Common use of Enterprise Value Clause in Contracts

Enterprise Value. Enterprise Value (in billions) ---------------------------------------------------------------------------------------------------------------------- % Earned $1.20 $1.30 $1.40 $1.50 $1.60 $1.70 $1.80 $1.90 $2.00 $2.10 $2.20 $2.30 $2.40 $2.50 ---------------------------------------------------------------------------------------------------------------------- % of $1.875M Pool (25% of $7.5M) 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110% 120% ---------------------------------------------------------------------------------------------------------------------- UNSECURED CREDITOR RECOVERY Unsecured Creditor Recovery (%) ---------------------------------------------------------------------------------------------------------------------- % Earned 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% 100% ---------------------------------------------------------------------------------------------------------------------- % of $3.75 M UCR Pool (50% of $7.5M) 0% 0% 0% 0% 20% 30% 40% 50% 60% 70% 80% 95% 110% 125% 150% ---------------------------------------------------------------------------------------------------------------------- The percentage of the bonus pool attributable to the EBITDA, enterprise value or unsecured creditor recovery metric, as applicable, when performance falls between data points in the tables above, shall be determined by using straight line interpolation.

Appears in 2 contracts

Sources: Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc)

Enterprise Value. Enterprise Value (in billions) ---------------------------------------------------------------------------------------------------------------------- % Earned $1.20 $1.30 $1.40 $1.50 $1.60 $1.70 $1.80 $1.90 $2.00 $2.10 $2.20 $2.30 $2.40 $2.50 ---------------------------------------------------------------------------------------------------------------------- % of $1.875M Pool (25% of $7.5M) 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110% 120% Pool (25% of $7.5M) ---------------------------------------------------------------------------------------------------------------------- UNSECURED CREDITOR RECOVERY Unsecured Creditor Recovery (%) ---------------------------------------------------------------------------------------------------------------------- % Earned 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% 100% ---------------------------------------------------------------------------------------------------------------------- % of $3.75 M UCR Pool (50% of $7.5M) 0% 0% 0% 0% 20% 30% 40% 50% 60% 70% 80% 95% 110% 125% 150% Pool (50% of $7.5M) ---------------------------------------------------------------------------------------------------------------------- The percentage of the bonus pool attributable to the EBITDA, enterprise value or unsecured creditor recovery metric, as applicable, when performance falls between data points in the tables above, shall be determined by using straight line interpolation.

Appears in 1 contract

Sources: Employment Agreement (Solutia Inc)