Revenue Growth Rate definition
Revenue Growth Rate means a percentage equal to (i) the Company’s aggregate revenue for a Measurement Period divided by (ii) the Company’s aggregate revenue for the Comparative Period .
Revenue Growth Rate for a given year will equal the percentage equivalent of the quotient determined by dividing (A) total Revenues for such year minus total Revenues for the immediately prior year by (B) total Revenues for such immediately prior year. For this purpose, the Revenue Growth Rate for 2004 is determined by subtracting 2003 Revenues from 2004 Revenues and dividing such amount by 2003 Revenues; the Revenue Growth Rate for 2005 is determined by subtracting 2004 Revenues from 2005 Revenues and dividing such amount by 2004 Revenues; and the Revenue Growth Rate for 2006 is determined by subtracting 2005 Revenues from 2006 Revenues and dividing such amount by 2005 Revenues. For purposes of this Agreement, the Average Revenue Growth Rate will be rounded up or down, as the case may be, to the nearest one-tenth of one percent.
Revenue Growth Rate means the Company’s constant currency compound annual revenue growth rate over the Performance Period, inclusive of revenue attributable to acquisitions, except that, unless otherwise determined by the Compensation Committee, revenue attributable to acquisitions shall be reduced by the base annual revenue of the acquired company (measured based on the revenue of the acquired company for the twelve (12)-month period immediately prior to the closing of the acquisition) for the period of time such acquired company is an Affiliate of the Company during the Performance Period, with the intent that only organic revenue increase relating to the acquired company following the closing of the acquisition shall be included in the Revenue Growth Rate calculation, provided that the Compensation Committee may determine to exclude revenue, in whole or in part, attributable to any acquisition or other acquired company during the Performance Period in its discretion.
Examples of Revenue Growth Rate in a sentence
The annual cash bonus due under this Section 4(e) shall be calculated as follows: Annual $Bonus = Annual $ Base Salary x [.75 x (Annual Revenue Growth Rate - 30%) + 1.25 x (Annual Net Earnings Growth Rate - 30%)] Attached hereto as Exhibit B is a matrix of examples to illustrate the application of the above formula.
At the end of the Performance Period, your Tentative Award may be increased or decreased based on the relative rank of the Company’s Total Revenue Growth Rate and the Company’s Return On Net Tangible Assets (RONTA) compared a peer group consisting of five (5) other trucking companies identified in Exhibit A (the “Peer Group") that have a comparable business focus to that of the Company.
Total Shareholder Return (as measured by TSR Percentile Rank) and Revenue Growth Rate shall be the Performance Criteria under the Award.
Fifty percent (50%) of the Target Award will be eligible to be earned subject to the terms and conditions of Section 3 of this Exhibit A based on Total Shareholder Return (as measured by TSR Percentile Rank) of the S&P 500 Health Care Companies (the “TSR PSUs”) and the remaining fifty percent (50%) of the Target Award will be eligible to be earned subject to the terms of conditions of Section 4 of this Exhibit A based on Revenue Growth Rate (the “Revenue PSUs”).
During a Covenant Testing Period, permit the Revenue Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than (i) ten percent (10%) for each fiscal quarter ending on or prior to December 31, 2021, commencing with the fiscal quarter ending March 31, 2021, and (ii) five percent (5%) for each fiscal quarter ending thereafter.
More Definitions of Revenue Growth Rate
Revenue Growth Rate the amount (expressed as a percentage) of (a) (i) the Borrower’s consolidated total revenues determined in accordance with GAAP for any trailing 4 fiscal quarter period (the “Test Period”) minus (ii) the Borrower’s consolidated total revenues determined in accordance with GAAP for the same trailing 4 fiscal quarter period of the immediately preceding year divided by (b) the Borrower’s consolidated total revenues determined in accordance with GAAP for the same trailing 4 fiscal quarter period of the immediately preceding year (the “Prior Period”); provided that if the Borrower has consummated a Permitted Acquisition, other merger or acquisition permitted hereunder, or any disposition of any business, including any division or line of business, or assets permitted hereunder (each, a “Specified Transaction”) during the Test Period, the Borrower’s consolidated total revenues for the Prior Period shall be recalculated, adjusted and determined on a pro forma basis as if such transaction occurred on the first day of the Prior Period.
Revenue Growth Rate for a specified year shall mean a percentage obtained by dividing (i) the Company's total revenues for such specified year, as publicly reported by the Company minus the Company's total revenues for the year immediately preceding such specified year, as publicly reported by the Company, by (ii) the Company's total revenues for the year immediately preceding such specified year, as publicly reported by the Company. For example, the Revenue Growth Rate for 1999 would be equal to (i) the Company's total revenues for 1999 minus the Company's total revenues for 1998 divided by (ii) the Company's total revenues for 1998.
Revenue Growth Rate means for each fiscal year of the Performance Period, the Revenue for such fiscal year minus the Revenue for the preceding fiscal year with such result divided by the Revenue for such preceding fiscal year. For example, if Revenue for Year 1 is $750,000,000 and Revenue for Year 2 is $900,000,000, then the Year 2 Revenue Growth Rate would equal 20% (equal to ($900,000,000 - $750,000,000)/$750,000,000)).
Revenue Growth Rate means the percentage increase in the Company’s Gross Revenue from the prior year to the year of grant, determined as (A-B) ÷ B, where A equals the Company’s Gross Revenue the year of grant and B equals $[•](the Company’s Gross Revenue for the prior year). If a Change in Control occurs during the year, the “Revenue Growth Rate” will be calculated in accordance with the same formula except that A will be an amount equal to the Company’s Gross Revenue for the period beginning on January 1 of the year of grant and ending on the last day of the calendar quarter that ends prior to the date of the Change in Control (the “Short Year”), and B will be an amount equal to the Company's Gross Revenue for the corresponding period in the prior year.
Revenue Growth Rate means the percentage change determined by dividing the Company’s 2014 Annual Revenue by its “2013 Annual Revenue.” For purposes of this Agreement, the Company’s and any other Comparator Group member’s “2013 Annual Revenue” is the Company’s or other member’s publicly reported total revenue (which, for the avoidance of doubt, shall include any revenue attributable to any merger and acquisition activity) for its four most recently completed fiscal quarters, determined as of February 12, 2014. If the Committee determines that an alternative method of calculating its Revenue Growth Rate would be more appropriate to achieve the objectives of this Award then such method shall be applied to determine Revenue Growth Rate for the Performance Measurement Period; provided, however, if the Grantee is a Covered Employee, the Committee’s determination must be made before the date that is 90 days after the commencement of the Performance Measurement Period.
Revenue Growth Rate as of a particular date means, (i) a ratio expressed as a percentage, (A) the numerator of which is the consolidated revenue of the Company for the 12-month period ended on such date, and (B) the denominator of which is the consolidated revenue of the Company for the 12-month period ended on the day immediately preceding the period referenced in (A) above, minus (ii) 100%, and rounded to the nearest whole percent, provided that if Revenue Growth Rate is above 30%, it shall be deemed to be 30% and if such Revenue Growth Rate is below 20%, it shall be deemed to be 20%.
Revenue Growth Rate shall generally mean the three-year compound annual growth rate for Adjusted Revenues (as defined in Section 2.3 above) and shall be calculated by dividing the Company’s Adjusted Revenues for the Performance Period by $ which was the Company’s Adjusted Revenues for the year ended , then determining the cube root of the resulting number, subtracting one from such cube root and then expressing the resulting amount as a percentage. For this purpose, the Company’s operating expenses for the Performance Period shall be that amount as set forth in the audited consolidated financial statements of the Company and its subsidiaries for the year.