Company Objectives. Up to 50% of the Executive's Maximum Incentive Bonus shall be awarded based upon the attainment of company objectives ("Company Objectives") which shall be determined by reference to growth in earnings per share ("EPSG") and growth in earnings before interest, taxes, depreciation and amortization ("EBITDAG") of the Company.
Company Objectives. 1. Total revenue of $[XXXXX] — half of the executive’s Company Bonus will be earned if the Company achieves a minimum of $[XXXXX] in total revenue for FY 2008. Bonus payout starts at 91% of plan and is linear for performance to 100%; thereafter the executive will be eligible to receive an additional 1% for each additional 10% in revenue above the plan.
Company Objectives. 1. Total revenue of $[XXXXXXXXXX] (the “2012 Revenue Target”) – The Company Revenue Bonus for 2012 will be earned if the Company achieves a minimum total revenue for Fiscal 2012 equal to the 2012 Revenue Target, in accordance with and subject to the following. None of the Company Revenue Bonus for 2012 will be earned if the Company achieves total revenue for Fiscal 2012 equal to or less than 90% of the 2012 Revenue Target. If the Company achieves total revenue for Fiscal 2012 greater than 90% of the 2012 Revenue Target, then the percentage of the Company Revenue Bonus for 2012 earned will equal approximately (i) 10, times (ii) a percentage equal to (a) the actual amount of total revenue for Fiscal 2012 divided by the 2012 Revenue Target, minus (b) 0.9.
Company Objectives. 1. Total revenue of $[XXXXXXXX] (the “2011 Revenue Target”) – The Company Revenue Bonus for 2011 will be earned if the Company achieves a minimum total revenue for Fiscal 2011 equal to the 2011 Revenue Target, in accordance with and subject to the following. None of the Company Revenue Bonus for 2011 will be earned if the Company achieves total revenue for Fiscal 2011 equal to or less than 90% of the 2011 Revenue Target. If the Company achieves total revenue for Fiscal 2011 greater than 90% and less than or equal to 100% of the 2011 Revenue Target, then the percentage of the Company Revenue Bonus for 2011 earned will equal approximately (i) 10, times (ii) a percentage equal to (a) the actual amount of total revenue for Fiscal 2011 divided by the 2011 Revenue Target, minus (b) 0.9. If the Company achieves total revenue for Fiscal 2011 in excess of 100% of the 2011 Revenue Target, then the percentage of the Company Revenue Bonus for 2011 earned will equal 100% plus an amount (the “Additional Company Revenue Bonus for 2011”) equal to 6.8% of the Company Revenue Bonus for 2011 for every .1% by which the total revenue for Fiscal 2011 exceeds the 2011 Revenue Target.
Company Objectives. 2.1 Subject in each case to any Applicable Regulatory Approval, the Recipients hereby acknowledge and agree that the Company shall conduct its business in accordance with the objectives set forth in Schedule 3 (the “Objectives”) in all respects. In the event the Company fails to comply with any Objective, each Recipient shall, in each case subject to any Applicable Regulatory Approval, take all Necessary Actions as promptly as practicable to cause the Company to comply with such Objective.
Company Objectives. 1. Total revenue of $[XXXXXXXX] — half of the executive’s Company Bonus (the “Revenue Company Bonus”) will be earned if the Company achieves a minimum of $[XXXXXXXX] in total revenue for FY 2008 (the “Revenue Target”), in accordance with the following. None of the Revenue Company Bonus will be earned if the Company achieves less than 91% of the Revenue Target. For each 1% (but not a fraction thereof) above 90% of the Revenue Target that the Company achieves, 10% of the Revenue Company Bonus will be earned, so that at 91% of the Revenue Target, 10% of the Revenue Company Bonus will be earned, at 92% of the Revenue Target, 20% of the Revenue Company Bonus will be earned, up to 100% of the Revenue Company Bonus at 100% of the Revenue Target. In addition, for each 1% (but not a fraction thereof) above 100% of the Revenue Target that the Company achieves, an additional amount equal to 10% of the Revenue Company Bonus will be earned.
Company Objectives. As part of this project the Company would like Veritas to help it achieve the following objective(s): ⮚ Development of a strategic plan for the Company ⮚ Board development advice ⮚ Analyze and propose new sources of funding
Company Objectives. As part of this project the Company would like Veritas to help it achieve the following objective(s): ⮚ Analyze additional funding sources and provide a strategic plan for certification school, especially regarding monetization.
Company Objectives a) The achievement and maintenance of profitable trading which has been derived from the delivery of ethical, high quality and effective services to the company’s clients b) Retention of existing contracts
Company Objectives. For the year ended December 31, 2006, Consultant shall receive an Incentive Fee (the "Company Objective Incentive") of $50,000, provided that all three of the following objectives are accomplished in 2006: (i) Internal management information systems consisting of a customer database and point-of-sale system that are in place, and fully-functional at every store and at headquarter; (ii) hiring key management personnel, which positions shall be identified and agreed to by the Consultant and the Board consent no later than May 31, 2006 and should include at least a Chief Financial Officer, and other key executive positions or functions to be determined by CEO and Board; and (iii) the completion of a franchise offering circular and commencement of a franchise program. Such Company Objective Incentive, if earned, would be paid to the Consultant in a lump sum no later than March 31, 2007.
