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SEC Filings

CINEMARK HOLDINGS, INC. filed this Form 10-K on 02/23/2018
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(b)Performance Goals.

(i)A performance goal will be based on a pre-established objective formula or standard that specifies the manner of determining the number of Shares or cash under the Performance Award that will be granted or will vest if the performance goal is attained; provided, however, that no Performance Award may provide for or permit any portion of the Performance Award to vest sooner than 12 months after the Date of Grant. The Administrator will determine the performance goal before the time that 25% of the service period has elapsed, but not later than 90 days after the commencement of the service period to which the performance goal relates.

(ii)Performance goals may be based on one or more of the following business criteria, which may be applied to a Participant, a business unit or the Company and its Affiliates:

(1)revenue (net or gross);

(2)revenue growth;

(3)sales (net or gross), including growth in sales measured by product line, territory, facility, customer or customers or other category;

(4)earnings (net or gross), including earnings before all or any of interest expense, taxes, depreciation and amortization (“EBIT,” “EBITA,” or “EBITDA”), earnings per share or earnings from continuous operations;

(5)Adjusted EBITDA or Adjusted EBITDA Margin;

(6)profits, including profits before or after taxes or other expenses or adjustments, maintenance or improvement of profit margins, or profitability of an identifiable business unit, product line or facility;

(7)operating income, including operating income per share, pre-tax or after- tax income, net cash provided by operating activities, funds from operations or funds from operations per share;

(8)operating expenses;

(9)cash flow, including cash available for distribution, cash available for distribution per share, improvement in cash-flow (before or after tax) or free cash flow;

(10)working capital and components thereof, including improvement in capital structure;

(11)credit rating, independent industry rating or assessments;

(12)stock price or share price performance, return on stockholders’ equity or average stockholders’ equity or total stockholders’ return;

(13)return on assets, return on capital, return on invested capital, changes in net assets, enterprise value or economic value added, net worth, return on investment before or after the cost of capital or return on equity;

(14)earnings from continuous operations;

(15)costs, improvement in the attainment of expense levels, expense management, capital expenditures, and levels of expense, cost or liability by category, operating unit, facility or any other delineation;

(16)implementation or completion of critical projects;

(17)strategic plan development and implementation, closing of corporate transactions;

(18)market share; or