Common use of ROIC Clause in Contracts

ROIC. Return on Invested Capital, determined for the four fiscal quarters beginning each December 1 and ending November 30 during the Performance Period, calculated by dividing the Company’s NOPAT for such period by the Company’s Average Invested Capital for such period.

Appears in 2 contracts

Samples: Award Agreement (Schulman a Inc), Award Agreement (Schulman a Inc)

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ROIC. Return on Invested Capital, determined for the four fiscal quarters beginning each December 1 and ending November 30 during the Performance Period, calculated by dividing the Company’s 's NOPAT for such period by the Company’s 's Average Invested Capital for such period.

Appears in 2 contracts

Samples: Award Agreement (Schulman a Inc), Award Agreement (Schulman a Inc)

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