Examples of Adjusted ROIC in a sentence
There are two periods during which the performance goal measures apply (each a “Performance Period”): a one-year performance period applies to the Adjusted EBITDA goal (the “One-Year Goal”) and a three-year performance period applies to the Average Adjusted ROIC goal (the “Three-Year Goal”).
Management uses Adjusted ROIC to measure ADM’s performance by comparing Adjusted ROIC to its weighted average cost of capital (WACC).
Except as otherwise provided herein, Participant’s Adjusted ROIC Performance Units shall be earned on the Award Date (defined in paragraph 5) in a percentage determined by the performance level for the 3-Year Adjusted ROIC achieved during the Measurement Period, as set forth on Exhibit A.
Adjusted ROIC is Adjusted ROIC earnings divided by adjusted invested capital.
The performance-based RSUs awarded to certain members of our management team are subject to performance conditions such that the number of shares that ultimately vest depends on the Adjusted EPS and Adjusted ROIC achieved by the Company during the performance period compared to targets established at the award date.