Maximum EBITDA

Maximum EBITDA. With respect to a specified fiscal year within the Performance Period, the Adjusted EBITDA target for the Company for such fiscal year, which target shall be adjusted from time to time in good faith by the Compensation Committee to reflect the consequences of material acquisitions or dispositions or any series of immaterial acquisitions or dispositions that, in the aggregate, would be material, and changes in GAAP promulgated by FASB or the SEC. Such adjustment by the Compensation Committee... shall be made for the purpose of providing a consistent basis from year to year for computing the relationship of Adjusted EBITDA to Maximum EBITDA in order to prevent the dilution or enlargement of the Grantee's rights under this Agreement. The initial Adjusted EBITDA targets for the Company are set forth below: Fiscal Year Ended August 31st Maximum EBITDA 2006 2007 2008 2009 2010 (in millions) Adjusted EBITDA $ 217.322 $ 247.389 $ 279.280 $ 314.462 $ 352.820 For the avoidance of doubt, the target for year 2006 is a target for Adjusted EBITDA earned during all of fiscal year 2006. View More