NATP definition

NATP means net profit after taxes (defined as net income attributable to common shareholders, after taxes, from continuing operations before the cumulative effect of any change in accounting principles, as determined in accordance with GAAP and reflected in the Company’s Consolidated Statements of Operations in its filing with the SEC, but without regard to any change in accounting standards that may be required by the Financial Accounting Standards Board after the Grant Date and modified so as to exclude any Extraordinary Items of Income).
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NATP means the consolidated net after-tax profits of the Company for fiscal 1996, as reported by the Company in its audited financial statements for 1996.
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NATP means the consolidated net after-tax income of the Company and its subsidiaries for fiscal 1997 as reported by the Company in its audited financial statements for 1997.
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Examples of NATP in a sentence

  • The number of Performance RSUs to which the Grantee would be entitled if the Maximum Achievement Level and NATP condition is attained by the Company and the Service Requirement fully completed shall be credited to the Grantee’s Account as of the Grant Date.

  • Successful completion of the NATP is dependent upon 100% student attendance.

  • Subject to the provisions of this Agreement and pursuant to the provisions of the Plan, the Committee hereby grants to the Grantee a Performance RSU Award on the Grant Date for Performance RSUs as stated in the Performance RSU Overview below representing the number of RSUs that would be tentatively earned by the Grantee upon attainment by the Company of the Maximum Achievement Level and the NATP condition and would vest upon full completion of the Service Requirement.

  • Except as otherwise provided herein, the NATP Cut, Target and Stretch Achievement Levels reflect the NATP for the Fiscal Year ending June 30, 20xx, and the right to Performance RSUs is not dependent on the achievement of any particular level of NATP for the Fiscal Year ending June 30, 20yy.

  • No Performance RSUs shall become tentatively earned under this Subsection 3(a) in the event the NATP for the fiscal year of the Company ending [date] is less than the NATP for the fiscal year of the Company ended [date].

  • If the Grantee tentatively earns 4,500 Performance RSUs for attainment of the Stretch Achievement Level, and NATP for the Fiscal Year ending June 30, 20xx is the midpoint between the NATP Target Achievement Level and the Stretch Achievement Level, the Grantee would tentatively earn an additional 750 Performance RSUs reflecting the attainment of NATP between the Target and Stretch Achievement Levels (for a total of 3,750 Performance RSUs).

  • The NATP Performance Measure is evaluated independently by the Committee.

  • If NATP for the Fiscal Year ending June 30, 20xx is below the NATP Cut Achievement Level, the Grantee shall not tentatively earn any portion of the Performance RSUs.

  • If NATP for the Fiscal Year ending June 30, 20xx is equal to or greater than the NATP Stretch Achievement Level, the Grantee shall tentatively earn one hundred percent (100%) of the Performance RSUs credited to Grantee’s Account.

  • The Cut, Target and Stretch Achievement Levels reflected in Appendix A represent the actual NATP for the specified period and not the growth in NATP.

Related to NATP

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  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • Broadband level means all positions sufficiently similar in knowledge, skills, and abilities, and sufficiently similar as to kind or subject matter of work, level of difficulty or responsibilities, and qualification requirements of the work, to warrant the same treatment as to title, pay band, and other personnel transactions.

  • CAGR means compound annual growth rate;