Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s net income from continuing operations available to common shareholders excluding special items for the Award Period, as disclosed and discussed in the earnings release, must be positive and the Company must achieve a minimum EBIT threshold of $ . If both of the above minimum performance measurements are achieved, you may be eligible to receive up to 225% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 4 contracts
Samples: Incentive Award Agreement (Officemax Inc), Incentive Award Agreement (Officemax Inc), Incentive Award Agreement (Officemax Inc)
Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s Company must achieve positive net income from continuing operations available to OfficeMax common shareholders excluding adjusted for special items for the Award Period, as disclosed and discussed in the earnings release, must be positive and the Company must achieve a minimum EBIT threshold of $ . If both of the above minimum performance measurements are achieved, then you may be eligible to receive up to 225175% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 2 contracts
Samples: 2013 Annual Incentive Award Agreement (Officemax Inc), Incentive Award Agreement (Officemax Inc)
Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s Company must achieve positive net income from continuing operations available to OfficeMax common shareholders excluding adjusted for special items for the Award Period, as disclosed and discussed in the earnings release, must be positive release and the Company must achieve meet a minimum EBIT threshold of $ $xxx.x million. If both of the above minimum performance measurements are achieved, you may be eligible to receive up to 225175% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 2 contracts
Samples: Officemax Incorporated (Officemax Inc), Incentive Award Agreement (Officemax Inc)
Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s Company must achieve positive net income from continuing operations available to OfficeMax common shareholders excluding adjusted for special items for the Award Period, as disclosed and discussed in the earnings release, must be positive and the Company must achieve a minimum EBIT threshold of $ . If both of the above minimum performance measurements are achieved, you may be eligible to receive up to 225% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 1 contract
Samples: 2011 Annual Incentive Award Agreement (Officemax Inc)
Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s Company must achieve positive net income from continuing operations available to OfficeMax common shareholders excluding adjusted for special items for the Award Period, as disclosed and discussed in the earnings release, must be positive and the Company must achieve a minimum EBIT threshold of $ . If both of the above minimum performance measurements are achieved, then you may be eligible to receive up to 225200% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 1 contract
Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s Company must achieve positive net income from continuing operations available to OfficeMax common shareholders excluding adjusted for special items for the Award Period, as disclosed and discussed in the earnings release, must be positive release and the Company must achieve meet a minimum EBIT threshold of $ $xxx.x million. If both of the above minimum performance measurements are achieved, you may be eligible to receive up to 225200% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 1 contract
Minimum Performance Measurement. As a condition of payment of the Award, both the Company’s net income from continuing operations available to common shareholders excluding special items for the Award Period, as disclosed and discussed in the earnings release, must be positive and the Company must achieve a minimum EBIT threshold of $ . $63.0M. If both of the above minimum performance measurements are achieved, you may be eligible to receive up to 225% of your Target Award. The actual amount of your Award will be determined pursuant to and in accordance with paragraph 5.
Appears in 1 contract