3-Year Average Return on Equity

Example Definitions of "3-Year Average Return on Equity"
3-Year Average Return on Equity. The term "3-Year Average Return on Equity" shall mean the sum of normalized (per the consolidated budget) net income divided by average equity excluding changes in accumulated other comprehensive income from equity for each year in the Performance Period divided by three (3).
3-Year Average Return on Equity. The term "3-Year Average Return on Equity" shall mean the sum of normalized (per the consolidated budget) net income divided by average equity excluding changes in accumulated other comprehensive income from equity for each year in the Performance Period divided by three (3). Accumulated other comprehensive income is excluded from equity.
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