contribution profit definition
contribution profit means gross profit less shipping, packaging, fulfillment (including personnel), payment expenses and the portion of marketing expenses attributable to retaining existing customers.
contribution profit means Net Sales, less the following: [***]. In the event of any dispute arising between the Parties on the determination or calculation of Contribution Profit or any component or accounting thereof that the Parties are unable to resolve despite negotiating in good faith, either Party may submit the dispute to a neutral and mutually agreeable nationally recognized public accounting firm, for a determination thereof, whose decision shall be binding upon the Parties.
contribution profit is, as determined by Bank in its reasonable discretion, Borrower’s net revenue minus product costs minus variable order costs (including, without limitation, all costs incurred in operating and staffing Borrower’s fulfillment centers, including costs attributable to receiving, inspecting and warehousing inventories, picking, packaging and preparing customer orders for shipment, shipping and handling expenses, packaging materials costs and payment processing and related transaction costs, but excluding, for the avoidance of doubt, facility and building operating costs and expenses and general overhead costs and expenses).”
More Definitions of contribution profit
contribution profit refers to 2013 Contribution Profit, 2014 Contribution Profit or 2015 Contribution Profit as applicable.
contribution profit means an amount equal to the direct revenues of the New York Division less direct operating expenses before any allocation of corporate overheads as calculated by the Company. The Company goal shall be based on the Company's adjusted budgeted 1998 earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted to take into account the Spinoff, the related acquisition of the operations of Dono▇▇▇-▇▇▇▇▇▇ ▇▇▇lishing Company for the remainder of 1998 following the Spinoff, the costs associated with the changes in the Company's structure and status resulting from the Spinoff and the exclusion of the operations of Curt▇▇ & Peas▇/▇▇▇eco, Inc. ("Adjusted Budgeted 1998 EBITDA"). The Company's Adjusted Budgeted 1998 EBITDA is expected to be determined on or before July 31, 1998, and shall be used for purposes of determining 1998 annual incentive compensation of the Executive and other comparable executive officers of the Company. The total bonus opportunity for 1998 at budget as adjusted is $150,000, which amount shall be guaranteed for 1998 regardless of Division or Company performance. Executive shall receive additional annual bonus for 1998 as follows: two percent of all dollar amounts of the Division's contribution profit in excess of the target specified above; and one percent of all dollar amounts of the Company's EBITDA in excess of Adjusted Budgeted 1998 EBITDA. Annual bonus opportunities for subsequent years shall be based on principles similar to the foregoing and shall be comparable to bonus opportunities for similarly situated Executives of the Company, but with a minimum bonus opportunity of $200,000 per year.
contribution profit means merchandise profit less distribution, shipping and fulfillment expenses, store occupancy, including maintenance, supplies and utilities, store payroll, and other operating expenses, such as credit card processing fees. We include store occupancy and store payroll costs in contribution profit as stores are an integral part of our unified commerce strategy and serve as a vehicle to both acquire and service customers on an ongoing basis;
contribution profit means an amount equal to the direct revenues of the Division less direct operating expenses before any allocation of corporate overheads as calculated by the Company. The Company goals may in part be based on the Company's budgeted 2001 earnings before interest, taxes, depreciation and amortization ("EBITDA"). The targeted bonus opportunity for 2001 at budget is $175,000. Executive shall have the opportunity to earn additional annual bonus based on exceeding targeted goals established for calendar year 2001. Annual bonus opportunities for subsequent years shall be based on principles similar to the foregoing and shall be comparable to bonus opportunities for similarly situated Executives of the Company. Such annual bonus shall be paid in cash, shares of the Company's Common Stock or a combination of cash and shares of the Company's Common Stock, to be determined in the sole discretion of the Compensation Committee of the Board (or if there is no such Committee, the Board).
contribution profit means merchandise profit less distribution, shipping and fulfillment expenses, store occupancy, including maintenance, supplies and utilities, store payroll, and other operating expenses, such as credit card processing fees. We include store occupancy and store payroll costs in contribution profit as stores are an integral part of our unified commerce strategy and serve as a vehicle to both acquire and service customers on an ongoing basis;