Base EPS Sample Clauses

Base EPS. In the event that on or before December 31, 2016, either (i) an Enova Event (as defined below) is completed, and as a result of the Company’s reduction in ownership of Enova upon completion of such Enova Event, the financial results of Enova and its subsidiaries for periods following the closing of such Enova Event are not required to be consolidated with the financial results of the Company under generally accepted accounting principles in the United States or such other accounting principles that may be applicable to the Company (“GAAP”) (collectively, a “Deconsolidating Enova Event”), or (ii) an Enova Asset Sale (as defined below) is completed, then the Base EPS shall be determined in accordance with the following schedule, based on the date of the closing of the Deconsolidating Enova Event or the Enova Asset Sale, as applicable: [**Confidential Treatment Requested] indicates that portions of this document have been omitted and have been separately filed with the Securities and Exchange Commission. If Closing of the Deconsolidating Enova Event or Enova Asset Sale Occurs Base EPS Shall Be On or before January 31, 2016 [**Confidential Treatment Requested] During February, 2016 [**Confidential Treatment Requested] During March, 2016 [**Confidential Treatment Requested] During April, 2016 [**Confidential Treatment Requested] During May, 2016 [**Confidential Treatment Requested] During June, 2016 [**Confidential Treatment Requested] During July, 2016 [**Confidential Treatment Requested] During August, 2016 [**Confidential Treatment Requested] During September, 2016 [**Confidential Treatment Requested] During October, 2016 [**Confidential Treatment Requested] During November, 2016 [**Confidential Treatment Requested] During December, 2016 [**Confidential Treatment Requested] An “Enova Event” means (i) a spin-off or initial public offering of some or all of the common stock of Enova, or (ii) a sale of common stock of Enova to one buyer or a group of buyers acting together who are not Affiliates (as defined in the Plan) prior to the sale (“Unaffiliated Buyers”).
Sample 1
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Base EPS. In the event that a spin-off of all or a portion of the common stock of Enova International, Inc. (“Enova”) and/or a public offering of all or a portion of the common stock of Enova is completed on or before December 31, 2015, and as a result of the Company’s reduction in ownership of Enova upon completion of such spin-off and/or public offering, the financial results of Enova and its subsidiaries for periods following the closing of such spin-off and/or public offering are not required to be consolidated with the financial results of the Company under generally accepted accounting principles in the United States or such other accounting principles that may be applicable to the Company (“Deconsolidating Enova Event”), the Base EPS shall be determined in accordance with the following schedule, based on the date of the closing of the Deconsolidating Enova Event: If Closing of the Deconsolidating Enova Event Occurs Base EPS Shall Be On or before January 31, 2015 $1.30 per share During February, 2015 $1.48 per share During March, 2015 $1.65 per share During April, 2015 $1.83 per share During May, 2015 $2.01 per share During June, 2015 $2.18 per share During July, 2015 $2.36 per share During August, 2015 $2.54 per share During September, 2015 $2.71 per share During October, 2015 $2.89 per share During November, 2015 $3.07 per share During December, 2015 $3.24 per share In the event that an Enova Deconsolidating Event does not occur on or before December 31, 2015, the Base EPS shall be $3.42 per share.
Sample 1
Base EPS. In the event that an initial public offering of common stock of Enova International, Inc. (“Enova”) occurs on or before December 31, 2014, and as a result of the Company’s reduction in ownership of Enova, the financial results of Enova and its subsidiaries for periods following the closing of such initial public offering are not required to be consolidated with the financial results of the Company under generally accepted accounting principles in the United States or such other accounting principles that may be applicable to the Company (“Deconsolidating Enova IPO”), the Base EPS shall be determined in accordance with the following schedule, based on the date of the closing of the Deconsolidating Enova IPO: If Closing of the Deconsolidating IPO Occurs Base EPS Shall Be Before January 31, 2014 $2.72 per share During February, 2014 $2.85 per share During March, 2014 $2.97 per share During April, 2014 $3.10 per share During May, 2014 $3.23 per share During June, 2014 $3.36 per share During July, 2014 $3.48 per share During August, 2014 $3.61 per share During September, 2014 $3.74 per share During October, 2014 $3.87 per share During November, 2014 $3.99 per share During December, 2014 $4.12 per share In the event that an Enova Deconsolidating IPO does not occur on or before December 31, 2014, the Base EPS shall be $4.25 per share.
Sample 1

Related to Base EPS

  • Performance Measure The number of Performance Shares earned at the end of the three-year Performance Period will vary depending on the degree to which cumulative adjusted earnings per share performance goals for the Performance Period, as established by the Committee, are met.

  • Target Bonus For purposes of this Agreement, “Target Bonus” means the assigned bonus target for the Executive under any short-term incentive plan(s) of the Company, multiplied by his or her base salary, for the relevant fiscal year. If the Executive’s base salary is changed during the relevant fiscal year, the Target Bonus shall be calculated by multiplying the Executive’s assigned bonus target by the highest base salary in effect during that fiscal year.

  • Performance Metrics The “Performance Metrics” for the Performance Period are: (i) the System Average Interruption Frequency Index (Major Events Excluded) (“XXXXX”); (ii) Arizona Public Service Company’s customer to employee improvement ratio; (iii) the OSHA rate (All Incident Injury Rate); (iv) nuclear capacity factor; and (v) coal capacity factor.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Performance Measures The extent, if any, to which you shall have the right to payment of the Award shall depend upon your satisfying one of the continuous employment conditions set forth in Section 3 and the extent to which the applicable performance measure has been satisfied as of the Final Measurement Date, as specified below: The Award shall have the following performance measures during the Measurement Period:

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

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