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. 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. 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. Xxxxxxx 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 Xxxxxxx Xxxxx 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. Bonus Potential – 32.4% (40% of Total Bonus Target)
Business Goals. (a) Establishing a flexible, reliable product development and service delivery process to ensure timely delivery of defect-free services in quantities consistent with the up-to-the-minute needs of the marketplace.
(b) Achieving continuous total-cost reductions through improved production, management, staffing, and administrative efficiencies and design improvements.
(c) Allowing a reasonable return for work done by both parties while reducing both parties' costs and increasing value to the customer. Cost savings achieved by improved design, procedures, and materials will be reflected by price adjustments.
(d) Establishing an aggressive lead-time reduction plan for continuous reduction in engineering, production, and purchase lead time.
(e) Adopting and using communication and documentation procedures and formats (including fax and E-mail) compatible with each company's development, logistics, and systems strategy to save time and avoid unnecessary paperwork.
(f) Working with our suppliers and service contractors to obtain constant improvement in their processes to meet our mutual goals.
(g) Providing technical documentation and technical assistance as reasonably required to assist each other to perform their duties reliably and on time.
(h) Working together on long-term development and marketing strategies to increase product and service sales volumes.
(i) Meeting at least once every month to review, on both a general and a specific basis, the mutual progress and results against these stated goals.
Business Goals. HydroHut's business goals are as follows: · To repay initial bank loans during the first year of operation. · To open a second retail location in the third year of operation. · To produce net income levels of over $30,000, $45,000, and $65,000 for years one, two, and three, respectively.
Business Goals. ACCD’s goal is to establish a contract with a vendor who will provide a robust and enhanced client-survey solution with flexible reporting and analytical capabilities which will support the evaluation of client service initiatives undertaken by the ACCD and its catering and concession services contractor. ACCD wishes to accomplish the following:
1) Purchase access via a subscription or license to a cloud-based/SaaS Client Satisfaction Survey Software;
2) Award one Contract which encapsulates both the software and the services of a User Experience Consultant;
3) Combine ACCD’s survey with its catering and concession services contractors’ survey so that ACCD clients are receiving one survey;
4) Through the assistance of the User Experience Consultant, create a more user-friendly survey which expands and contracts, based upon the service selections made at the start of the survey by the survey-taker; and
5) Through the incorporation of industry best-practices, identify opportunity to streamline ACCD’s current process for administering the survey.
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.
