When a company declares that its operational goal is to raise output by 10%, they have made a clear statement of their intent.
Operational Goals are the objectives established by the Committee at the start of a Performance Period and completed by the Participants during the course of that Performance Period. Operational Goals will be stated in terms of operational goals and/or criteria, which may or may not be earnings measures, that, in the Committee's opinion after consulting with the Corporation's Chief Executive Officer, will increase the Corporation's success both during and after a specific Performance Period.
Operational Goals refers to the clear, concise, and objective operational goals listed above that must include the more detailed justifications of each Operational Goal in the Company's books and records as if such description were set forth at length.
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