Business Goals Clause Samples
The BUSINESS GOALS clause defines the overarching objectives and intended outcomes that the parties aim to achieve through their agreement or collaboration. Typically, this clause outlines the strategic aims, such as expanding market reach, improving operational efficiency, or fostering innovation, and may specify key performance indicators or milestones to measure progress. By clearly articulating these goals, the clause ensures that both parties have a shared understanding of the partnership's purpose, helping to align expectations and guide decision-making throughout the relationship.
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Business Goals. If the Company achieves a specified goal, then 100% of the bonus related to that business goal will be awarded. If actual results deviate from established business goals, then the bonus payout amounts will be determined as follows: Results above the goal: If the Company performance exceeds the established business goals by a certain percentage (e.g., actual Company revenues exceed an established goal by ten percent), then the payout of that portion of the annual target bonus related to that business goal will be increased by that percentage amount above the goal, up to a maximum of a 100% increase over the bonus associated that goal. Thus, if actual Company performance on a particular goal exceeds the goal by 10%, then the target bonus associated with that goal will be increased by 10%, see below. Results below the goal: If the actual business performance falls short of an established goal by a certain percentage (e.g., actual Company revenues are 10% less than the revenue goal), then the bonus associated with that business goal will be decreased by that percentage of the shortfall, with no bonus being payable for a goal if the goal is missed by more than 25%. The scale for results below the target is given below:
Business Goals. Business goals established by DSHS for this procurement include the ability to accomplish the following: ▪ Continue the M&O of all the ACES environments; ▪ Migrate the ACES application over time in support of DSHS’ vision of ACES for the future (see Section 1.5); ▪ Continue to develop and implement initiatives to improve overall quality of system lifecycle activities; and ▪ Provide for the effective ongoing M&O of all ACES environments.
Business Goals. Snap-Quick has established revenue goals of approximately $1.52 million in 2001, $1.64 million in 2002, and $1.80 million in 2003. It is anticipated that profit margins will improve as volume improves (economies of scale). Net income (as a percent of gross sales) targets have been set at 14.3% in 2001, 17.6% in 2002, and 20.8% in 2003. ▇▇▇▇▇ August, the company's CFO, is confident that these margins can be attained.
Business Goals. Partner and Crafter agree that the key metrics for assessing the partnership mutual success and benefits are:
a) Quality of implementation projects delivered by Partner as perceived by End Users
b) Number of new projects and/or End Users signed by Partner within the Term
c) Revenue generated by both parties: Net new subscription revenues to Crafter and volume of integration and consulting services generated by Partner
d) Subscription renewal performance: Retention of End Users initially subscribed through Partner and renewal of such subscriptions
Business Goals. ▇▇▇▇▇▇▇ Browns goals include providing the best health-care consulting services available to a wide network of hospitals, clinics, and health maintenance organizations. The firm's strategy of expanding into the national market has led to projected revenues of approximately $6.0 million in 2001, $8.3 million in 2002, and $11.1 in 2003. Corresponding profits are expected to grow as well, which will assist the firm in achieving another of its goals - financial performance. Net income projections are $375,000, $787,000, and $1,315,000 for 2001, 2002, and 2003, respectively. The owner and management staff of ▇▇▇▇▇▇▇ ▇▇▇▇▇ are confident that the firm can achieve these primary goals, by both employing top-notch consultants and closely following the firm's mission statement.
Business Goals. With more than 22,500 new car dealerships in the United States generating more than $500 billion annually, Palmtop Innovations has great potential for success. Palmtop Innovation's goal is to sell over 400 dealerships its PalmPal system by the end of its third year. With the large number of dealerships in the U.S., this projection is extremely conservative. New product sales are forecasted to be $580,000, $1,060,000, and $2,380,000 in years one, two, and three, respectively. In addition, Palmtop Innovations projects additional maintenance revenue of $87,000 and $246,000 in years two and three. Even though Palmtop Innovations projects a net loss for its first year ($97,290), after tax profits of over $219,440 and $1,082,542 are expected for years two and three, respectively.
Business Goals. 1. Provider goals - Enhance pain management for patients - Strengthen patient/provider relationship - Encourage adherence to established treatment guidelines - Provide value added service - Link providers, nurses, pharmacists and patients - Reduce risk factors associated with costly: Unscheduled office visits Emergency room interventions Hospitalizations - Provide expanding database for critical pathway development
Business Goals. The company has established revenue targets of $775,000 in year one, $1,550,000 in year two, and $2,745,000 in year three. The first two years are based on the sale of the SmartScanner with third-year sales being driven by the addition of a second-generation scanner. Profit before interest and taxes for IMT’s first three years of operation are forecasted to be $25,000, $267,000, and almost $1.4 million, respectively. The owners are confident of attaining these profit levels given the achievement of the revenue projections. SmartScanner-71.0% ValueScanner-26.6% Maintenance Agreements-2.4% 0% 20% 40% 60% 80%
Business Goals. Set forth on the attached EXHIBIT D are specific business goals for the Company for the period from the date of this Agreement through _________, 2005. Not less than three (3) months prior to the end of such period and each consecutive three (3) year period thereafter, the parties shall agree on specific business goals for the three (3) year period immediately following the current period. Such business goals, as from time to time in effect, are referred to as the "Business Goals."
Business Goals. The business-related goals are bulleted below: Ø Who: Clinicians and analysts within the two healthcare organizations primarily in the fields of transplant surgery and anesthesia.