ROE

ROE. Shall mean consolidated net income of the Corporation (less preferred dividends), divided by the average consolidated common stockholders equity.

ROE. Shall mean the amount of total equity invested in UI divided into UI's total net income for the year. The performance measure will be the average of the earned ROE achieved for each year in the three year Performance Period, with distinct ROE goals being established for each element of UI's business (e.g., distribution, transmission, CTA, etc), all in accordance with the UI LTIP.

ROE. Means the Company's return on equity for the Fiscal Year, computed as a percentage by dividing Net Income for such Fiscal Year by Stockholders' Equity as of the beginning of such Fiscal Year.