Common use of MEASURE DEFINITIONS Clause in Contracts

MEASURE DEFINITIONS. Your VDI Award performance criteria are comprised of two measures: New Awards Gross Margin Dollars and New Awards Gross Margin Percentage (the “Performance Targets”). New Awards Gross Margin Dollars measures the total amount of project gross margin that the Company expects to receive as a result of projects awarded within the Performance Period described below. New Awards Gross Margin Percentage is the total amount of gross margin the Company expects to receive as a result of projects awarded within the Performance Period as a percentage of expected revenue from those projects.

Appears in 2 contracts

Samples: Form of Value Driver Incentive Award Agreement (Fluor Corp), Form of Value Driver Incentive Award Agreement (Fluor Corp)

AutoNDA by SimpleDocs

MEASURE DEFINITIONS. Your VDI Award performance criteria are comprised of two measures: New Awards Gross Margin Dollars dollars and New Awards Gross Margin Percentage (the “Performance Targets”). New Awards Gross Margin Dollars dollars measures the total amount of project gross margin that the Company expects to receive as a result of projects awarded within the Performance Period described belowperformance period. New Awards Gross Margin Percentage percentage is the total amount of gross margin the Company expects to receive as a result of projects awarded within the Performance Period performance period as a percentage of expected revenue from those projects.

Appears in 2 contracts

Samples: Form of Value Driver Incentive Award Agreement (Fluor Corp), Form of Value Driver Incentive Award Agreement (Fluor Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.