Examples of Adjusted EBITDA Threshold in a sentence
The applicable performance measures for the 2020 Base PBRSUs are as follows and include straight-line interpolation between threshold and target Adjusted EBITDA: Threshold – $2,500 million2020 PBRSU Performance PeriodPerformance Goal: Adjusted EBITDAMeasurement PeriodTarget – $3,000 million Under the 2020 PBRSUs, in the event that the Adjusted EBITDA target is reached, a “gate” opens such that the grantee would become eligible to receive additional PBRSUs pursuant to the Upside PBRSU award.
All projects should run the APR for 07/01/2013-6/30/2014 and attach a copy to the application for each project included in the chart.
For 2018, each NEO was to begin earning an Adjusted EBITDA Bonus when Adjusted EBITDA exceeded the Adjusted EBITDA Threshold of $139.3 million.
The applicable performance measures for the 2020 Base PBRSUs were as follows and included straight-line interpolation between threshold and target Adjusted EBITDA: Threshold – $2.5 billion2020 PBRSU Performance PeriodPerformance Goal: Adjusted EBITDAMeasurement PeriodTarget – $3.0 billion Under the 2020 PBRSUs, in the event that the Adjusted EBITDA target was reached, a “gate” would open such that the grantee would become eligible to receive additional PBRSUs pursuant to the Upside PBRSU award.
For the avoidance of doubt, any calculation relating to the applicable Adjusted EBITDA Threshold or Adjusted EBITDA Adjustment Amount shall be calculated in accordance with historical practice as reflected in the Company’s Form 8-K dated as of April 17, 2018 (which is attached hereto as Exhibit C).