Absolute Performance Goal. The average return on shareholders’ common equity for BB&T during the Performance Period determined in accordance with United States generally accepted accounting principles (“BB&T GAAP ROCE”) must be at least three percent (3%), and if less than three percent (3%) there will not be an Award payout.
Appears in 4 contracts
Samples: Ltip Award Agreement (Bb&t Corp), Performance Unit Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp)
Absolute Performance Goal. The average return on shareholders’ common equity for BB&T during the Performance Period determined in accordance with United States generally accepted accounting principles principles, as adjusted by BB&T (“BB&T GAAP ROCE”) ), must be at least three percent (3%), and if less than three percent (3%) there will not be an Award payout.
Appears in 2 contracts
Samples: Performance Unit Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp)
Absolute Performance Goal. The average return on shareholders’ common equity for BB&T during the Performance Period determined in accordance with United States generally accepted accounting principles principles, as adjusted by BB&T (“BB&T Adjusted GAAP ROCE”) ), must be at least three percent (3%), and if less than three percent (3%) there will not be an Award payout.
Appears in 2 contracts
Samples: Performance Unit Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp)
