Target EV definition

Target EV means the amount payable to Executive, which is expressed as a percentage of Executive’s Termination Base Salary, as a bonus or incentive payment to Executive under the Company’s annual bonus or incentive program presuming that the Company and individual performed at target under all applicable performance criteria and objectives.
Sample 1Sample 2Sample 3
Target EV means [40%]7 [50%]8 [60%]9 of Executive’s Termination Base Salary. 1 For Messrs. Maroney, Nibling, Xxxxx and Xxxxxxxx 2 For Xx. Xxxxxxx 3 For Xx. Xxxxxxxx 4 For Messrs. Maroney, Nibling, Xxxxx and Xxxxxxxx 5 For Xx. Xxxxxxx 6 For Xx. Xxxxxxxx
Sample 1

Examples of Target EV in a sentence

  • Payout under the “Annual Management Incentive Program” (or a similar or successor plan) for the year in which the Date of Termination occurs, will be pro-rated through and including the Date of Termination (on the basis of a 365 day year) and will be based on the higher of (a) the Executive’s Target EV opportunity; or (b) the actual annual financial plan results.

  • Effective as of the Date of Termination, Tuboscope shall pay to Executive an amount equal to two (2) times (i.e., the 24 months set forth in B above) fifty percent (50%) of Executive's Termination Base Salary ("Target EV") as payment for the "Annual Management Incentive Program".

  • Selected Precedent Transactions Precedent Merger and Acquisition Transactions (Dollars in millions) Date Date LTM LTM Enterprise Value/ Announced Closed Acquirer Target EV (1) Revenue EBITDA LTM Revenue LTM EBITDA 06/28/12 07/27/12 Qualium Investissement Kermel S.A. (2) $106 $47 $13 2.3x 8.2x 04/11/12 05/31/12 Lear Corp.

  • Effective as of the Date of Termination, Tuboscope shall pay to Executive an amount equal to three (3) times (i.e., the 36 months set forth in B above) sixty percent (60%) of Executive's Termination Base Salary ("Target EV") as payment for the "Annual Management Incentive Program".

  • The potential for acoustic sources to impact marine mammal habitat or prey species is discussed below.

  • Effective as of the Date of Termination, Varco shall pay to Executive an amount equal to three (3) times Executive’s Target EV, payable in a lump sum within thirty days following such Date of Termination.

  • Status Quo/Off- Target EV Adoption● Assumes 25% of new LDV and 10% of new MHDV sales in Canada are BEV/PHEVs● Assumes 16% of new LDV and9% of new MHDV sales in theU.S. are BEV/PHEVs● Includes output from realized and announced projects 36 and those likely to be realized by 203037● Baseline to measure Canada’s minimum position in 2030 if no further investments are realized● Baseline to develop Scenarios 2, 3, and 4● Increasingly unlikely2.

  • Status Quo/On- Target EV Adoption● Assumes 25% of new LDV and 10% of new MHDV sales in Canada are BEV/PHEVs● Assumes 16% of new LDV and 9% of new MHDV sales in theU.S. are BEV/PHEVs● Output elsewhere in supply chain similar to Scenario 1● Baseline to measure Canada’s position in 2030 assuming higher EV adoption but no further supply chain investments3.

Related to Target EV

  • TARGET 2 means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007.

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • KPI Target means the acceptable performance level for a KPI as set out in relation to each KPI;

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Target Share means any share of the Common Stock of the Target.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 87.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M5 Target Amount With respect to any Distribution Date an amount equal to the lesser of (a) the product of (i) 93.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (1) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (2) the Overcollateralization Floor.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • Milestone Event has the meaning set forth in Section 1.11(a).

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 95.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

Most Referenced Clauses

Most Referenced Definitions