EBITDA Target. “EBITDA Target” for any given Applicable Year shall be as set forth in Appendix B of this Agreement, subject to the provisions of Section 3.3.
EBITDA Target. Up to 50% of the Performance Stock Units that would otherwise vest under the Award Agreement based on satisfaction of Performance Targets for the 2018 Performance Year shall vest based on EBITDA performance determined as follows: EBITDA TARGET WITHOUT BONUS (1) PERCENT ACHIEVEMENT (2) (3) AMOUNT TO VEST $834,000,000 100% 100% $825,660,000 99% 99% $817,320,000 98% 98% $808,980,000 97% 90% $800,640,000 96% 75% $792,300,000 95% 60% $783,960,000 94% 45% $775,620,000 93% 30% $767,280,000 92% 25% $758,940,000 91% 15% $750,600,000 90% 10% Less than $750,600,000 BELOW RANGE 0% 0%
EBITDA Target. RM2 shall have achieved an EBITDA run rate of $6,043,000 (such run rate target shall be decreased to $5,444,000 if the per issue pricing of RM2’s contract with Serta Xxxxxxx is not updated to $10.00 per trip in 2021 rising to $12.50 per trip in 2022) ) (the “EBITDA Target”); and
EBITDA Target. See Exhibit A.
EBITDA Target. “EBITDA Target” for any given Fiscal Year shall be the projected EBITDA set forth in the Company’s and its consolidated subsidiaries’ annual business plan (or budget), as approved by the Board, subject to the provisions of Section 2.1(d).
EBITDA Target. (i) Subject to subsection (iii) below, if on each of the last day of Fiscal Years 1999, 2000, 2001 and 2002, the Annual EBITDA Actual is greater than the Annual EBITDA Baseline set forth for such date, then the Class B Percentage Interest of GGEP shall be increased by adding to it the Annual EBITDA Increase.
EBITDA Target. 4 employee pension benefit plan....................................... 14
EBITDA Target. An additional amount equal to up to seventeen and one-half percent (17.5%) of the Target Amount will be payable to you if both (i) you are employed by the Company continuously through January 31, 2012 and (ii) the Company and its consolidated subsidiaries achieve an Adjusted EBITDA for calendar year 2011 of [performance metrics established by Compensation Committee for 2011 plan]. This portion of the bonus will be payable in the Company’s first regular payroll after the date on which the board of directors of the Company (the “Board”) determines whether or not the performance target was achieved based on the completion of the Company’s audit (but no later than March 15, 2012).
EBITDA Target. Annual EBITDA Targets for each applicable fiscal year are as follows: Fiscal Year Annual EBITDA Target ----------- -------------------- 1998 $ 69,500,000 1999 $ 86,300,000 2000 $102,500,000 2001 $117,600,000 2002 $130,600,000
EBITDA Target. In the event that the EBITDA (as defined below) ------------- of the Company for any consecutive period of twelve calendar months ending after the Closing Date and on or prior to December 31, 1998 equals or exceeds $XXX ("EBITDA Target"), the Stockholders shall be entitled to receive from Parent, within ninety days after the end of any such twelve month period in which the EBITDA Target was met, additional purchase price consideration in the form of XXX shares of Parent Common Stock (the "Additional Shares") (adjusted for any stock splits or similar events from the date of this Agreement) and such additional purchase price consideration shall be delivered to the Stockholders in the percentages as set forth on Exhibit 1.1 attached hereto. In the event the EBITDA Target is not achieved by December 31, 1998, the Stockholders shall be entitled to receive from Parent, on or before March 31, 1999, additional purchase price consideration of XXX shares of Parent Common Stock (adjusted for any stock splits or similar events from the date of this Agreement) for each dollar of the excess, if any, of (i) EBITDA for the twelve months ending on December 31, 1998 over (ii) $XXX (the "EBITDA Excess"), and such additional purchase price consideration shall be delivered to the Stockholders in the percentages as set forth in Exhibit 1.1 attached hereto (rounded up or down to the nearest whole share). For the purposes of this Agreement, the term "EBITDA" shall mean the sum of (1) Net After-Tax Income (as defined below), plus (2) the amount of income and franchise taxes deducted from Net After-Tax Income, plus (3) the amount of depreciation and amortization deducted from Net After-Tax Income, plus (4) the amount of interest expense deducted from Net After-Tax Income (the amounts in clauses (1) through (4) to be determined in accordance with GAAP); provided that if the Company acquires the assets or business of another person or entity after the date hereof and prior to or during the relevant EBITDA measurement period, the EBITDA of the Company will include the net earnings generated from such assets or business reduced by a "cost of capital charge" equal to XXX% per annum on the acquisition cost of such assets and business (including all related transaction costs and the amount of any debt assumed in the transaction). The term "Net After-Tax Income" shall mean the net income (or loss) of the Company for the period in question after deduction for income, franchise and other tax...
