Organic Growth Performance Factor definition

Organic Growth Performance Factor means the percentage by which the [cumulative organic revenue growth of the Corporation during the period from [January 1, 2007 through December 31, 2009] exceeds the average organic revenue growth of the entities set forth on Schedule A hereof (the “Peer Group”) during the same period], as determined by the Committee.
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Examples of Organic Growth Performance Factor in a sentence

  • In the event that the Organic Growth Performance Factor is more than 1% but less than 25%, then the Initial Transfer Restrictions will lapse with respect to a pro-rata portion of the Organic Growth Target Award on the Vesting Date determined based on the ratio the actual level of achievement of the Organic Growth Performance Factor bears to 25%, so long as that the Grantee continues to be employed by the Corporation on such Vesting Date.

  • In the event that the Corporation achieves an Organic Growth Performance Factor of at least 25% as of [December 31, 2009], then the Initial Transfer Restrictions will lapse with respect to 33% of the ▇▇▇▇ ▇▇▇ Award (the “Organic Growth Target Award”) on [March 15, 2010] (the “Vesting Date”) so long as the Grantee continues to be employed by the Corporation on such Vesting Date.