ROIC Modifier Sample Clauses

ROIC Modifier. The “ROIC Modifier” for a particular Fiscal Year shall be determined as indicated in the table below by comparing the Company’s ROIC for such Fiscal Year to the ROIC Goal for such Fiscal Year (expressed as a percentage): Attainment of ROIC Goal (ROIC/ROIC Goal) ROIC Modifier Less than or equal to 89% 75% Greater than 89% but less than 107% 100% Greater than or equal to 107% 125% In no event shall the ROIC Modifier for a Fiscal Year be more than 125%.
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ROIC Modifier. Following the completion of the ROIC Performance Period, the ROIC PRSU Amount will be adjusted by the ROIC Modifier as set forth below (the “ROIC Modifier”): • If the Company achieves less than a performance at less than the threshold level as noted on Exhibit A, then the ROIC Modifier will be equal to ___. • If the Company achieves a performance between the threshold and target levels as noted on Exhibit A, then the ROIC Modifier will be _______ (linearly interpolated). • If the Company achieves a performance between the target and stretch levels as noted on Exhibit A, then the ROIC Modifier will be _______ (linearly interpolated).

Related to ROIC Modifier

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Operating Expense Limit.

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