Examples of Target EVA in a sentence
The Leverage Factor determines the rate of change in bonuses as EVA surpasses or falls short of Target EVA, determined by the Committee from an evaluation of the long term volatility of industry returns.
Bonuses earned under the Plan for a Plan Year are determined based on a comparison of actual EVA to the "Target EVA" for the year, which is established as described below to motivate improvement in EVA from year to year.
The Bonus Multiple is Actual EVA less Target EVA (positive or negative), divided by the Leverage Factor, plus one.
Bonuses earned under the Plan for a Plan Year are determined based on a comparison of actual EVA to the "Target EVA" for the year, which is established as described below to ensure improvement in EVA from year to year.
For any Plan Year, the Company Performance Factor will be calculated from a table approved by the Compensation Committee that states the Company Performance Factor that applies to achievement of various percentages of the Target EVA for the Plan Year.