Adjusted EBITDA Growth definition
Adjusted EBITDA Growth means the percentage change in Adjusted EBITDA Per Share for any Year compared to the Adjusted EBITDA Per Share for the prior Year.
Adjusted EBITDA Growth means, with respect to any Performance Year, the percentage derived from applying the following formula: (i) the Company’s actual Adjusted EBITDA for such Performance Year, divided by (ii) the Company’s actual Adjusted EBITDA for the calendar year immediately preceding such Performance Year, minus (iii) one.
Adjusted EBITDA Growth means the growth percentage of the Corporation’s Adjusted EBITDA, to be measured utilizing CAGR, during the Performance Period.
Examples of Adjusted EBITDA Growth in a sentence
All PRSUs that do not become Actual PRSUs shall be cancelled and be null and void on the date the Committee calculates the Adjusted EBITDA Growth Rate for the last calendar year in the Performance Period, which shall occur within sixty (60) days of the end of the Performance Period (the “Calculation Date”).
For the applicable Performance Periods (as set forth in Exhibit A), the metrics for the Performance Goals shall be (a) LTL Adjusted EBITDA Growth (weighted 35%), (b) LTL Adjusted Operating Ratio Improvement (weighted 40%), and (c) the Company’s Relative Total Shareholder Return (Index) (weighted 25%).
If the Company’s Adjusted EBITDA Growth Factor during the Performance Period is between two achievement levels, the Adjusted EBITDA Growth Achievement Percentage shall be determined by linear interpolation between the applicable achievement levels.
The determination of performance of the Company for purposes of the Revenue Growth, the Adjusted EBITDA Growth and the Adjusted Earnings Per Share Growth shall be determined using the amounts for such measures that the Company disclosed as part of its annual Form 10-K.
Nothing in this Amendment will affect the right of any party to this Amendment to serve process in any other manner permitted by law.
More Definitions of Adjusted EBITDA Growth
Adjusted EBITDA Growth means the growth rate with respect to Adjusted EBITDA and shall be expressed as a percentage (rounded to the nearest tenth of a percent) and shall be calculated for the Performance Period using the following formula:
Adjusted EBITDA Growth means the percentage change in EBITDA for any Year compared to the prior Year's EBITDA, with EBITDA adjusted as follows: to the extent that any portion of the commodity inventory of the Company and its subsidiaries is valued pursuant to GAAP at the end of any Year at the lower of cost or market value, the EBITDA for such Year will be increased by the amount of any unrealized gains which the Company would have recognized in that Year if such commodity inventory had been valued at market in accordance with GAAP.
Adjusted EBITDA Growth means the increase in Adjusted EBITDA of the Company during the Performance Period.
Adjusted EBITDA Growth means the growth rate with respect to Adjusted EBITDA, which shall be expressed as a percentage (rounded to the nearest tenth of a percent) and calculated for the Performance Period based on the sum of annual Adjusted EBITDA growth rates for each fiscal year during the Performance Period.
Adjusted EBITDA Growth means the difference between EBITDA for the relevant year and EBITDA for the previous year adjusted to (1) exclude results from any acquisitions that occurred during the year or that were not included in the full prior year results, (2) exclude the results of any disposition that occurred during the year from that year and the previous year’s results, (3) exclude any extraordinary or unusual nonrecurring items of income or expense (including without limitation restructuring charges, severance, write off of goodwill, future lease expense and similar items).
Adjusted EBITDA Growth means (i) the Company’s Adjusted EBITDA for the Performance Period minus the Company’s Adjusted EBITDA for fiscal year [ ], divided by (ii) the Company’s Adjusted EBITDA for fiscal year [ ].
Adjusted EBITDA Growth means the increase in Adjusted EBITDA of the Company during the Performance Period. “AEG Target Award” has the meaning set forth in Section 1 hereof. “Cause” shall mean, with respect to the Participant, one or more of the following: (a) the plea of guilty or nolo contendere to, or conviction of, the commission of a felony offense, (b) any act of willful fraud, dishonesty or moral turpitude that causes a material harm to the Company or any Subsidiary or Affiliate, (c) gross negligence or gross misconduct with respect to the Company or any Subsidiary or Affiliate, (d) willful and deliberate failure to perform his or her employment duties in any material respect, or (e) breach of a material written employment policy of the Company or any Subsidiary or Affiliate; provided, however, that in the case of a Participant who has an employment agreement with the Company or any Subsidiary or Affiliate in which “Cause” is defined, “Cause” shall be determined in accordance with such definition. “Certification Date” has the meaning set forth in Section 3 hereof. “Disability” has the meaning set forth in the Company's long-term disability plan. “Maximum Goal” means, as to either TSR or AEG, the performance level that the Company must achieve in order for two hundred percent (200%) of the TSR Target Award or the AEG Target Award, as the case may be, to vest and become nonforfeitable. “Peer Group” means Exhibit A attached hereto. A company that ceases to be publicly traded at any time prior to the end of the Performance Period shall cease to qualify as a member of the Peer Group. “Performance Goal” means, as to either TSR or AEG, the Threshold Goal, the Target Goal and the Maximum Goal described under Section 5 hereof. “Performance Period” has the meaning set forth in Section 3 hereof. “Retirement” shall mean a termination of the Participant's Service when (i) the Participant is age sixty-five (65) or older or (ii) the Participant is age fifty-nine and half (59 ½) or older but not yet age sixty-five (65) and has not less than five (5) full years of Service. “Target Award” has the meaning set forth in Section 1 hereof. “Target Goal” means, as to either TSR or AEG, the performance level that the Company must achieve in order for one hundred percent (100%) of the TSR Target Award or the AEG Target Award, as the case may be, to vest and become nonforfeitable. EXHIBIT 10.34 “Threshold Goal” means, as to either TSR or AEG, the minimum performance level that the Company must achie...