Examples of Upper Target in a sentence
Share options will vest as follows; Metric <15% Nil EPS1 options will vest Metric = 15% (Lower Target 1) 25% of EPS1 options will vest15% < Metric < 50% Straight line vesting between Lower Target 1 and Upper Target 1 Metric = 50% (Upper Target 1) 100% of EPS1 options will vestEarnings per Share Condition 2 (EPS2) – Vesting of 25% of the share options will be subject to meeting EPS2.
Share options vested as follows; Metric <15% Nil EPS1 options would have vested Metric = 15% (Lower Target 1) 25% of EPS1 options vested15% < Metric < 50% Straight line vesting between Lower Target 1 and Upper Target 1 Metric = 50% (Upper Target 1) 100% of EPS1 options vestedEarnings per Share Condition 2 (EPS2) – Vesting of 25% of the share options was subject to meeting EPS2.
Share options will vest as follows; Metric <15% Nil EPS2 options would have vested Metric = 15% (Lower Target 2) 25% of EPS2 options vested15% < Metric < 50% Straight line vesting between Lower Target 2 and Upper Target 2 Metric = 50% (Upper Target 2) 100% of EPS2 options vestedThe value of these options and loan-funded shares has been expensed over the vesting period in accordance with AASB 2.21.
If the Global metric has not been achieved at the Target level, then the payout for the corresponding Division metric will be interpolated between Threshold, Upper Target Range and Maximum only, without the benefit of the Lower Target Range or Overachievement Target.
The "Revised Upper Target" shall be determined pursuant to the same calculation that is used to determine the Upper Target, except that the calculation shall be performed for the Revised Period.
There shall be no adjustment to the Cash Consideration if the Estimated Closing Working Capital is an amount which falls on or between the Working Capital Upper Target and the Working Capital Lower Target.
Under Part XV of the SFO, Liu Zidong is interested in these 59,690,000 Consolidated Shares in which Upper Target Limited is interested.
Share options will vest as follows; Metric <15% Nil EPS2 options will vest Metric = 15% (Lower Target 2) 25% of EPS2 options will vest15% < Metric < 50% Straight line vesting between Lower Target 2 and Upper Target 2 Metric = 50% (Upper Target 2) 100% of EPS2 options will vestThe value of these options and loan-funded shares will be expensed over the vesting period in accordance with IFRS 2.
The Cash Purchase Price shall be adjusted as follows: (i) the Cash Purchase Price shall be decreased by the Preliminary Assumed Indebtedness and (ii) if the amount of Preliminary Working Capital exceeds the Working Capital Upper Target, then the Cash Purchase Price shall be increased by the excess, or if the amount of Preliminary Working Capital is less than the Working Capital Lower Target, then the Cash Purchase Price shall be decreased by the shortfall.
If the Estimated Closing Working Capital is greater than One Million Five Hundred Thousand Canadian Dollars (CDN $1,500,000) (the “ Working Capital Upper Target”), then Buyer shall increase the Cash Consideration, as converted to United States Dollars at the then current Exchange Rate, by the amount the Estimated Closing Working Capital exceeds the Working Capital Upper Target (the amount of such excess, the “Excess Amount”).