EBITDA Period definition
Examples of EBITDA Period in a sentence
In the event that Executive is entitled to the EBITDA Bonus for a particular EBITDA Period based on such determination, Employer shall promptly pay Executive such EBITDA Bonus in accordance with Employer’s standard payroll practices.
Each EBITDA Calculation shall be delivered to Executive not later than the date (including applicable extension periods) that PMH is required to file its audited financial statements or, as applicable, interim financial statements with the Securities and Exchange Commission with respect to such EBITDA Period .
In the event that Employer has provided in such notice that Executive is entitled to the EBITDA Bonus for a particular EBITDA Period, Employer shall promptly pay Executive such EBITDA Bonus in accordance with Employer’s standard payroll practices.
In the event that Employer has provided in such notice that Executive is not entitled to the EBITDA Bonus for a particular EBITDA Period, Executive shall have a period of 30 calendar days after the date of his receipt of such notice (the “Review Period”) to review the EBITDA Calculation.
If Executive fails to deliver a Dispute Notice to Employer prior to expiration of the Review Period, then Executive shall be bound by the EBITDA Calculation delivered by Employer and Executive shall not entitled to the EBITDA Bonus for the applicable EBITDA Period.