Revenue Goal has the meaning ascribed to that term in Section 2 of Appendix II.
Revenue Goal means eighty-five percent (85%) of the Company's revenue goal for each fiscal year during the Employment Term occurring after the first year of the Employment Term, as set forth in its business plan for such year; provided that for the fiscal year from January 1, 2000 through December 31, 2000 the Revenue Goal shall be $20,000,000. For purposes hereof, the Market Cap Test shall be based on the average of the number of shares outstanding and closing prices for the Company's Common Stock for the thirty (30) days ended December 31 of the applicable year, compared to the comparable thirty (30) day period in the prior year. The calculation of whether any Performance Bonus is due for any fiscal year during the Employment Term occurring thereafter, as applicable, shall be made by the Board of Directors promptly after the end of the fiscal year in respect of the Market Cap test and upon the Company's issuance of its audited annual financial statements in respect of the Revenue Goal test. The Performance Bonus, if earned, shall be paid in the form of options to purchase shares of the Company's Common Stock valued at an exercise price equal to the average of the closing market price of the shares of the Company's Common Stock for the thirty (30) days prior to the end of the applicable fiscal year. Any options issued in respect of the Performance Bonus shall be subject to the terms and provisions of the Company's 1999 Stock Option Plan or, if no shares are available under such Plan, or any subsequently enacted stock option plan, as applicable, except that they may be exercised in any amount, at any time after being vested until three (3) years from date of termination of employment and are irrevocable during that period. Should there not be sufficient options available or usable under said Stock Option Plans, the Company will use its best efforts to cause a new stock option plan to be adopted which will cover the options subject to the Performance Bonus. If no new stock option plan is adopted, the Company will grant SAR's or make a cash payment to the Executive of substantially similar value, within one hundred eighty (180) days from the date that it is determined that a sufficient number of options are not available.
Revenue Goal means the Company’s Annual Revenue Run Rate equaling or exceeding $600,000,000. ||| Non-Founder Employee PSU Award Agreement GUARDANT HEALTH, INC. 2018 INCENTIVE AWARD PLAN PERFORMANCE-BASED RESTRICTED STOCK UNIT GRANT NOTICE Guardant Health, Inc., a Delaware corporation (the “Company”), has granted to the participant listed below (“Participant”) the performance-based Restricted Stock Units (the “PSUs”) described in this Performance-Based Restricted Stock Unit Grant Notice (this “Grant Notice”), subject to the terms and conditions of the 2018 Incentive Award Plan (as amended from time to time, the “Plan”), the Performance-Based Restricted Stock Unit Agreement attached as Exhibit A and the Vesting Schedule attached as Exhibit B (Exhibits A and B collectively, the “Agreement”), all of which are incorporated into this Grant Notice by reference. Capitalized terms not specifically defined in this Grant Notice or the Agreement have the meanings given to them in the Plan. Participant: [_______] Grant Date: [_______] Number of PSUs: [_______] Vesting Schedule: Exhibit B By accepting (whether in writing, electronically or otherwise) the PSUs, Participant agrees to be bound by the terms of this Grant Notice, the Plan and the Agreement. Participant has reviewed the Plan, this Grant Notice and the Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of the Plan, this Grant Notice and the Agreement. Subject to the terms of this Grant Notice and the Agreement, Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions arising under the Plan, this Grant Notice or the Agreement. GUARDANT HEALTH, INC. PARTICIPANT By: Name: [Participant Name] Title: ||| EXHIBIT A PERFORMANCE-BASED RESTRICTED STOCK UNIT AGREEMENT Capitalized terms not specifically defined in this Performance-Based Restricted Stock Unit Agreement have the meanings specified in the Grant Notice or the exhibits to the Grant Notice or, if not defined in the Grant Notice and its exhibits, in the Plan.
Examples of Revenue Goal in a sentence
For fiscal 2017, the 2017 performance target for was based on 50% of the Company’s achievement of the Revenue Goal of $30.3 million, and 50% of the Company’s achievement of the adjusted EBITDA loss goal of ($2.4) million, as established by the Compensation Committee and approved by the Board.
The amount of the Revenue Supplement is equal to the difference between the Mining Revenue and the City Revenue Goal, except that in no event shall the Revenue Supplement exceed $125,000 for that calendar year.
Failing agreement on the Revenue Goal or the FA Budget, or both, the negotiators will submit their positions to the Dispute Resolution Procedure as described in Attachment B hereto.
Failing agreement on adjustments to the Revenue Goal or the FA Budget, or both, such adjustments to the Revenue Goal or the FA Budget, or both, will be determined as provided in Section 4.1 above.
In the event that the Festival Net Revenue fails to equal or exceed the Festival Net Revenue Goal, the City shall make available to the UBA an amount equal to one-half the difference between the Festival Net Revenue and the Festival Net Revenue Goal up to a maximum of five thousand dollars ($5,000).
More Definitions of Revenue Goal
Revenue Goal has the meaning set forth in Section 3.7(g).
Revenue Goal means $16,000,000.
Revenue Goal means for the year ending December 31, 2014, $[Compensation Committee to set Revenue Goal between $2.0 billion and $2.5 billion at February meeting].
Revenue Goal means the goal related to Revenue for each of the Performance Measurement Periods approved by the Compensation Committee of the Board in connection with the grant of the Award.
Revenue Goal. 2.3 "SubCorp" Preamble "Subsidiary" 4.6 "Surviving Corporation" 1.1 "Taxes" 4.11 AGREEMENT AND PLAN OF MERGER THIS IS AN AGREEMENT AND PLAN OF MERGER (this "Agreement"), dated as of February 27, 1998, by and among INTRATEL GROUP, LTD., a Delaware corporation ("IntraTel"), INTRATEL ACQUISITION/NATN CORPORATION, a Delaware corporation ("SubCorp"), NORTH AMERICAN TELEPHONE NETWORK, L.L.C., a Georgia limited liability company ("NATN"), and each of the members of NATN, who are listed on the signature pages of this Agreement (collectively, the "Members" and individually, a "Member"). NATIONAL SERVICE DIRECT, INC., a Georgia corporation ("NSDI"), has joined as a party to this Agreement for the limited purpose of agreeing to be bound by Section 7.9 of this Agreement.
Revenue Goal means a Revenue Earn-Out Amount equal to or greater than $70,000,000.
Revenue Goal means the Company’s Annual Revenue Run Rate equaling or exceeding $600,000,000.