B. For each Performance Period, the performance objectives may be based on ONE OR MORE of the following criteria:
(i) pre-tax or after-tax net earnings or net income,
(ii) sales or revenue growth or other revenue or sales objectives,
(iii) cash flow, operating cash flow or free cash flow objectives,
(iv) return on assets or net assets,
(v) return on stockholder equity,
(vi) return on capital or invested capital, [not looking good]
(vii) Stock price per share or growth in Stock price per share,
(viii) total stockholder return,
(ix) operating margin or gross or net profit margin,
(x) earnings per share,
(xi) market share,
(xii) operating income or pre-tax or after-tax net operating income,
(xiii) operating profit or pre-tax or after-tax net operating profit,
(xiv) operating earnings or pre-tax or after-tax net operating earnings, (xv) earnings or operating income before interest, taxes, depreciation, amortization and/or charges for stock-based compensation,
(xvi) economic value-added models,
(XVII) COST REDUCTIONS,
(xviii) budget objectives,
(xix) litigation and regulatory resolution goals,
(XX) EXPENSE CONTROL GOALS,
(xxi) measures of student academic success,
(xxii) measures of student satisfaction at one or more of the Company’s universities or throughout the Company’s university system as a whole, as formulated by the Committee and validated in one or more instances through one or more independently-conducted surveys,
(xxiii) measures of faculty performance at one or more of the Company’s universities or throughout the Company’s university system as a whole,
----> (xxiv) MEASURES OF FACULTY SATISFACTION at one or more of the Company’s universities or throughout the Company’s university system as a whole, as formulated by the Committee and validated in one or more instances through one or more independently-conducted surveys,
(xxv) measures to enhance student protection or student service at one or more of the Company’s universities or throughout the Company’s university system as a whole, and (xxvi) measures of employee productivity. Any of the foregoing criteria may be measured either in absolute terms or as compared to any incremental increase or as compared to results of a peer group or as measured in terms of one or more business units or Subsidiaries of the Company. The Committee shall, within the time prescribed by Section 162(m) of the Code, define in an objective fashion the manner of calculating the Performance Criteria it selects to use for such Performance Period for such Participant.
SOURCE:
https://www.sec.gov/Archives/edgar/data/929887/000119312516738664/0001193125-16-738664-index.htm