EBIT Attainment Percentage definition
EBIT Attainment Percentage with respect to any Reference Year shall mean the percentage that is established as follows: if the EBIT (as defined below) of the Company with respect to the Reference Year is
EBIT Attainment Percentage means the percentage that is established as follows: if the EBIT (as defined below) of the Company for the fiscal year ending January 31, 1998 is
EBIT Attainment Percentage shall be determined as follows: THEN THE EBIT ATTAINMENT PERCENTAGE IF THE EBIT (AS DEFINED BELOW) IS: SHALL BE: less than the Minimum EBIT Target (as Zero percent (0%) defined below) for the Company's preceding fiscal year equal to the Minimum EBIT Target for the Eighty percent (80%) Company's preceding fiscal year greater than the Minimum EBIT Target for The sum of (x) eighty percent (80%), plus the Company's preceding fiscal year, but (y) the product of twenty percent (20%) less than the Annual EBIT Target (as multiplied by a fraction, the numerator of defined below) for the Company's which shall be the excess of (i) the EBIT preceding fiscal year of the Company for the Company's preceding fiscal year over (ii) the Minimum EBIT Target for the Company's preceding fiscal year, and the denominator of which shall be the excess of the Annual EBIT Target for the Company's preceding fiscal year over the Minimum EBIT Target for the Company's preceding fiscal year equals the Annual EBIT Target for the One hundred percent (100%) Company's preceding fiscal year greater than the Annual EBIT Target for The sum of (x) one hundred percent the Company's preceding fiscal year, but (100%) plus (y) the product of twenty less than the Maximum EBIT Target (as percent (20%) multiplied by a fraction, the defined below) for the Company's numerator of which shall be the excess of preceding fiscal year (i) the EBIT of the Company for the Company's preceding fiscal year over (ii) the Annual EBIT Target for the Company's preceding fiscal year, and the denominator of which shall be the excess of the Maximum EBIT Target for the Company's preceding fiscal year over the Annual EBIT Target for the Company's preceding fiscal year equal to or greater than the Maximum One hundred twenty percent (120%) EBIT Target for the preceding year