First Annual Index Target

Example Definitions of "First Annual Index Target"
First Annual Index Target. Shall mean, for any Fiscal Year, the Annual Closing Price equals the Index Closing Price or exceeds the Index Closing Price by up to, but not including 2.5.
First Annual Index Target. Shall mean, for any Fiscal Year, Year 2016, the Annual Closing Price equals the Index Closing Price or exceeds the Index Closing Price by up to, but not including 2.5. 1.875, and for any other Fiscal Year, the Annual Closing Price equals or exceeds the Index Closing Price by up to, but not including, 2.50.
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