Cumulative Revenues definition
Examples of Cumulative Revenues in a sentence
For the avoidance of doubt, results of acquisitions during the Performance Period will be included in the final calculation of Cumulative Revenues.
Thirty percent of the Target PSUs shall be assigned to Cumulative Revenues, and 70% of the Target PSUs shall be assigned to Cumulative Adjusted Operating Income, and the amount earned as a result of each metric shall be calculated separately, in accordance with the tables below.
Cumulative Revenues is defined as GAAP revenues earned by the company over the Performance Period from April 1, 2021 through March 31, 2024.
The number of Conditional PSUs, if any, shall be determined based on the Company’s performance over the Performance Period as measured by the following two metrics: Cumulative Revenues (as defined below) and Cumulative Adjusted Operating Income (“Cumulative AOI”) (also defined below).