement will be approved by the Board of Directors annually, based on increasing economic value in the context of the then current relevant economic conditions. For fiscal year 2008 (beginning July 2, 2007) the Target EVA is set at $1,154,000.

Target EVA means the target level of EVA for the Plan Year, determined as follows: Expected Improvement will be approved by the Board of Directors annually, based on past practice and consideration for current relevant economic conditions. For fiscal year 2008 (beginning July 2, 2007) the Target EVA is set at $1,154,000.

Target EVA means the target level of EVA for the Plan Year, determined as follows:Prior Year Prior Year Target EVA = Target EVA + Actual EVA 2

Target EVA means, with respect to an EVA Center for the initial year, of such center the level of EVA as determined by the Company. With respect to the Corporate EVA Center for 1996, the Target EVA shall be $___________.