Division Profit definition

Division Profit. The pre-tax net profit of the Division at the end of each fiscal year ended during the Employment Term.

Examples of Division Profit in a sentence

  • Chesapeake Packaging Co. - Madison Division, Profit Sharing Policy.

  • Chesapeake Packaging Co. - Buffalo Division, Profit Sharing Plan.

  • Employer is merging the Amway Corporation 401(k) Retirement and Savings Plan and the Nutrilite Division Profit Sharing Plan (formerly the "Employees' Profit-Sharing Retirement Plan of Nutrilite Products, Inc.") into the Plan, effective as of January 1, 1997.

  • Buyer will cooperate with and assist the 360 Principals in implementing and operating the 360 Division Profit Plan.

  • If the calculation in (ii) above shows a Division loss, Employee shall be entitled to receive commissions in an amount which will not reduce the Division Profit to zero.

  • Seller owns and operates the Chemical Management Division which includes the Acquired Subsidiaries (as hereinafter defined) and the assets and liabilities described in this Agreement (the "Division"); the results of the operations of the Division are reflected in the Division Profit Contribution Statements (as hereinafter defined).

  • The amount of any Bonus Pool distributions will reduce the Adjusted EBITDA for the applicable period on a dollar-for-dollar basis, and all reasonable expenses related to implementing and maintaining the 360 Division Profit Plan shall be included in determining Adjusted EBITDA for the period during which such expenses were incurred by Buyer.

  • To the extent permitted by law, the Employees shall be entitled to distribution of their interests in the Flat▇▇▇ ▇▇▇pany Hotel Division Profit Sharing Plan and Trust and the Tara ▇▇▇els 401(k) Profit-Sharing Plan following the Closing Date.

  • Copies of the Statement of Net Assets and the Division Profit Contribution Statement and related footnotes for the seven months ended April 3, 1999 are included in Section 2.4 of the Disclosure Schedule.

  • If the calculation in (ii) above shows a Division loss, Employee shall be entilted to receive commissions in an amount which will not reduce the Division Profit to zero.