Management Objectives. Means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary, division,
... department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. cash flow/net assets ratio; 2. debt/capital ratio; 3. return on total capital; 4. return on equity; 5. return on net assets 6. earnings per share; 7. revenue; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. If the Committee determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance
Shares Units or Performance
Units Shares or, when so determined by the
Board, Committee, Option Rights, Appreciation Rights, Restricted Shares and
dividend credits Restricted Stock Units pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the
... individual Participant or of the Affiliate, Subsidiary, division, department, region or function within the Company Company, Affiliate or Subsidiary in which the Participant is employed. The Management Objectives employed and may be made relative to the performance of other corporations. companies. The Management Objectives applicable to any award to a Covered Employee that is intended to qualify for the performance-based compensation exception to Section 162(m) of the Code shall be based on specified levels of or growth in one or more of the following criteria: 1. revenues, weighted average revenue per unit, earnings from operations, operating income, earnings before or after interest and taxes, operating income before or after interest and taxes, net income, cash flow/net assets ratio; 2. debt/capital ratio; 3. flow, earnings per share, debt to capital ratio, economic value added, return on total capital; 4. capital, return on equity; 5. invested capital, return on net assets 6. earnings per share; 7. revenue; 8. equity, return on assets, total return to stockholders; 9. stockholders, earnings before interest and taxes; and 10. earnings before or after interest, taxes, depreciation depreciation, amortization or extraordinary or special items, operating income before or after interest, taxes, depreciation, amortization or extraordinary or special items, return on investment, free cash flow, cash flow return on investment (discounted or otherwise), net cash provided by operations, funds from operations, adjusted funds from operations, cash flow in excess of cost of capital, operating margin, operating expenses, gross expense management, profit margin, contribution margin, stock price and/or strategic business criteria consisting of one or more objectives based on meeting specified product development, strategic partnering, research and amortization. development, market penetration, geographic business expansion goals (e.g., opening of new offices in new geographic areas) cost targets, customer satisfaction, gross or net additional customers, average customer life, employee satisfaction, management of employment practices and employee benefits, supervision of litigation and information technology, and goals relating to acquisitions or divestitures of subsidiaries, affiliates and joint ventures. Management Objectives may be stated as a combination of the listed factors. If the Committee determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances (including those events and circumstances described in Section 12 of this Plan) render the Management Objectives unsuitable, the Committee may in may, at its discretion discretion, modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and equitable, except in the case of a Covered Employee where to the extent that such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall not make any modification of the Management Objectives or minimum acceptable level of achievement. Code
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Management Objectives.
Means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted
Shares and Stock, Restricted Stock Units, dividend credits
or other awards pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the
... individual Participant or of the Subsidiary, division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of one or more other corporations. companies or subsidiaries, divisions, departments, regions or functions within such other companies, and may be made relative to an index or one or more of the performance objectives themselves. The Board may grant awards subject to Management Objectives that are either Qualified Performance-Based Awards or are not Qualified Performance-Based Awards. The Management Objectives applicable to any award Qualified Performance-Based Award to a Covered Employee shall will be based on specified levels of or growth or improvement in one or more of the following criteria: 1. cash flow/net assets ratio; 2. debt/capital ratio; 3. return on total capital; 4. return on equity; 5. return on net assets 6. earnings per share; 7. revenue; 8. total return criteria provided in Appendix A attached to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. this Plan. If the Committee Board determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level or levels of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee Qualified Performance-Based Award (other than in connection with a Change of Control) where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall Board will not make any modification of the Management Objectives or minimum acceptable level or levels of achievement. achievement with respect to such Covered Employee.
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Management Objectives.
Means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of
Performance Restricted Shares or
Performance Units or, when Incentive Units, and, if so determined by the Board, Option
Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Rights. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual
... Participant or of the Subsidiary, division, department, region or function within the Company or Subsidiary in a particular project with which the an individual Participant is employed. may be involved. The Management Objectives may be made relative to the performance of other corporations. comparable companies, or an industry index, if so determined by the Board. The Management Objectives applicable to any award to a Covered Employee an employee that is intended to comply with Section 162(m) of the Code shall be based on specified levels of or growth in one or more of the following criteria: 1. (1) cash flow/net assets ratio; 2. debt/capital ratio; 3. flow; (2) return on total invested capital; 4. return on equity; 5. return on (3) net assets 6. income (which may include equity in net income of uncombined entities); (4) earnings per share; 7. revenue; 8. (5) total revenue, fee revenue, and/or rental revenues; (6) stock price or return on investment to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. and/or (7) achievement of specified budgetary criteria for a particular project. 2 If the Committee Board determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee an employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee Board shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance
Shares Units or Performance
Units Shares or, when so determined by the
Board, Committee, Option Rights, Appreciation
Rights, Rights and Restricted Shares
and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual
... Participant or of the Subsidiary, division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. revenues; earnings from operations; earnings before or after interest and taxes; net income; cash flow/net assets ratio; 2. debt/capital ratio; 3. flow; earnings per share; working capital; economic value added; return on total capital; 4. return on invested capital; return on equity; 5. return on net assets 6. earnings per share; 7. revenue; 8. assets; total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before or after interest, taxes, depreciation depreciation, amortization or extraordinary or special items; return on investment; free cash flow; cash flow return on investment (discounted or otherwise); net cash provided by operations; cash flow in excess of cost of capital; operating margin; profit margin; stock price and/or strategic business criteria consisting of one or more objectives based on meeting specified product development, strategic partnering, research and amortization. development, market penetration, geographic business expansion goals, cost targets, customer satisfaction, employee satisfaction, management of employment practices and employee benefits, supervision of litigation or information technology, goals relating to acquisitions or divestitures of subsidiaries, affiliates and joint ventures. Management Objectives may be stated as a combination of the listed factors. If the Committee determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances (including those events and circumstances described in Section 12 of this Plan) render the Management Objectives unsuitable, the Committee may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and equitable, except in the case of a Covered Employee where to the extent that such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary,
... division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. cash flow/net assets ratio; 2. debt/capital ratio; 3. return on total capital; 4. return on equity; 5. return on net assets 6. earnings per share; 7. revenue; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. If the Committee Board determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall not make any modification of the Management Objectives or minimum acceptable level of achievement. equitable.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the
Board, Committee, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of
Company-wide Corporation-wide objectives or objectives that are related to the performance of the individual Participant
... or of the Subsidiary, division, department, region or function within the Company Corporation or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any an award to a Covered Employee shall be based on specified levels of growth or growth improvement in one or more of the following criteria: 1. cash flow/net assets ratio; earnings; 2. debt/capital ratio; earnings per share (earnings per share will be calculated without regard to any change in accounting standards that may be required by the Financial Accounting Standards Board after the goal is established); 3. return on total capital; share price; 4. return on equity; shareholder return; 5. return on net assets invested capital, equity, or assets; 2 6. earnings per operating earnings; 7. sales; 8. productivity; 9. cash flow; 10. market share; 7. revenue; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. 11. profit margin; 12. customer service; and/or 13. economic value added. If the Committee determines that a change in the business, operations, corporate structure or capital structure of the Company, Corporation, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of
Company-wide Corporation-wide objectives or objectives that are related to the performance of the individual Participant or of the
... Subsidiary, division, department, region or function within the Company Corporation or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. cash flow/net assets ratio; earnings; 2. debt/capital ratio; earnings per share (earnings per share will be calculated without regard to any change in accounting standards that may be required by the Financial Accounting Standards Board after the goal is established); 3. return on share price; 4. total capital; 4. return on equity; shareholder return; 5. return on net assets invested capital, equity, or assets; 6. earnings per share; operating earnings; 7. revenue; sales growth; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. productivity improvement; If the Committee Board determines that a change in the business, operations, corporate structure or capital structure of the Company, Corporation, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee Board shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this
Plan Plan, when determined by the Board to be applicable for Participants who have received grants of
Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of
Company-wide Corporation-wide objectives or objectives that are related to the
... performance of the individual Participant or of the Subsidiary, division, department, region or function within the Company Corporation or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. cash flow/net assets ratio; earnings; 2. debt/capital ratio; earnings per share (earnings per share will be calculated without regard to any change in accounting standards that may be required by the Financial Accounting Standards Board after the goal is established); 3. return on share price; 4. total capital; 4. return on equity; shareholder return; 5. return on net assets invested capital, equity, or assets; 6. earnings per share; operating earnings; 7. revenue; sales growth; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. productivity improvement; 2 If the Committee Board determines that a change in the business, operations, corporate structure or capital structure of the Company, Corporation, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee Board shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary,
... division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. cash flow/net assets ratio; 2. debt/capital ratio; 3. return on total capital; 4. return on equity; 5. return on net assets 6. earnings per share; share growth; 6. revenue growth; and 7. revenue; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. shareholders. If the Committee Board determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee Board shall not make any modification of the Management Objectives or minimum acceptable level of achievement.
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Management Objectives.
Means means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary,
... division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria: 1. cash flow/net assets ratio; 2. debt/capital ratio; 3. return on total capital; 4. return on equity; 5. return on net assets 6. earnings per share; share growth; 6. revenue growth; and 7. revenue; 8. total return to stockholders; 9. earnings before interest and taxes; and 10. earnings before interest, taxes, depreciation and amortization. If shareholders. Except where a modification would result in an award no longer qualifying as performance based compensation within the Committee determines that a change in the business, operations, corporate structure or capital structure meaning of Section 162(m) of the Company, or Code, the manner in which it conducts its business, or other events or circumstances render the Management Objectives unsuitable, the Committee Board may in its discretion modify such Management Objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee Board deems appropriate and equitable, except in the case of a Covered Employee where such action would result in the loss of the otherwise available exemption of the award under Section 162(m) of the Code. In such case, the Committee shall not make any modification of the Management Objectives or minimum acceptable level of achievement. equitable.
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