Common use of EBITDA Targets Clause in Contracts

EBITDA Targets. Employee shall be entitled to receive a Performance Bonus with respect to a Performance Period if the applicable EBITDA target (the “EBITDA Target”) for such Performance Period has been met: • With respect to Performance Period 1, if EBITDA for such Performance Period equals or exceeds $30 million. • With respect to Performance Period 2, if total EBITDA for Performance Period 1 and Performance Period 2 equals or exceeds $60 million. • With respect to Performance Period 3, if total EBITDA for Performance Period 1, Performance Period 2 and Performance Period 3 equals or exceeds $90 million.