Examples of Economic Value Added in a sentence
It is anticipated that, for fiscal year 1998, the bonus plan will be based on Economic Value Added, while for fiscal 1999 and after the plan will be based on EBITDA.
By way of clarification, except to the extent such amounts have been accrued or earned as of the date of termination, Employee shall not be entitled to any bonus payout under any Company plan or program, including, without limitation, any Economic Value Added bonus plan of which Employee is a participant, in the event Employee's employment is terminated by the Company pursuant to this section 6(b).
The criteria to be considered in agreeing the LTIP shall include Economic Value Added and such targets and other criteria as may be agreed in good faith between Company and Parent.
When Company performance is based on Economic Value Added or other quantifiable financial or accounting measure, it may be necessary to exclude significant, unusual, unbudgeted or noncontrollable gains or losses from actual financial results in order to measure performance properly.
Economic Value Added (EVA): A measurement of shareholder value as a company's operating profits after tax, less an appropriate charge for the capital used in creating the profits.