Target Net Sales definition

Target Net Sales shall be for the Performance Period.

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Target Net Sales means the product obtained by multiplying the Target Patients by the Treatment Dosing by the Net Selling Price of the Product.

Target Net Sales means, for the purposes of this Section 5.5, the amounts specified in Exhibit E.

Examples of Target Net Sales in a sentence

• Name of Participant: Social Security No.: Total Number of Restricted Stock Units Underlying the Target Performance Award: Target TSR Stock Award: Target Net Sales Stock Award: Date of Grant: Performance Period: The period beginning on January 1, 2013 and ending on December 31, 2015.

• NET SALES COMPONENT 20% Actual net sales for fiscal year Actual Net Sales must ("Actual Net Sales") as a be at least 70% of percentage (not to exceed 100%) Target Net Sales before of target net sales of the a portion of the Bonus Company for the applicable fiscal is awarded under the year ("Target Net Sales") Net Sales Component of multiplied by 20% of Base Pay for the Bonus Formula.

• Actual performance shall be calculated as if the last day of the Performance Period was the date immediately prior to the Change in Control and, for purposes of calculating the Multiple of Target Net Sales, Target Net Sales shall equal Target Net Sales (as set forth on Exhibit A) multiplied by a fraction equal to (i) the number of days elapsed between January 1, 2010 and the date of the Change in Control divided by (ii) 1096.

• Target Net Sales *** *** *** *** *** Target Sales *** *** *** *** *** * The parties will agree Target Sales forecasts for subsequent years, 12 months in advance.

More Definitions of Target Net Sales

Target Net Sales means an amount equal to *.

Target Net Sales means the sum of (i) $11,750,000, plus (ii) the Net Sales to Customers by the Purchaser and the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Dental division of HSI ("▇▇▇▇▇▇▇▇ Schein") during the Reference Year (it being agreed that, for the applicable period, all sales to Customers by sales representatives of the Seller who are hired by the Purchaser in connection with the closing of the transactions contemplated by this Agreement shall be attributed to ▇▇▇▇▇▇▇▇ Schein).

Target Net Sales shall be $[ ] for the Performance Period. The determination of Total Shareholder Return and Net Sales will be made in the sole discretion of Board, after the end of the Performance Period once the applicable year-end audit is available. The Board also has discretion to accelerate the vesting of all or a portion of the Participant’s Performance Award based upon the overall performance of the Company and/or the Participant or based upon any change in business conditions, provided that the exercise of such discretion would not cause a Performance Award that would otherwise be deducible as "performance- based" compensation within the meaning of Section 162(m) of the Code to become non-deductible. [Form of Matched Performance Award Agreement] Grant No.: This Matched Performance Award Agreement (this “Award Agreement”) is made and entered into as of the date of grant set forth below (the “Date of Grant”) by and between Endo Health Solutions Inc., a Delaware corporation (the “Company”), and the participant named below (the “Participant”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Endo Health Solutions Inc. 2010 Stock Incentive Plan (the “Plan”). Where the context permits, references to the Company shall include any successor to the Company. Name of Participant: Social Security No.: Total Number of Restricted Stock Units Underlying the Matched Performance Award: Date of Grant: Performance Period: The period beginning on Date of Grant and ending on March 18, 2016 (or an earlier date as provided in Section 4(b) or 5 below). Vesting Date: March 18, 2016