Common use of EBITDA Performance Goal Clause in Contracts

EBITDA Performance Goal. Within the first 90 days of each of the Company’s fiscal years Performance Period, the Committee shall establish the “Target” EBITDA performance goal for such fiscal year. At the end of the Performance Period, the cumulative EBITDA Performance for the Performance Period shall be calculated as a percentage of the cumulative EBITDA Target for the same period (the “2017-2019 EBITDA Performance vs. Target Percentage”). The number of Units that vest shall be based on the calculated 2017-2019 EBITDA Performance vs. Target Percentage as follows: Percentage of Units to vest: 50% 100% 200%

Appears in 2 contracts

Samples: Performance Award Agreement (Commercial Metals Co), Performance Award Agreement (Commercial Metals Co)

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EBITDA Performance Goal. Within the first 90 days of each of the Company’s fiscal years Performance Period, the Committee shall establish the “Target” EBITDA performance goal for such fiscal year. At the end of the Performance Period, the cumulative EBITDA Performance for the Performance Period shall be calculated as a percentage of the cumulative EBITDA Target for the same period (the “20172021-2019 2023 EBITDA Performance vs. Target Percentage”). The number of Units that vest shall be based on the calculated 20172021-2019 2023 EBITDA Performance vs. Target Percentage as follows: Percentage of Units to vest: 50% 100% 200%

Appears in 1 contract

Samples: Performance Award Agreement (COMMERCIAL METALS Co)

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EBITDA Performance Goal. Within the first 90 days of each of the Company’s fiscal years Performance Period, the Committee shall establish the “Target” EBITDA performance goal for such fiscal year. At the end of the Performance Period, the cumulative EBITDA Performance for the Performance Period shall be calculated as a percentage of the cumulative EBITDA Target for the same period (the “20172019-2019 2021 EBITDA Performance vs. Target Percentage”). The number of Units that vest shall be based on the calculated 20172019-2019 2021 EBITDA Performance vs. Target Percentage as follows: Percentage of Units to vest: 50% 100% 200%

Appears in 1 contract

Samples: Performance Award Agreement (Commercial Metals Co)

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