Retained Earnings means the retained earnings of an FHLBank calculated pursuant to GAAP.
Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.
Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.
net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;
Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.