Change in Accounting Principle. If the Company implements a change in accounting principle during the Award Period either as a result of the issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of the 162(m) Award, then Cumulative EPS and Average ROIC shall be adjusted to eliminate the impact of the change in accounting principle.
Appears in 4 contracts
Sources: Long Term Incentive Award Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co)
Change in Accounting Principle. If the Company implements a change in accounting principle during the Award Performance Period either as a result of the issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of the 162(m) Awardthis award, then Cumulative Average EPS Growth and Average ROIC ROCE shall be adjusted to eliminate the impact of the change in accounting principle.
Appears in 2 contracts
Sources: Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc), Long Term Incentive Award Agreement (Schnitzer Steel Industries Inc)
Change in Accounting Principle. If the Company implements a change in accounting principle during the Award Period either as a result of the issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of the 162(m) Award, then Cumulative EPS and Average ROIC shall be adjusted to eliminate the impact of the change in accounting principle.
Appears in 1 contract
Sources: Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co)