Cumulative Adjusted EPS definition
Examples of Cumulative Adjusted EPS in a sentence
The performance payout range for each of the Three-Year Cumulative Adjusted EBITDA and Three-Year Cumulative Adjusted EPS is 0 percent to 167 percent of the Target Number of Units Granted.
The Three-Year Cumulative Adjusted EBITDA and Three-Year Cumulative Adjusted EPS are each a “Core Metric” and together, the “Core Metrics.” [1] S&P Company 1 merges with or acquires S&P Company 2, where 1 is surviving entity = S&P Company 1 Stays, S&P Company 2 is removed.
Company Cumulative Adjusted EPS Percentage of Adjusted EPS Units Earned Maximum 200.0% Above Target 150.0% Target 100.0% Threshold 37.5% Linear interpolation shall be used to determine the percentage of Adjusted EPS Units earned in the event the Company’s cumulative adjusted EPS falls between the (i) Threshold and Above Threshold, (ii) Above Threshold and Target, (iii) Target and Above Target or (iv) Above Target and Maximum performance levels shown in the chart above.
The vesting of performance-based RSUs will be determined based on the Company’s long-term performance as measured by the Company’s Cumulative Adjusted EPS for the years 2006 – 2009.
The Performance Measures for this Award shall be: (a) Cumulative Adjusted EPS and (b) Adjusted EBITDA as a Percentage of Average Net Assets.
For example, if the Cumulative Adjusted EPS for the Performance Period were the 110% of Target, then the EPS Performance Multiplier would be 150%.
The Target Number of Units Granted represents Shares that will be earned should the Three-Year Cumulative Adjusted EPS be met at a “Target” performance level and the Company’s TSR Rank is at the 50th percentile and you remain employed through the vesting period.
Cumulative Adjusted EPS shall mean the sum each of the three EPS earnings reports released by the Company during the Performance Period.
The goals in setting target levels for TFC Absolute Cumulative Adjusted EPS and TFC Relative Adjusted EPS Growth are to align the interests of management with those of the Company’s shareholders, to incent forward-looking and sustained performance, and to drive balanced risk-taking.
The Performance Goal applicable to the Performance Cash Award granted to the Employee pursuant to this Award Agreement shall be Cumulative Adjusted EPS, as defined in Exhibit A attached hereto and made a part of this Award Agreement.