Gross Margin Dollars definition
Examples of Gross Margin Dollars in a sentence
New Awards Gross Margin Dollars measures the total amount of project gross margin that the Company expects to receive as a result of projects awarded within each year of the Performance Period.
New Awards Gross Margin Dollars measures the total amount of project gross margin that the Company expects to receive as a result of projects awarded within the Performance Period described below.
Your VDI Award performance criteria are comprised of two measures: New Awards Gross Margin Dollars and New Awards Gross Margin Percentage (the “Performance Targets”).
For purposes of this Agreement, the term “Sales Gross Margin Dollars (SGMD”) shall mean the sales gross profit of the Company during the applicable period, as reflected on its financial statements on a consolidated basis.
The Gross Margin Dollars on the transaction is $22,000 ($122,000 - $1 00, 000).
Step 1: Determine the Increase in Gross Margin Dollars achieved by the Company for the Performance Period.
For example, if Franchisee's Adjusted Gross Margin Dollars are in Tier 4 of the Gross Margin Schedule, entitling Franchisee to a Franchisee Split of 63%, and if the Gross Margin Percentage is 27%, then Franchisee's Split shall be increased according to the bonus chart below by 2%, for a total Franchisee Split of 65%.
These units will be adjusted based on the Company’s performance for the Performance Period against the established Performance Targets, which will be weighted as follows: 30% ROAE, 30% New Awards Gross Margin Dollars and 40% New Awards Gross Margin Percentage.
In the event LKQ delivers such written notice with respect to a Distributor prior to December 31, 2006, the Company shall be deemed during the First Earnout Period to have generated Gross Margin Dollars equal to the amount of the required price reduction (on a per unit of Inventory basis) multiplied by the number of units of such Inventory actually sold by the Company subsequent to the date of such notice during the First Earnout Period.
For purposes of this Agreement, the term Sales Gross Margin Dollars (“SGMD”) shall mean the sales gross profit of the Company on Infrastructure Sales and Technical Staffing Solutions combined during the applicable period, as reflected on its financial statements on a consolidated basis.