Common use of Target EBITDA Clause in Contracts

Target EBITDA. The Target EBITDA shall be established each budget year by the Board of Directors of the Company based on the Company’s annual budget and the Plan shall be administered by the Compensation Committee accordingly.

Appears in 8 contracts

Sources: Stock Incentive Plan Award Agreement (Foundation Coal Holdings, Inc.), Stock Incentive Plan Award Agreement (Foundation Coal Holdings, Inc.), Stock Incentive Plan Award Agreement (Foundation Coal Holdings, Inc.)

Target EBITDA. The Target EBITDA shall be established each budget fiscal year by the Board of Directors of the Company based on the Company’s annual budget and the Plan shall be administered by the Compensation Committee accordinglyCommittee.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)