Relative Cumulative ROIC definition

Relative Cumulative ROIC means the percentile ranking of the Cumulative ROIC of the Company in relation to the Cumulative ROIC of each of the Peers, as calculated by the Committee in good faith applying a reasonable statistical method.

Examples of Relative Cumulative ROIC in a sentence

  • Relative Absolute Change in ROIC and Relative Cumulative ROIC will each be measured independently and then compared against the Peers.

  • The payout for the number of Performance Units awarded to a Participant under a Performance Unit Award will be determined under Section 3 and will be based in part upon the achievement of the following weighted Performance Goals: (1) Relative Absolute Change in ROIC and Relative Cumulative ROIC and (2) Relative Cumulative Free Cash Flow Divided by Cumulative Adjusted EBITDA.

  • For purposes of illustration only, if Relative Absolute Change in ROIC is attained at the 35th percentile, resulting in 70% performance attainment, and Relative Cumulative ROIC is attained at the 20th percentile, resulting in 0% performance attainment, the percentage of the PSUs for which the Performance Condition will be deemed satisfied will equal 35% (i.e., the average of 70% and 0%).

  • The (1) Relative Absolute Change in ROIC and Relative Cumulative ROIC and (2) Relative Cumulative Free Cash Flow Divided by Cumulative Adjusted EBITDA Performance Goals are equally weighted.

  • As soon as possible after a conversion has been effected (but in any event within ten (10) Business Days of all legal requirements for the issuance of said Conversion Shares having been met), the Company shall deliver to the Payee a certificate or certificates representing the number of Conversion Shares issuable by reason of such conversion in the name of the Payee.

  • The Relative Absolute Change in ROIC and Relative Cumulative ROIC Performance Goals collectively have a weighting of 50 percent and are split equally with 25 percent weighted 4 Insert the first year of the Performance Period.

  • Relative Absolute Change in ROIC / Relative Cumulative ROIC (Percentile v.

Related to Relative Cumulative ROIC

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.