https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
EBITDA, free cash floff w, free cash flow with or without specific capital expenditure target or range, including or excluding divestments and/or acquisitions, total cash floff w, cash flow in excess of cost of capital or residual cash floff w or cash flow return on investment); • Returns (e.g., Profitsff or Cash Flow returns on: assets, invested capital, net capital employed, sales, and equity); • Working Capital (e.g., working capital divided by sales, days’ sales outstanding, days’ sales inventory, and days’ sales in payables); • Profit Margins (e.g., Profits divided by revenues, gross margins and material margins divided by revenues, and material margin divided by sales pounds); • Liquidity Measures (e.g., debt-to-capital, debt-to-EBITDA, total debt ratio); • Sales Growth, Gross Margin Growth, Cost Initiative and Stock Price Metrics (e.g., revenues, revenue growth, revenue growth by targeted country, region or end market, gross margin and gross margin growth, material margin and material margin growth, stock price appreciation, total return to shareholders, sales and administrative costs divided by sales, and sales and administrative costs divided by profits); and • Strategic Initiative Key Deliverable Metrics consisting of one or more of the folff lowing: product development, strategic partnering, research and development, vitality index, market penetration, geographic business expansion goals, cost targets, customer satisfaction, employee satisfaction, management of employment practices (including succession planning and talent development) and employee benefitsff , supervision of litigation and inforff mation technology, and goals or synergies relating to acquisitions or divestitures of subsidiaries, affiliates and joint ventures. The Consultant provided us with services under $120,000 that were in addition to the services provided in connection with its advice and recommendations on the amount or form of executive and Director compensation. 36 The Compensation Committee considered all relevant factors, specifically including six consultant independence factors under Rule 10C-1(b)(4)(i) through (vi) under the Securities Exchange Act of 1934 (referred to as the “Exchange Act”), in assessing the independence of the Consultant. w) “Perforff mance Period” means, in respect of a Cash Incentive Award, Perforff mance Share or Performance Unit, a period of time established pursuant to Section 8 of this Plan within which the Management Objectives relating to such Cash Incentive Award, Perforff mance Share or Perforff mance Unit are to be achieved.
