Examples of Organic Revenue in a sentence
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.
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.
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 Units shall be earned based on the achievement of Return on Invested Capital (“ROIC”), Total Organic Revenue Growth % and Relative TSR (each, as defined on Exhibit A attached hereto, and collectively, the “Performance Goals”), respectively, during the period commencing as of January 1, 2024 and ending on December 31, 2026 (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.