ROIC. The three-year average annual Return on Invested Capital. Return on Invested Capital is calculated for each fiscal year in the Performance Period by dividing the Company’s NOPAT for such period by the Company’s Average Invested Capital for such period. The ROIC is compared to the performance objectives set forth in your Summary of Performance Objectives to determine the vesting percentage.
Appears in 6 contracts
Samples: Restricted Stock Unit Award Agreement (Schulman a Inc), Restricted Stock Unit Award Agreement (Schulman a Inc), Restricted Stock Unit Award Agreement (Schulman a Inc)