Organic Adjusted EBITDA definition
Examples of Organic Adjusted EBITDA in a sentence
Organic Adjusted EBITDA shall exclude franchisor contributions to advertising funds.
The number of Performance Units that become Earned Units is determined based on the level of achievement during the Performance Period based on the following Performance Measures: 50% Organic Adjusted EBITDA (millions) 20% NRG 30% Comparable Sales *Amounts between Threshold and Target and Target and Maximum will be based on linear interpolation to determine the Percentage Earned.
The RSUs will entitle the Executive to receive a payout as set forth below based upon the Company’s achievement of compounded organic adjusted EBITDA growth over a three- year period above the Company’s 2022 actual adjusted EBITDA subject to the terms of the applicable award agreement: Performance Level Organic Adjusted EBITDA Achievement Payout(% of Target PSUs) Payout will be linearly interpolated for EBITDA achievement between levels once the Threshold has been achieved.