Organic Revenue definition
Examples of Organic Revenue in a sentence
Performance vesting shall be based on achievement against pre-determined targets of Operating Margin, Net Asset Utilization, and Organic Revenue Growth.
The Committee shall establish the Organic Revenue Growth Performance Goal (including a schedule setting forth the threshold, target and maximum performance levels and corresponding goal achievement percentages (each, a “Performance Payout Matrix”)) for each Annual Measurement Period during the Performance Period.
The Organic Revenue Growth Performance Goal and Performance Payout Matrix for each Annual Measurement Period during the Performance Period will be provided to you in a separate notification.
For the avoidance of doubt, (i) in no event will the calculation of a positive Organic Revenue Growth Performance Goal Achievement Percentage for any Annual Measurement Period be construed to guarantee that any Common Shares will be distributed to you on the Settlement Date (as defined below) and (ii) the achievement percentages for each Annual Measurement Period are determined solely for purposes of determining the Average Performance Goal Achievement Percentage for the Performance Period.
For purposes of illustration only, assuming that the Participant’s Service terminates due to Retirement on February 1, 2026, the Participant will be entitled to receive a pro-rata portion (25/36th) of the Units that are earned based on actual ROIC, Total Organic Revenue Growth %, and Relative TSR results for the Performance Period.